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Showing posts from October 25, 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

BRAZIL FOOTBALL LEGEND CARLOS ALBERTO,PASSED AWAY AT THE AGE OF 72.{PHOTOS}.

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                               Brazil football legend,captain Carlos Alberto died today at the age of 72.He died after suffering a heart attack in Rio de Janeiro.A Santo statement which read ''He played 445 matches and scored 40 goals from 1965-1975,and is considered the  best right-back in the history of Praiano Alvinegro''.The club also announced a mourning period of three days.May his soul rest in peace Amen.More photos below.

PASTOR ADEBOYE URGES FG TO EMULATE GOVERNOR OBIANO'S DIVERSIFICATION PROGRAMME.{READ}.

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                  The General Overseer of the Redeemed Christian Church of God {RCCG},Pastor Enoch Adejare Adeboye has called on President Muhammadu Buhari to fulfill his economic promises to Nigerians.Adeboye said this while addressing a group of businessmen and women at the RCCG Headquarters,Ebute-Metta,Lagos.Speaking through his Assistant Overseer on Administration and Personnel,Pastor Johnson Odesola,Adeboye advised the government to borrow a leaf frm the Governr of Anambra State,Chief Willlie Obiano,who has been injecting funds into the state for rice production and other programmes that could turn things around for the state.He noted that agriculture was the main focus of the government before crude oil was discovered.According to him,people should go back to agriculture,while governments at all levels should also encourage people to engage in small-scale farming.He enjoined businessmen to conduct their affairs with the fear of God and also remember to always give God what belong

IGP TAKES ANTI-CORRUPTION WAR TO THE DOORSTEPS OF CIVIL,PUBLIC SERVANTS.{PHOTO}.

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                                                                   The months ahead,will definitely be rough for civil and public servants who have corrupt tendencies at both the federal,state and local government levels.This is even as the Inspector General of Police {IGP},Ibrahim Idris,has merged the X-Squad unit with the Complaint Respond Unit {CRU} of the force and em-powered them to search for,and get corrupt civil and public servants arrested.It would be recalled that the IGP during his inaugural speech did not hide his deep hate for corruption.He therefore vowed to put the necessary machineries in place to get both the men and officers of the Force and public/civil servants who are corrupt arrested and ensure they are dealt with in accordance with the law.The merging of the X-Squad and the CRU is the first step in that direction.Speaking in an exclusive interview with the AUTHORITY in Abuja,the Officer in Charge of the CRU,Abayomi Shogunle,an Assistant Commissioner of Police {AC

A MAN WAS CAUGHT STEALING CABLES IN OBA ANAMBRA & HE WAS STRIPPED AND BEATEN BY ANGRY MOB.{PHOTOS}.

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                         According to sources,this man above covered looking like a statue was caught stealing Electrical Cables and wiring and he was beaten to a pulp by some angry residents in the Oba Area of Anambra State.Sources wrote ''This guy was caught stealing cables used for wiring our house last night in Oba in Anambra state.He was caught by the Hausa security man on guard,and beaten to a pulp by the whole community.I had to rush and call the police as I noticed they were about setting him ablaze''.More photos below.

EFCC ARRAIGNS SUSPECTED FRAUDSTER TODAY FOR N6.9M.{PHOTO}.

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                 The Economic and Financial Crimes Commission today tuesday October 25,2016,arraigned one Olurotimi David and his company Davchel Nigeria Limited before Hon. Justice E. Esan of the Oyo State High Court sitting in Ibadan,on a 2-count charge bordering on obtaining money by false pretence and issuance of dishonoured cheque.David pleaded not guilty to the charges preferred against him.David allegedly obtained the sum of 6,971,020.00 {Six Million,Nine Hundred and Seventy One Thousand Naira} from one Ishola Gbenga,Generl Manager of Ennydaras Company Limited through a phony contract to supply 155 metric tonnes of soya bean to his warehouse at Ota,Idi-Iroko Road Ota,Ogun State.He thereafter signed a memorandum of understanding to pay the said sum with a cheque which he issued but was returned unpaid upon presentation for payment in the bank.