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Showing posts from April 1, 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

IS BODE GEORGE GOING ON EXILE AFTER BUHARI WON THE PRESIDENTIAL ELECTION?

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                                   Bode George who was the former Deputy National Chaiman of the Peoples Democratic Party {PDP},said to Vangard newspaper that ''What will i be doing here? i can decide to go and live anywhere.Look at everyone surrounding him {Buhari}.So i am not joking about it,what will i be doing here?.At 70,what will i be doing here?.All we have been doing to restructure the country has been lost.We have been trying to ensure balance in the polity but all that,has gone,then what else will i be doing here?.NTA even tweeted that Bode might go on exile now that Buhari won.Read NTA tweet below.                                                                    

READ ORUBEBE'S APOLOGY SPEECH TO NIGERIANS BELOW,AFTER HE ACCUSED JEGA ON NATIONAL TV OF COMPROMISE.

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                                 Godsay Orubebe,who was a former Niger Delta Affairs Minister,challenged the Independent National Electoral Commission {INEC} Chairman Attahiru Jega during the collation of election results in Abuja,accusing Jega of compromise.Orubebe took hold of the micro phone at the centre and sat on the stage while criticizing Jega's handling of the results collation.But last night after it was obvious that Buhari had won,Orubebe said during a 30 minutes press briefing in Abuja that he regretted his action for allowing his emotion to overwhelm him.Orubebe pleaded with Niger Delta youths not to perpetrate violence because of the election of Gen Muhammadu Buhari.''Election is a passionate thing and i really regret what took place during the results collation.I was unnecessarily pushed by Jega to get to that level.I want to apologise particularlyto young Nigerians that took up to take politics as a career to say that what happened was not intended to cause