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Showing posts from December 13, 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

NIGERIAN ELECTRICITY REGULATORY COMMISSION IS SET TO SIGN NEW TARIFFS FOR NIGERIANS THIS WEEK.

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                         These weekend,the Nigerian Electricity Regulatory Commission {NERC} at the weekend said that after duly considering the various individual electricity tarriff submissions of the 11 electricity distribution companies {Disco} in Nigeria's electricity market,the new tariffs  will be ready and signed off for use this week.Though techinical details of the new tariff structure have been finalised by the regulator,NERC said at a workshop in Abuja that a final regulatory meeting would be held in the week to conclude the process and then sign it off.NERC Chairman,Dr Sam Amadi said that the regulator had held meetiings with Discos to finalise on their respective tariff proposals.He said that the commission had gotten feed backs from both government,the Disco and would now conclude the process.''We have gone to the Discos,gotten feedback,gone to government and gotten feedback.We have not finalised.In our view,we have basically done the crunching of numbers.It

HOLLYWOOD ACTRESS EVA LONGORIA ANNOUNCES HER MARRIAGE ENGAGEMENT TODAY WITH HER BOYFRIEND JOSE.

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                                                                     Today sunday,40 years old Eva Longoria took to her instagram to reveal that her 47 year old boyfriend Jose Antonio Baston,proposed  to her while on holiday in Dubai and she is showing off a stunning ruby engagement ring.The picture below that showed  se and her boyfriend kissing she captioned it ''Ummmm so this happened....Engaged..Dubai..Happiness {sic}''.This will be her second marriage if they both make it to the alter.One more photo below                                                                                                                                                        

THE DEATH TOLL FROM FRIDAY CLASH IN BURUNDI,RISES TO 90.

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                Nearly 90 people were killed during Friday's clashes in Burundi capital.Blasts and gunfire echoed around Bujumbura for most of friday and residents said officials spent the day collecting dead bodies sprayed with bullets from the street of the city.Army spokesman Gaspard Baratuza said gunmen had attacked three military sites in Bujumbura,kindling a day of clashes across the city.He said 79 attackers were killed and 45 others captured.Four police officers and four soldiers also died.He said further that Swep operations have finished now and officials confiscated weapons and ammunition.The unrest in Burundi started in April when President Pierre Nkurunziza announced plans for a third term in office.More photos below.                                                                                          

GENERAL TUKUR,ESCAPES ASSASSINATION YESTERDAY IN ZARIA.

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                            It was reported today sunday that yesterday saturday according to Col.Sani Usman,Acting Director,Army Public Relations said that some suspected members of a religious group attempted an attack on the convoy of Chief of Army Staff {COAS},Lt-Gen.Tukur Buratai in Zaria.Unconfirmed report said seven persons lost their lives during the incident caused by an Islamic religious sect.In a statement made available to the NAN in Abuja,he said that the group struck in the afternoon when the COAS went to pay homage to the Emir of Zazzau,Alhaji Shehu Idris.He said that the COAS also went to Zaria to attend the passing out parade of 73 Regular Recruits intake of Nigerian Army Depot,Zaria.He said in the statement that the members of the group,wielding dangerous weapons,obstructed the main road with stones and tyres.He said further that the members threw stones and dangerous objects at the convoy of the COAS,nothing that COAS was not hut.One more photo below.                

A GOVERNMENT OFFICIAL & HIS KIDNAPPERS FROM JOS,DIED IN AN AUTO CRASH ON FRIDAY IN NASSARAWA STATE.

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                   According to sources,Mr Hosea Azi,the Chairman,Management Committee of Jos East Local Government Area of Plateau state,who was sworn into office two days before he died on friday,was forcefully kidnapped by some unknown men last friday night in Hufang along Miango road in the central area of Jos.The kidnappers were heading towards Abuja with the victim after kidnapping him,but within Keffi,Nassarawa state.The car of the kidnappers was involved in a severe crash due to a high speed.The kidnappers must have been on top speed with the fear that the police might be pursuing them.Another source said two of the suspects,who suffered serious injuries in the accident confessed to the crime while receiving treatment in an unnamed hospital.Two other people with the victim inside the car also side.