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Showing posts from March 24, 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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PHOTOS FROM THE CRASH SITE OF GERMANWINGS PLANE CRASH.

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                      Images from the first rescue helicopters to reach the crash site showed wreckage scattered across hundreds of metres of mountainside,with some debris looking like a size of a car.According to todays report,the Germanwings flight 4 U 9525 were shroud in mystery today after air traffi controllers claimed they received no SOS,despite the jet nosediving 32,000ft in just eight minutes.All 144 passengers and six crew were today presumed dead after the Airbus A320 crashed in a remote region of the French Alps enroute from Spain to Germany.Two babies were among 45 Spanish on board and 16 children from the same school on an exchange trip were among some 100 Germans also feared to have died.Earlier reports quoted aviation sources in France as saying the pilots issued a mayday distress signal and requested an emergency descent minutes before it hit the ground.However,civil aviation authorities later denied that air traffic controllers received any such call.A spokesman for t
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INEC WILL TOMORROW,BRING OUT BALLOT PAPERS FOR SATURDAY POLLS,FROM ALL CBN VAULTS.

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                According to the Chief Press Secretary to the Independent National Electoral Commission {INEC} Chairman,Mr Kayode Idowu said ''On Wednesday {tomorrow},ballot papers for this saturday's Presidential and National Assembly Elections will be moved from the Central Bank Vaults.All the non sentitive materials have been distributed while the ballot papers have been kept in the vaults of the CBN branches across the country.The Ballot papers for the different positions and locations had been customised in such a way that it would be difficult to be faked by anybody''.The Chairman of  INEC,Prof Attahiru Jega has also revealed that about 56.7 million voter cards had been collected.In a stakeholders meeting hosted by Jega on tuesday,Prof Jega said that the card collected represented about 82% of the registered electorate by the close of distribution ahead of the March 28 election.
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