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Showing posts from September 4, 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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LASTMA GENERAL MANAGER EDU,SACKED TODAY & REPLACED IMMEDIATELY BY AMBODE.

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                 The sack of Babatunde Edu the General Manager of the Lagos State Traffic Management Authority,LASTMA,a day after the Governor directed LASTMA to release all seize vehicles in their various yards in the state back to their owners.Such vehicles would however be released after proper documentation have been done by their owners.The Permanent Secretary in the state Ministry of Transportation Oluseyi Whenu urged residents to reciprocate government's gesture by obeying all traffic laws and regulations.He said this was in a bid to ensure free flow of traffic by officials of the State Traffic Management Authority by employing the system of booking traffic offenders,rather than impounding their vehicles which is fraught with a lot of inconveniences.According to another source,after the approval by the governor for Babatunde Edu sack today he was immediately replaced by Bashir Braimoh.
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ABOUT 40 MIGRANTS INCLUDING SOME NIGERIANS,DROWNED IN THE SEA OFF LIBYA.

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                             According to an emailed statement to day friday by the International Organization for Migration Spokesman Flavio di Giacomo said about 30-40 people drowned in the Mediterranean after a dingy carrying 120-140 Somalis,Sudanese and Nigerians deflated,causing panic on board.The migrants had sailed from Mistrata in Libya,but after 6-7 hours their boat began to deflate and some people fell into the water.There were 91 survivors.
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FETUS KEYAMO,WANTS THE BUHARI GOVERNMENT TO PROBE THE KEROSENE AVIATION FUEL SCANDAL.

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                                                                Today friday the 3rd of September 2015,Barriste Festus Keyamo demanded an immediate probe of the allegation that household kerosene was distributed as aviation fuel by some oil marketers with a consequential danger to human lives.Festus Keyamo said to the press that ''On thursday,September 3,2015,the media was awash with a scary story of how some unscrupulous oil marketers now sell household kerosene as aviation fuel all in a bid to make astronomical and criminal profit at the expense of thousands of human life.This expose,if found to be true,can best be described as the height of man's inhumanity to man.The reports also have it that the said kerosene is sold by the PPMC at the ex-depot and regulated price of N40.90 per litre with the objective of reselling to the average Nigerians at the pump price of N50.00 per litre.However,given the fact that the said HHK share some physical and chemical properties with Jet
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NIGERIAN UNION OF JOURNALIST,PLANS TO DISRUPT THISDAY EVENT TOMORROW FOR NON PAYMENT OF SALARIES.

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                 In a statement by the National President of Nigerian Union of Journalists {NUJ},Waheed Odusile said today friday in Lagos that the publisher of Thisday,Mr Nduka Obaigbena,had been notified,and that if the management failed to effect the payment of their outstanding salaries by 2pm today friday September 4,2015,the union would disrupt the organisation's 20th anniversary celebration.According to NAN's report,the anniversary celebration is scheduled to hold on saturday,September 5,at the Eko Hotels and Suites,Victoria Island,Lagos.The statement said that the letter sent to Obaigbenna on wednesday,noted that the action would take place with the full backing of the Nigeria Labour Congress.''There is no going back on the disruption of the company's 20th anniversary celebration except the flamboyant publisher pays his workers by 2pm on friday''.
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