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Showing posts from September 3, 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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SENATOR GANIYU UNVEILED THE BOOK ''AMBODE:GAINS OF ALL INCLUSIVE GOVERNMENT'',YESTERDAY.{PHOTOS}.

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                The Deputy Governor of Lagos State, Dr. Idiat Oluranti Adebule has stated that for any government to enjoy acceptability,effective and prompt information must be made available to the people.Adebule made the assertion during the annual lecture and book launch of the Nigerian Union of Journalists {NUJ},Lagos Information Chapel with the theme ''All Inclusive Government: Lagos State in Perspective''.The Deputy Governor,who was represented by the Tutor General/Permanent Secretary,Education District 1,Dr. Yinka Ayandele,therefore commended information managers in the State for their professionalism in ensuring accurate dissemination of the policies and programmes of the government to the citizenry.She reiterated the current administration's commitment to improviing the welfare of the residents through infrastructure provision andd renewal and urged the information managers to maintain the practice of reporting government activities promptly.In his remarks
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ACCOUNTABILITY IS KEY TO NORTH EAST DEVELOPMENT PLAN.-SARAKI.

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                    President of the Senate,Dr. Abubakar Bukola Saraki,yesterday friday stated that accountability and oversight must be necessary components in the nation's efforts to rehabilitate the insurgency-ravaged North Eas zone.Saraki's statement was in response to the conclusion of the four-day visit by the United Nations Special Rapporteur on human rights of internally displaced persons {IDPS}, Dr. Chaloka Beyani.The Senate President indicated that he was encouraged to learn that the international community is beginning to pay more attention to suffering in the North East.''We are hopeful about the increasing international attention being shown toward the North Eat.On our part,we need to make sure that our accountability mechanisms generate confidence in our ability to absorb and monitor the delivery of aid material and resource'',he stated. The Senate President added that Nigeria was heading in the right direction in tackling the North East's hum
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CSOs,NGOs AND MEDIA VISIT EFCC'S DETENTION FACILITIES.{PHOTO}.

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                   The EFCC,on thursday,September 1,opened its doors to journalists,Civil Society Organisations and members of the public.The purpose of the visit was to demonstrate the Commission's commitment to transparency and accountability through a guided tour of its detention facilities by the Deputy Director of Operations,Lagos Zonal Office,Mr Iliyasu Kwarbai.Speaking durng the tour,Kwarbai welcomed the  CSOs and media representatives and assured them that the EFCC is guided by its core values; integrity being chief of them.''We are a group of professionals.We analyze petitions,gather facts and give people fair hearing.We carry out preliminary investigation before inviting anyone.The accused person is invited last''.More photos below.
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