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Showing posts from October 8, 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

SEE HOW THIS SUV,RAN INTO A SHOP TODAY AT IJEDE.

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                                                    I just got a report that one SUV at Ijede this morning,lost control of the steering wheel and ran into a shop.Luckily no one was hurt because there was nobody inside of the shop apart from some goods,when the SUV lost control.My concern is the person that is driving the SUV,i hope he or she is ok?,because instead of people to check inside the SUV,i am seeing that people are more interested in snapping pictures with their phones.More updates later.More photos below.                                                                                                                                                   

GLO DASHED PSQUARE A 2015 G-WAGON AND A 2015 RANGE ROVER.{PHOTOS}.

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              I am so happy for the two brothers Peter and Paul Okoye a.k.a ''Psquare'',who took to their social media pages few hours ago to display the surprise gift,that was gifted to them by Nigerian leading telecommunication company Glo.In the picture above,they captioned it ''And after our U.S tour,and these thanks to @globacomlimited...6 years in a row blessings upon blessings''.The second picture below,they captioned it ''Only God made it possible @globalcomlimited''.Then the third picture below they captioned it ''God bless @globalcomlimited thanx for the gift #rangerover 2015''.The fourth picture,they captioned it ''The best way to end the year''.More photos below.                                                   

2 PEOPLE WERE ARRAIGNED BY THE EFCC FOR N156 MILLION FRAUD,IN OYO STATE.

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                           Today the 8th of October 2015,The Economic and Financial Crimes Commission {EFCC},arraigned Adebola Adeseye Idowu and Isiah Kayode Ajisafe before a Oyo state High Court on 16 count charge bordering on conspiracy,stealing,abuse of office,and contract inflation.The accused persons are alleged to have connived and used their positions as Executive Director and Chief Accountant,respectively,to defraud their former employer,National Horticultural Research Institute,NIHORT,of various sums of money amounting to N156 million.The money was allegedly stolen by siphoning staff arrears during the implementation of 15 percent increments on consolidated emoluments and illegal deductions of 7.5% as pension fund.The accused persons were said to have pocketed N70,000,000 purported to be meal subsidy.Also the accused persons are alleged to have approved contracts beyond their limit of N50,000,000 by splitting the contract valued at N123,526,941.10 into three parts.Further inve

MOHAMED FAHMY,EX-AL-JAZEERA JOURNALIST THAT WAS PUT BEHIND BARS IN EGYPT,IS NOW FREE.

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                          Mohamed Fahmy was arrested in December 2013 with two other Al-Jazeera English colleagues Peter Greste and Baher Mohamed and sentenced to three years in prison for airing what a court described as ''False news'' and coverage biased in favour of the now banned Muslim Brotherhood.Fahmy left Cairo on tuesday for the first time since his arrest in 2013,after his name was removed from a no-fly list.He is expected to travel to Canada,where he will teach journalism at the University of British Columbia.Speaking alongside his lawyer ,Mohamed Fahmy said he owes a lot to the international community.He stayed behind bars in Egypt for more than a year.More photos below.