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Showing posts from May 28, 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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READ HOW A NIGERIAN STUDENT WAS RECENTLY HIT WITH A IRON ROD IN SOUTH INDIA.{PHOTO}

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                                                        A 23 year old Nigerian student has been hit with an iron rod in a suspected racist attack in Hydeeabad,south India just days after Africans protested increasing cases of racism targeting blacks in the Asian country.Damilola Kazeem was allegedly hit by a man described as his neighbour following an argument over the use of a parking space in the area.The suspect was subsequently detained.The Indian External Affairs Minister Sushma Swaraj asked local authorities to probe the matter which came on heels of African diplomats cancelling African Day celebrations.The ninstry's spokesperson tweeted ''Reports of a Nigerian student injured in Hyderabad: EAM {External Affairs Ministry } @Sushmaswaraj,has urgently sought report from state govt,is monitoring the case''.Emmanuel Omurunga,chairman of the African Students Association in the state of Telangana,said: ''The situation in India is no longer safe for us.Even t
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NIGERIAN ARMY RECENTLY KILLED 2 BOKO HARAM IN SAMBISA FOREST.{PHOTOS}

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                      Following information of suspected Boko Haram elements crossing point across Maiduguri-Bulsbulin-Damboa road,troops of 81 Battalion and 251 Task Force Battalion,both of 25 Task Force Brigade,staged a deliberate ambush against the terrorists logistics elements on motorcycles and bicycles crossing from Sambisa forest to Alagatno general area around Nyaleri yesterday night.During the operation,the troops killed 2 Boko Haram terrorists,wounded several others and recovered some arms,ammunitions and items.Specifically,they recovered 1 AK-47 Assault rifle,with registration number 27875,1 hand grenade,4 AK-47 magazines loaded with ammunition,assorted food items,sex enhancing drugs,such as Viagra,foot wears and bathroom slippers.Others include 3 motorcycles,5 rechargeable lamps and 5 litres of Kerosene.As well as military uniforms,amongst other things.From all indications,the terrorists attempted to resupply and sell the items to other terrorists hibernating elsewhere afte
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