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Showing posts from March 3, 2015

INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c

GILLES CISTAC,MOZAMBIQUE INFLUENTIAL LAWYER,WAS ASSASSINATED TODAY IN A TAXI.

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               According to Mozambique police spokesman Orlando Modumane,he said ''54 year old Gilles Cistac,who is a French by origin,had been in a taxi on his way to work when a car carrying four men pulled up alongside the cab and one of them shot him several times.The assassination took place today tuesday.Cistac had been a central figure in a debate about the creation of autonomous states in Mozambique,a country that has attracted billions of dollars in foreign investments in recent years after making huge coal and natural gas finds.Mozambique's main opposition party Renamo has called for its politicians to govern regions where it won more votes than the ruling Frelimo party in elections last year.Last month,Cistac told reporters that the creation of autonomous regions would be allowed under the constitution,a controversial stand point given that Renamo party has also proposed that Mozambique should be divided into two countries.For rebel group Renamo said Cistac had b

IN A NEW VIDEO,BOKO HARAM BEHEADS TWO FARMERS,SPYING ON THEM.

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           In a new video that was newly published,two men whom confessed that they were spying on Boko Haram,were beheaded after their confessions,and their bodies shown to the camera.The video is called ''Harvest of spies'',was posted yesterday monday,on twitter by Boko Haram.The video starts by showing a man kneeling and being approached by Boko Haram fighters,holding a flag used by the militant Islamist groups.The video then cuts to show two men,identified as Dawould Muhammad and Muhammad Awlu,was arrested by Boko Haram fighters before being made to kneel.One Boko Haram fighter,whose face was blurred by the militant group,stands behind Dawoud Muhammad,holding a large knife.Mr Muhammad tells the camera that his a farmer from Baga,northern Nigeria,and he was made to answer a series of questions at knife point and confessing infront of a camera.Muhammad reveals that he had been approached by a Police officer who offered him money in exchange for infiltrating the Boko H