Posts

Showing posts from January 27, 2017

INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

-
Image
  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
Post a Comment
Read more

SENATE WILL FAST-TRACK DIASPORA COMMISSION BILL-SARAKI.

-
Image
                     Senate President,Dr Abubakar Bukola Saraki has pledged that the Nigerians in Diaspora Commission Bill currently before the National Assembly would be given accelerated passage to enable Nigerians living outside the country the opportunity to participate in events within the country. The Nigerians in Diaspora Bill when passed would facilitate the establishment of the Diaspora Bond for the in-flow of Foreign Direct Investments {FDI} into Nigeria among other benefits. The Senate President spoke yesterday when he received a delegation of Nigerians in the Diaspora led by its Worldwide Coordinator,Dr Camillius Konkwo,at the National Assembly. According to a statement by the Special Assistant to the Senate President on Print Media,Chuks Okocha,Dr Saraki assured that the Nigerians in Diaspora Bill would be passed as soon as possible,'' though the Senate has suspended its plenary session to February 21 to enable the quick passage of the 2017 budget,your April 201
Post a Comment
Read more

BRITISH PRIME MINISTER ''MAY'' VISITED DONALD TRUMP AT THE WHITE HOUSE TODAY.{PHOTOS}.

-
Image
                   According to source,British Prime Minister Theresa May visited President Donald Trump at the White House today to strengthening of the US-UK ties,trade and foreign affairs are likely to be high on the agenda.Although according to BBC,who reported few minutes ago that the UK cannot begin to negotiate trade deals until it leaves the EU,Mr Trump has said he wants a ''quick'' deal after that.Chancellor Philip Hammond stressed the UK would abide by EU rules on trade talks,when he arrived in Brussels for talks on friday.''Of course we want to strengthen our trade ties with the very many partners we have around the world but we are very mindful of our obligations under the treaty and we will follow them precisely,'' he said.Mrs May laid a wreath at the Tomb of the unknowns at Arligton National Cemetery ahead of her talks with President Trump.More photos below.
Post a Comment
Read more

POLICE ARRAIGNS THE 4 SUSPECTS WHO KIDNAPPED FOR RANSOM 5 TURKISH SCHOOL CHILDREN IN OGUN STATE.{PHOTOS}.

-
Image
                                       PRESS RELEASE: Arrest of notorious kidnappers who were members of the kidnap for ransom gang responsible for the kidnap of five {5} Turkish School children and three {3} members of Staff and recovery of one million two hundred thousand Naira ransom money . Suspects: i.Bekewei Agbojule,aka ''Prince Yellow,'' 29 yrs ii. Are Philip Joel Kakadu,aka ''General Kakadu,'' a militant leader. iii. Romeo Council,aka ''Raw'' iv. Totki Okoda 34 years: Resides in the creeks behind the School at the Ijaw fishermen settlememt {He provided information for the gang about the schhol and the victims}. Exhibit i. One Million Two Hundred Thousand Naira cash {N1,200,000} The IGP's Intelligence Response Team {IRT},working in synergy with the Tactical Intelligence Unit {TIU} of the Nigeria Police Force in a joint operation supervised by AIG Kayode Aderanti,AIG Zone 2,Lagos successfully smashed a notorious kidnap
Post a Comment
Read more

A WOMAN WAS ARRAIGNED YESTERDAY FOR ISSUING A DUD CHEQUE.{PHOTOS NEWS}.

-
Image
                             The picture above was taken by the EFCC and it belongs to Mrs Koroworola Akani who was arraigned in Lagos High Court Ikeja for Issuance of Dud cheque.Hmmm.One more photo below.
Post a Comment
Read more

EFCC SECURED 187 CONVICTIONS IN THE LAST ONE YEAR-MAGU.

-
Image
                    The Acting Chairman of the Economic and Financial Crimes Commission,EFCC,Ibrahim Magu yesterday thuesday ,stated that the Commission has secured over 187 convictions in the last one year.Magu stated this while giving a keynote address on the ''Role and Challenges of Anti-Corruption Agencies in Enhancing Effective Public Service Performance'' at an International Conference on Law,Security and Development Strategies organized  by the International Institute for Policy Review and Development Strategies,University of Port Harcourt,Rivers State.Magu who was represented by Dr. Hakeen Bello,scored the Federal government high for its support to the EFCC and the political will to fight corruption.According to him,the political will to combat graft ''used to be a problem in the past when former chairmen of EFCC were not always sure of whether their activities would receive the full support of the government''.Magu said the Commission recorded m
Post a Comment
Read more