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Showing posts from February 24, 2016

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 LAST KIM KARDASHIAN REVEALS HER SONS PICTURE+KANYE WEST NEEDS THERAPY.

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                            At last Kim Kardashian shared a very innocent and handsome picture of her son Saint West after almost two month she gave birth to him.But she is now going through a major family crisis,as US weekly is reporting that she is insisting that her husband Kanye West must go for therapy.Kim Kardashhian is so unhappy with her husband Kanye West's Twitter rant where he claimed to be $53m in debt that she has asked him to get professional help.So today US weekly,reported that the 35 year old mother of two has requested Kanye West to get therapy.The magazine source revealed she is very concerned and frustrated and that the couple are having big problems that are escalating'',but People magazine countered that the couple i committed to keeping their marriage going.Kanye West's outburst have been embarrassing.One of his most eyebrow raising remarks was when he asked Facebook Chief Mark zuckerberg to give him money instead of sending it to a charity.And th

THERE WAS BLOODSHED EVERYWHERE,AFTER SOME THUGS RECENTLY CLASHED WITH LADIPO TRADERS IN MUSHIN LAGOS.

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                 According to sources,for the past one week,there has been tension and violence at Odo-Aladura section of Ladipo motor spare pars market following a failed attempt to demolish over 2,000 shops in the market in Mushin,Lagos State.Francas broke out at the market after hundreds of thugs invaded the market with arms and two caterpillars and attacked the traders and attempted to demolish shops there.The traders who were caught unaware fought back the thugs and chased them away after many were injured on both sides.The thugs were allegedly led by a man well known to the traders.During the fracas many traders including the thugs sustained injuries and are in several hospitals in Lagos receiving treatment.One of the injured traders is Anene Otasi who is still lying in critical condition at the University of Lagos Teaching Hospital {Luth},Idi Araba,where doctors are battling to remove pellets from his body following the gun shot wounds he sustained.Since the incident happened,th

LIBERIA'S MINISTER OF NATIONAL DEFENCE,SAID TODAY THAT ''NIGERIAN MILITARY IS EXCEPTIONAL''.Hmm.

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                      According to the Acting Director Defence Information,who said today wednesday that the minister of national Defence of Liberia Honourable Brownie J Samukai Jr has described the Nigerian Armed forces as very professional and outstanding,adding that he would continue to appreciate them for the training support they have been giving to his home country since 2006.The minister made this remark when he visited Nigeria's Chief of the Defence Staff,General Abayomi Gabriel Olonisakin in his office at the Defence Headquarters in Abuja.The minister further stated that Liberia would forever regard Nigeria as a big brother for the role it played in the restoration of peace,democratic governance and security in their country.He said the reorganised military they have is a product of the Nigerian Armed Forces.Samukai Jr who is in the company of his country's Ambassador to Nigeria solicited more support from the Nigerian Armed Forces in the areas of training and vacancie

LASEMA,ADOPTS SURVEILLANCE/ADVOCACY STRATEGIES TO PREVENT DISASTER.

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                  As part of efforts geared towards reducing disaster risks in Lagos State,the Lagos State Emergency Management Agency {LASEMA} has adopted monitoring and surveillance of domestic,industrial aand public facilities into its main activity of disaster management.Speaking with newsmen on the activities of the Surveillance and monitoring Unit of the Agency,LASEMA General Manager,Mr. Michael Akindele,explained that the shift from search and rescue to disaster risk reduction,through emergency prevention,mitigation,early warning and advocacy are new strategies in disaster management.He explained that the new approach is a practical one to reducing emergencies/disasters thereby reducing the huge expenses borne by the State Government on relief assistance to victims of disasters.Akindele stated that the Agency is taking proactive steps to carry out immediate monitoring/inspection of reported distressed and thereafter work in partnership with other government Agencies to prevent d

14 NEW CASES OF ZIKA VIRUS,WAS REPORTED IN THE UNITED STATES TODAY.

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                The U.S Centres for Disease Control and Prevention {CDC} said it was investigating  1 4 new reports of possible sexual transmission of the zika virus in the country.The CDC said in a statement today wednesday in Washington that several of the cases involved pregnant women.It said it has earlier this month published an interim recommendation for protecting people against sexual transmission of the zika virus.The CDC said that in two of the new suspected sexual transmission events,zika virus infection was confirmed in women whose only known risk factor was sexual contact with an ill male partner.The report noted that male partners had recently travelled to an area with local zika virus transmission.The CDC said furher that four additional suspected sexual transmission events,preliminary laboratory evidence was available for the women,but confirmatory tests are pending.''Eight other cases are still under investigation.In all events for which information is availabl

MTN PAYS $250 MILLION FOR THE FINE AND WITHDREW THE LAWSUIT AGAINST NIGERIA COMMUNICATION COMMISSION.

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                                     MTN Group,a South African Telecommunication company based in Nigeria,have decided to withdraw its lawsuit against Nigeria Communications Commission {NCC} over a $3.9 billion fine and paid $250 million towards a possible settlement.MTN,which makes 37 % of its sales in Nigeria,said it would withdraw its court challenge in an effort to reach an amicable settlement and make a ''good faith payment of $250 million towards a possible settlement.Dobek Pater,managing director of Africa Analysis said ''This is a sign that the fine could be reduced much further.There is some sort of negotiation taking place and the parties are migrating towards a common ground''.The original peenalty was based on fining the company $ 1 , 000 for every unregistered SIM card in use.A judge in Lagos last month gave both parties March  1 8 to reach a settlement,after MTN had asked the court to arbitrate over the dispute,saying the Nigerian Communications Co