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Showing posts from September 21, 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

AT LEAST 5 PEOPLE DIED,AFTER A CAR BOMB EXPLODED IN SOMALIA TODAY.

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             Today monday,the police in Somalia's capital Mogadishu said at least five people were killed when a car bomb exploded close to the presidential palace.There was no immediate claim of responsibility from the Islamist militant group al Shabaab,the group that have been trying to overthrow President Hassan Sheikh Mohamud's Western backed government.The group stepped up attacks this month,retaking a town in the central region and attacking African Union troops.

54 DEAD,AFTER 3 BOMBS EXPLODED YESTERDAY IN MAIDUGURI.

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                   According to a police spokesperson Victor Isuku in Maiduguri,said today monday that late yesterday sunday evening''A suspected Boko Haram suicide bomber detonated IEDs {Improvised explosive devices} at a mosque in Ajilari and some insurgents also threw IEDs at a viewing center.Total casualty figure is now 54''.A Nigerian army spokesman also confirmed the attacks saying ''On sunday three bombs had gone off''.I am just praying for the day all these bombings will stop.Actually 54 people died and 90 people were confirmed wounded.

MAGGI INSTANT NOODLES,PRODUCED BY NESTLES INDIA SHOULD NOT BE CONSUMED-NAFDAC.

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                      The National Agency for Food and Drug Administration and Control {NAFDAC} has warned of some Maggi noodles produced by Nestle India.NAFDAC said these noodles contained excess lead and were therefore deemed unsafe and hazardous for human consumption.''Nestle has recalled its Maggi instannt noodles from stores across India following the report by the Indian Food Safety Regulators of probable lead contamination.Lead exposure causes an estimated 143,000 deaths a year worldwide.In view of the potential safety concerns on consumption of the lead contaminated Maggi instant noodles.NAFDAC warns that Maggi instant noodles produced by Nestle India should not be consumed.Department stores,wholesalers and retailers should also be proactive in ensuring that such products are brought to NAFDAC if they come across any,and under no circumstances should such products be sold''.

F.H.C IN ABUJA,REJECTS SENATOR SARAKI'S PRAYERS TO STOP HIS ARREST.

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                          Today monday,it was reported that Justice Ahmed Mohammed of the Federal High Court in Abujs,has rejected the prayers by Senator Bukola Saraki to stop his arrest as ordered by the Code of Conduct Tribunal.The tribunal today ordered the Inspector General of Police to arrest and produce Senator Saraki in court tomorrow tuesday by 10:00am.Last week thursday,Justice Mohammed had given an order summoning the officials of Code of Conduct Bureau and Code of Conduct Tribunal to his court today,an order interpreted by Saraki's legal team as meaning the stoppage of the planned trial at the tribunal.But the tribunal said the interpretation was of no effect as it enjoys concurrent powers with the Federal High Court.Barrister A.O Adelodun argued Saraki's case,while Taiwo Abidogun stood in for the defendants.The latter told the court that it lacks the power to make the order being requested by Team Saraki.Justice Mohammed declined to rule on all the issues raised and

MILITARY HEADS IN BURNA FASO,PLANS TO DISARM COUP LEADERS TODAY.

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                   Today monday,military heads in Burkina Faso said that the West African nation's armed forces were converging in the capital Ouagadougou to disarm the elite presidential guard without bloodshed.The 1,200 memer unit staged a coup on Wednesday,taking hostage the interim president and members of the government just weeks before October 11 polls meant to restore democracy following last year's overthrow of longtime leader Blaise Compaore.''We ask them to immediately lay down their arms and go to Camp Sangoule Lamizana.They and their families will be protected''.Mediators from regional bloc ECOWAS  announced a draft agreement aimed at ending the crisis late yesterday sunday night.However the proposal,which included an amnesty for the coup leaders,was swiftly rejected by civil society and opposition politicians.Demonstrators protesting against coup leader General Gilbert Diendere and ECOWAS deal yesterday sunday,erected barricades and burned tyres in