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Showing posts from April 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

8 FISHERMEN,WERE RESCUED FROM A COMPANY GRAVEYARD CAGE IN INDONESIA.

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                  8 fishermen were locked in a company graveyard cage in Benjina.The fishermen after they were discovered by security agency in Thailand said to the police that they were beaten,kicked and whipped with stingray tails and given Taser like electric shocks.Some people said they fell ill and were not given medicine others said they had been promised jobs in Thailand but were instead issued fake seafarer documents and taken to Indonesia,where they were made to work 20 to 22 hours days with no time off for little or Zero pay.Their catch is then shipped back to Thailand,where it enters global markets.This is modern day slavery.One more photo below.                                                                                                                         

INEC COMMISSIONER IN KANO STATE,AND HIS FAMILY,DIED IN A FIRE YESTERDAY THURSDAY.

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                 According to sources,the commissioner of the Independent National Electoral Commission INEC in Kano state Alhaji Abudullah Minkaila died along with his wife and two daughters at a Kano hospital after suffering severe burns from a mysterious fire that gutted his residence at the farm centre axis,within Kano metropolis yesterday thursday night.Kano Police Commands Public Relations Officer ASP Magaji Musa Majia said ''It is really very tragic and the cause of the fire is yet to be ascertained.They were suffocated to death {Mr Abdullahi,his wife and his two daughter}.No one can tell for now what really happened,but we have launched full investigation into the matter.A i am speaking with you,i am right here in the hospital with the Commissioner of Police,and we will keep you informed as we begin to unravel the mystery behind this tragic accident''.