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Showing posts from March 13, 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 GOODLUCK'S OFFICE,WROTE A LETTER TO EFCC,TO SECRETLY INVESTIGATE 20 PEOPLE INCLUDING APC LEADERS.

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                             In a leaked letter,circulating on everywhere dated February 19,President Jonathan through his Chief of staff,Brigadier General Jones Oladehinde Arogbofa {RTD},told EFCC to investigate 20 persons including All Progressives Congress leaders like former Lagos state governor,Bola Tinubu,former Vice President of Nigeria,Atiku Abubaka and Governor Rotimi Amaechi of Rivers state.The letter reads ''I have been directed by the C in C to instruct your Agency to clandestinely investigate the personal and official finances of the following present and former governor functionaries and report back by 16th of March''.''THE PRESIDENCY:OFFICE OF THE CHIEF OF STAFF''.The names of other people,are contained in the letter below.                                          
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THE POLICE COMMISSIONER IN OYO STATE MUSA,AND HIS TEAM,RESCUED THE FOUNDER OF BOND GROUP OF COMPANIES,CHIEF OMOTOSHO.

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                     According to the Nigerian police,on tuesday the police rescued the Executive Chairman and founder of Bond Group of companies,Chief Adebowale Omotosho,from kidnappers hideout at Ajia village,Egbeda Local Government Area of Oyo State.Seven suspected members of the kidnap gang were arrested by the police.Their names are 32 years old Bisi Babatunda,who is said to be on the wanted list pf the police in Rivers state.28 years old Laide Shittu,40 year old Ajayi Olaniyi,23 year old Isiaka Kazeem,Alabi Olufemi,Oladipupo Abayomi and Ayobami Musa.The eight suspect,whose name was simply given as lucky,is currently at large.Also recovered were two AK 47 rifles,three imported pump action guns,three locally made pistol,Ak 47 magazines,as well as unspecified number of AK 47 ammunition and live cartridges.Chief Omotosho,a 78 year old man ,was abducted by suspected kidnappers from his residence at Gaa area of Awe,Oyo state,on wednesday March 4 2015 at about 7:30pm,with a sum of $1mil
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