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Showing posts from November 29, 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

OGUN STATE GOVERNMENT IS SET TO COMMISSION THE 1ST PHASE OF MTR GARDEN CITY IN ISHERI,APRIL 2017.{PHOTOS}.

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                        Ogun State Government has affirmed its readiness to commission the first phase of the MTR Garden City in Isheri area of the State by April 2017.Managing Director of Ogun Property and Investment Corporation,OPIC,Mr. Jide Odusolu,confirmed this while speaking to journalists after the inspection tour of the project by the Ogun State Governor,Senator Ibikunle Amosun,on Monday.''The garden city has a total of six hundred,2 and 3 bedroom housing units but by April,2017,we'll be commissioning the first phase of the project which has One hundred and fifty units,'' the OPIC M.D revealed. Mr Odusolu explained that the project,when completed,would help to address some of the housing challenges been faced by the people.He added that the housing units would be largely occupied by low and middle income earners. In a related development,the Governor's inspection team also visited the New Makun City estate at Sagamu Interchange to monitor the progress

A SUSPICIOUS BOMB PACKAGE MADE POLICE TO SHUT DOWN A BUSY INTERSECTION IN HOLLYWOOD YESTERDAY.{PHOTOS}.

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                 According to sources,yesterday monday morning,a suspicious package dumped on the high way between Hollywood Boulevard and Highland Avenue,made the police to shut down a busy intersection to enable police to investigate the object.Authorities say an LAPD bomb squad responded to the 6800 block of Hollywood Boulevard at 8:40 am.The investigation concluded around 11:30 am,with police saying that the device turned out to be nothing.  One more photo below.

YORUBA MOVIE PRODUCER CONFESSES HE STEALS FOR A LIVING & COVERS UP WITH FILM MAKING.{PHOTOS}.

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                          According to sources,fresh reports have emerged that Toyin Aimakhu's ex-boyfriend,Seun Egbegbe has allegedly confessed to stealing iPhones at Computer Village in Lagos State.US trained journalist,Kemi Olunloyo,disclosed that Egbegbe confessed to the crime,saying he steals for a living but covers up with film-making.On her official Facebook page,Madam KOO,as she is fondly called,sid in an audio voice record that, ''We are learning that Seun Egbegbe,the Nollywood film-maker that was arrested last week for allegedly stealing those iPhones,has now confessed to the crime.''A police source at Kirikiri prison is telling me that he {Egbegbe} actually steals for a living.Egbegbe said he steals for a living and covers it up with movie production.What we are leaning now,though from police is that he has not met the bail met and is still waiting for somebody to help pay N2m bail.Well,Egbegbe is now saying he does stealing for a living.We don't know

PRESS RELEASE: RE-PAYMENT OF ALLOWANCE OF POLICE PERSONNEL WHO PARTICIPATED IN ONDO GOVERNORSHIP ELECTION.

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                 The attention of the Nigeria Police Force has been drawn to a report by one Peter Dada on the online site of Punch Newspaper of 28th November 2016,captioned ''Breaking:Policemen on rampage in Ondo'' protesting non-payment of their last Saturday Governorship election allowance. 2. The Nigeria Police Force wishes to categorically state that the allowances for the officers and men of the Force that participated in the security operations for the election are being paid.The payments were done through the Banks into the accounts numbers submitted by the personnel in compliance with the policy of Federal Government on Treasury Single Account {TSA} to ensure transparency and accountability.The payments commenced few days to the election and most of the personnel confirmed receipt of payment alerts into their accounts before the election. 3. However,those personnel who submitted incomplete accounts details and moribund accounts number have been rectified and

EGYPTIAN FOOTBALL ASSOCIATION,CANCELLED THE PROPOSED JANUARY 2017 FRIENDLY MATCH WITH NIGERIA.

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                 According to sources,following an alleged disagreement with the Nigerian authorities on match expenses,the Egyptian Football Association has cancelled the proposed January 2017 friendly duel with the Super Eagles of Nigeria.The friendly game was scheduled to be played on January 9,2017 in Dubai as Egypt want to use the duel as preparation for the 2017 African Cup of Nations in Gabon.It was stated that the Egyotians FA said they would not be able to bear all the expenses for the friendly encounter with Nigeria,and they have gone ahead to fix another friendly encounter with Tunisia at the same time they are supposed to face Nigeria.Sources claimed that the Nigeria Football Federation {NFF} have demanded that the Egyptian FA should bear all their expenses for the friendly match.Mohammed Sanusi who is the Secretary General of the Nigeria Football Federation {NFF} explained that the NFF has not received any communication on the match from the Egyptians FA.''Well,I h

LAGOS STREET PARTY ON THE 3RD & 4TH: LAGOS DIVERTS TRAFFIC,CHECK HERE FOR THE ALTERNATIVE ROOTS.{PHOTOS}.

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                     Ahead of the planned ''Lagos Street Party'' scheduled to hold on the 3rd and 4th December,2016 the Lagos State Government has announced alternatives routes that can be used by motorists.Speaking at a media briefing on the said event,the Acting Commissioner for Transportation,Mr Anofiu Elegushi said traffic would be diverted at the Bishop Oluwole end of Ahmadu Bello Way at Kuramo fall end.He said those participating at the event will have an opportunity to park at the Eko Atlantic while all other motorists will use alternative routes.He stated also that Tiamiyu Savage,Akin Adesola and Bishop Oluwole will be condoned off and will not empty into Ahmadu Bello Way.The alternative routes available include All traffic into the venue or location will be condoned off at Bishop Oluwole with participants parking at the Eko Atlantic premises.For movement further,motorists are to connect to Karimu Kotun and further to Oloosa Street with that journey terminating