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Showing posts from April 19, 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
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WE BOUGHT 36 JEEPS FOR N36.5 MILLION EACH NOT 108 CARS-SENATE.

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                          Today tuesday,the Nigerian Senate said that they bought 36 Land Cruiser VXR V8 jeeps at N36.5 million each for its members.The upper chamber also said no member has taken the car loan granted them at the inception of the Eight Senate.The 36 cars at the rate of N36.5 million each give about N1.314 billion.Chairman,Senate Services,Senator Ibrahim Abdullahi Gobir,who handled the controversial car purchase deal,gave the explanation in Abuja.He said contrary to reports making the rounds that the Senate bought 108 cars for its me,bers,only 36 cars were purchased by the upper chamber.The Sokoto East Senator told reporters that the explanation became necessary because of the need for Nigerians to understand what transpired and for the Senate to clear the erroneous impression created in the minds of most Nigerians about the car purchase.He described the 36 vehicles as ''utility cars'' distributed on one per state basis.Senator Gobir explained that the S
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KENYA UNDER-20,DISQUALIFIED FROM CUP OF NATIONS QUALIFIERS.

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                The national Under-20 football team has been disqualified from the African Cup of Nations qualifiers after Sudan successfully lodged a complaint that Kenya fielded ineligible during the first leg of the preliminary round away in Khartoum.Sudan complained that Kenya fielded five players who were in 1996 contrary to CAF rule that allows only players born on or after January 1997 to compete.The letter read ''Decision of th CAF U20 Organizing Committe on the protest made by Sudan FA on the ineligibility of Players during Match 11 Sudan vs Kenya played in Khartoun on April 3rd 2016 CAF U-20 AFCON Qualifiers Zambia 2017.Consequently,the U20 Kenyan National team is disqualified from the preliminaries of the AFCON U20 Zambia 2017 and the U20 Sudan National team is qualified to the next round''.Sudan FA's head of national team Oussama Ata Elmanaan told Capital Sport from Khartoum that ''We have received communication from CAF that Kenya has been disqu
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A CHINESE MAN SPOTTED LAST WEEK,SHOPPING IN A JEWELLERY SHOP WITH 8 FEMALE ROBOTS.

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                      With time,men might not need women any longer as  rich Chinese man goes jewellery shopping,escorted by eight robots.A rich man has found a new way to show off his wealth.In case people around him were having doubts about the size of his wallet,the man went shopping at a jewellery shop in Guangzhou city of Guangdong Province last week,escorted by eight robots servants.The Chinese themselves were shocked by the latest ostentatious display of wealth.They called the man ''Tuhao'',a Chinese slang to describe a man who got rich overnight nut has no taste.Robots are being applied in more and more areas in China.The first robot restaurant was reportedly opened in Guiyang city,Guizhou Province on Monday.These waiters are proving very popular with customers,but robots may have greater ambitions than waiting tables.Last friday,China University of Science and Technology released a human like robot that is comparable to Japanese models seen in the past.Not only
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FRSC,DEBUNK SOCIAL MEDIA REPORTS OF FEDERAL HIGH COURT NULLIFYING ITS POWERS.

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                     The Federal Road Safety Commission {FRSC} yesterday monday has refuted social media reports that a Federal High Court in Lagos has nullified its powers to issue fines,tickets and impound offender vehicles.Speaking to the Press in Abuja,Mr Bisi Kazeem,the commission's Public Relations Officer,said FRSC was aware of the post on social media questioning it's powers to punish traffic offenders.He said ''The truth is that there is no recent judgement of the FHC Lagos on the Tope Alabi case as is being circulated.What happened was that one Bar Tope Alabi challenged the powers of the FRSC to arrest him and impound his vehicle and make him pay fines for offences alleged.The FHC presided over by Justice Tsoho held that FRSC had no such powers.This was in Sept,2014.However,in a case on all fours with the Tope Alabi case earlier in March,same year,2014,same Justice Tsoho in the case of Bren Williams & Anor vFRSC,held that FRSC had staturory powers to issue
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I HAVE NO INTENTION OF BANNING EVANGELISM IN KADUNA STATE-EL-RUFAI.

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                    Today tuesday,Kaduna state governor,Nasir El-Rufai said that the preaching bill he sent to State Assembly has no intention of banning evangelism in the state but only to curb emerging religious extremism.Speaking on the intention of government at a religious bill roundtable organised by non-governmental organisation,Carefronting Nigeria in Kaduna,Governor Nasir El-Rufai who was represented by his spokesman,Samuel Aruwan,posited that security of lives and property formed the basis of government's intention.According to him,the government appreciates the reservations and contributions of religious leaders and other critical stakeholders who have made their genuine positions,adding that some people have started politicizing the good intention of government to restore peace in Kaduna.He said,in the bill Christian Association of Nigeria {CAN} and Jama'atu Nasir Islam {JNI} if passed will have a framework where some strange ideological beliefs that are not in tand
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