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Showing posts from March 10, 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
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PRESIDENT JONATHAN SACKS GEN.AGWAI,AS CHAIRMAN OF FEDERAL GOVERNMENT SUBSIDY RE-INVESTMENT AND EMPOWERMENT PROGRAM.

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                According to sources,President Goodluck Jonathan today tuesday,sacked Martin Luther Agwai,a retired General and former Chief of army staff,as Chairman of the Federal Government's Subsidy Reinvestment and Empowermemt Program {SURE-P}.Reuben Abati,the Special Adviser to president  on media and publicity,who made the announcement in a state did not give reasons for the removal of Agwai from office.He however said the president has approved the appointment of Ishaya Dare Akau,a former chairman of Kaduna state Universal Education Board and National Assembly Commission as the now Chairman of SURE-P.
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CHIBOK COMMUNITY IN BORNO STATE,REJECTS F.G OFFER TO REBUILD THEIR SCHOOL.

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              According to the Caretaker Chairman of the Chibok Council Area,Mallan Ba'ana Lawan,accused government of several broken promises regarding the rescue of the girls,since their abduction  in April.''It is disheartening to inform you that since  the abduction of these girls,the Federal Government did not bother to send delegations to Chibok to sympathize with the parents,instead the parents were invited to Abuja and conveyed in cargo military plane with no comfort what so ever.We still observed that recently,President Gooluck Jonathan visited Mubi and Baga,but failed to visit Chibok to sympathize with our people.We also observed that the President and Chief of Defence Staff,Air Vice Marshall Alex Badeh had severally promised that these girls will soon be released,but it is now more than 300 days,and nothing of such happened.We thank God and appreciate Governor Kashim Shettima and his wife,Nana Kashim Shettima who did not only visit Chibok when the incident took p
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