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Showing posts from October 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

PRINCE HARRY HELPED PARKED A MALE ELEPHANT WHO REFUSED TO LIE DOWN AFTER DARTED WITH TRANQUILLISER IN SOUTH AFRICA.{PHOTOS}.

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                     Prince Harry helped African Parks with one of the largest elephant translocations in conservation history and has written captions as part of a photo series,which includes a picture he took personally.Prince Harry said : ''A few of us trying to 'tip an elephant'.This young male was fighting the sedative drug and was headed towards the tree,which would have made it very difficult for us to get him on the truck.All directions were taken from Kester Vickery from Conservation Solutions and Andre Uys,the vet.This big bull {male} elephant refused to lie down after it had been darted with tranquilliser.After about seven minutes the drug began to take effect and the elephant became semi-comatose,but it continued to shuffle for a while!.They have a tendency to hone in on forests,rivers and people when in this state.Here we are trying to slow him down!''.More photos below.

2.6BN BADAGRY DEEP SEA PORT WILL BE A TURNING POINT FOR ECONOMIC GROWTH-AMBODE.{PHOTO}.

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             Lagos State Governor,Mr Akinwunmi Ambode yesterday thursday expressed optimism that the $2.6bn Badagry Deep Sea Port Project would be a major turning point that would go a long way to bring about global growth to Nigerian waters and by extension the nation's economy.The Governor,who spoke shortly after another successful meeting with the executive management of APM Terminals {Maersk Group}, represented by Mr Morten Engelstoft,CEO designate of APM Terminals {Maersk Group},represented by Mr. Morten Engelstoft,CEO designate of APM Terminals in Copenhagen,Denmark,on the advancement of the Badagry Deep Sea Port,said the project would also complement the emergence of Lagos as the fifth largest economy in Africa.He said the meeting,held alonside Chairman,APM Terminal,Apapa,Chief Ernest Shonekan,was the culmination of process which begun as far back as 2012 and which has been taken on with renewed vigour by his administration and has thus resulted in this significant foreign

N5.6M ADMISSION SCAM: WOMAN BAGS 90 YEARS IMPRISONMENT IN ENUGU.{PHOTOS}.

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                     The Economic and Financial Crimes Commission EFCC,yesterday thursday October 27,2016,secured the conviction of one Mrs Chika Amsy Charlse,who was convicted by Justic D.V Agishir of the Federal High Court sitting in Enugu,and sentenced to three years imprisonment on each of the thirty count charge preferred against her by the Commission.The sentence which was to run concurrently from the date of her conviction,was without an option of a fine.The Convict was found guilty of swindling three innocent young Nigerians up to the tune of N5,620,000.00 {Five million,Six Hundred and Twenty Thousand Naira only} under the guise of helping them secure admission into Enugu State University of Science and Technology ESUTH,through her unresistered NGO called 'Bold and Dynamic Gender Initiative'.But Chika ran out of luck in 2007 when one of her victims whom she defrauded petitioned the EFCC,on her fraudulent activities.One of the Counts on which she was convicted and senten

ITALY GRANTS 3 MILLION EURO TO PALESTINIANS.

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                 According to their foreign ministry that said Italy is donating 3 million euro for emergency action in Palestine to support and enhance basic services to the most densely populated areas.''This funding is provided by the General Directorate for Cooperation and Development,associated with the Italian foreign ministry.The funding will be focused in East Jerusalem and the Gaza Strip.The grant also aims to support initiatives to face the cold season,improving access to safe drinking water,reconstruct roads and power grids,and the distribution of water for agricultural use.This will be carried out by various Italian civil society organisations currently active in the concerned areas''.The grant will be directed to fund measures to ensure decent living conditions for refugees,including those at risk of being forced to move from their homes,as it will provide them with housing solution,the ministry explained.

BAN ON BURIALS IN BENIN IS STILL IN FORCE-BENIN TRADITIONAL COUNCIL.

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                 According to sources,the Benin Traditional Council {BTC} yesterday thursday re-affirmed the earlier ban placed on burial ceremonies during the coronation activities of the new Oba of Benin,Omo N Oba N' Edo,Uku Akpolokpolo,Oba Ewuare.''The attention of the Benin Traditional Council has been drawn to an unauthorised press release issued by the Coronation planning Committee as it relates to burial ceremonies within the period of the coronation activities.For the avoidance of doubt,the Benin Traditional Council hereby use this medium to inform the general public that the post coronation ceremonies of His Royal Majesty,Omo N' Oba N' Edo ,Uku Akpolokpolo,Oba Ewuara 11,Oba of Benin ,is still on-going till December ending {31st December,2016} with Ekasa Dance,except the Oba directs it should end earlier.Consequently,prohibition of funeral activities is still in place,during the period of Ekasa performance.This information supersedes the earlier press statem