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Showing posts from February 3, 2017

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

THE SENATE IS WORKING TO REPOSITION THE TRANSPORT SECTOR-SARAKI.

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            Senate President,Dr Abubakar Bukola Saraki,has said that the Senate is presently working on critical legislation to reposition the nation's transportation sector. Saraki disclosed this when the National Executive Committee of the Road Transport Employers Association of Nigeria {RTEAN},led by its National President,Alhaji Abubakar Sadiq visited him in Abuja.The Senate President who was decorated as the Grand Patron of the association by Sadiq,during the visit,according to a statement by his Chief Press Secretary,Sanni Onogu,stated that the National Assembly,under his leadership,will spare no effort to ensure that the transport sector is working effectively. Saraki said: ''In the Senate already,our main focus is to see how we can encourage more private sector participation in the transport sector and that is why we have about six different bills in the transportation sector.They include the Transport Commission Bill,Federal Roads Authority Bill,All these are mea

ALLEGED N1.2BN: COURT SENDS EX-MINISTERS SON SHAMSUDEEN BALA BACK TO PRISON TODAY PENDING FULFILMENT OF HIS BAIL TERMS.{PHOTOS}.

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                                                         Justice Nnamdi Dimgba of the Federal High Court sitting in Maitama,Abuja today friday,February 3,2017 ordered the remand of Shamsudeen Bala,son of a former Minister of the Federal Capital Territory,Senator Bala Mohammed in Kuje prison pending the perfection of his bail terms.Bala is being prosecuted on a 15-count charge of money laundering to the tune of N1.2 billion by the Economic and Financial Crimes Commission,EFCC. He was admitted to bail today in the sum of N100million with two sureties in the sum of N50million each.The sureties must either be a private businessmen or public servant not below the rank of assistant director.The sureties must have landed properties in Abuja or within Lagos metropolis excluding satellite towns.The defendant must produce three years tax clearance and must not travel without the consent of the court.The defendant must also comply with Section 15 of the ACJA,2015 or depose to an affidavit in cas

OMOTOLA,LUPITA NYONGO,WIZKID & OTHERS NAMED 100 MOST INFLUENTIAL YOUNG AFRICANS.{PHOTOS}.

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         Nollywood actress Omotola Jalade is dancing for joy as she was named the most influential African entertainer.Though she was not the only one that was named under the Entertainment and Culture category.Others are: Abraham Attah,Alek Wek,Chimananda Ngozi,Diamond Platnumz,Jim Iyke,Kansiime Anne,Lupita Nyongo,Omotola Jalade,Sarkodie and Wizkid.Omotola who posted this information on social media few hours ago when she posted the photo below with the caption ''Thanks!#100mostinfluentialAfricans #worksmart #nevertakeitforgranted''.One more photo below.

RE: STRIP POLICE OF POWER TO PROSECUTE CRIMINAL CASES,JUDGE ADVICES NIGERIAN GOVERNMENT.#PRESS STATEMENT.

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                     The attention of the Nigeria Police Force has been drawn to an online/social media publication by Premium Times Nigeria captioned ''Strip Police of Power to Prosecute Criminal Cases,Judge Advices Nigerian Government''.The said publication was credited to the Chief Judge of Delta State,Hon. Justice Marshall Unukoto,in a lecture he delivered at the 2017 Aquinas Day Colloquium of Dominican Institute in Ibadan Oyo State on Tuesday 31st January,2017. 2. The call according to the publication was made by the the Judge when he commented on the inefficient handling of criminal cases by the Police prosecutors who are not lawyers. 3. It is pertinent however,to state that the call was made by the Hon. Chief Judge without recourse to section 106 of the Administration of criminal Justice Act {ACJA} 2015,which clearly excludes non lawyers from processing all offences in any Court of Law. 4. Furthermore,the Supreme Court in the case of FRN VS Osahon {2006} 5NWLR

MAJOR GENERAL PETER DAUKE VISITED TROOPS OF 154 & 156 TASK FORCE AT ALAGARNO & MAULI TO INSPECT THEIR CONDITIONS.[PHOTO NEWS}.

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                 Yesterday,the General Officer Commanding {GOC} 3 Division,Major General Peter Dauke visited troops of 154 Task Force Battalion and 156 Task Force Battalion deployed at Alagarno and Mauli respectively for Operation LAFIYA DOLE.He was accompanied by Brigadier General Kabiru Mukhtar,Commander 29 Task Brigade.During the visit,the GOC shared meals with the troops.He also visited troops location at Mada and Bulabulin yesterday.More photos below.