Posts

Showing posts from April 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

NO CAUSE FOR ALARM OVER PRESIDENT BUHARI'S HEALTH-PRESIDENCY.

Image
                   The Presidency said today thursday that ther is no cause for apprehension over the health of President Muhammadu Buhari.Thr Presidency said this in a press statement issued by the Senior Special Assistant to the President on Media and Pubicity,Garba Shehu today.He assured the good people of Nigeria that,despite the insinuation of a number of media organisations of a number of media organisations,there is no need for anxiety.''President Buhari's absence at the Federal Executive Council meeting of Wednesday,April 26,was a last minute decision; otherwise,the cabinet and the public might have been alerted in advance.As eager as he is to be up and about,the President's doctors have advised on his taking things slowly,as he fully recovers from the long period of treatment in the United Kingdom some weeks ago.President Buhari himself,on his return to the country,made Nigerians aware of the state of his health while he was in London.Full recovery is sometimes

RE-BLAME THE POLICE IF 2017 BUDGET IS NOT READY,SENATOR GOJE & REPS GIVES POLICE 24HRS TO RETURN BUDGET DOCUMENTS ALLEGEDLY CARTED FROM GOJE'S RESIDENCE.#PRESS RELEASE.

Image
                    The attention of the Nigeria Police Force has been drawn to reports in the media credited to Senator Danjuma Abdullahi Goje captioned ''Blame the Police if 2017 Budget is not Ready Senator Goje'' ''REPS gives Police 24 hours to return budget documents allegedly carted from Goje's residence''. 2. The report in its entirely is false,misleading and capable of misinforming Nigerians about the statutory roles and duties of the Nigeria Police Force as provided under Sections 4 & 28 of Police Act and Regulations,which includes prevention and detection of crime,the apprehension of offenders,the preservation of law and order,the protection of life and property and the due enforcement of all laws and regulations,and authority to enter any house or premises to execute search warrant. 3. It is pertinent to set the record straight and inform Nigerians of the facts of the matter.A search warrant duly obtained from court of competent juris

LAGOS HOST ONDO STATE HOUSE OF ASSEMBLY COMMITTEE ON FINANCE AND APPROPRIATION TODAY & TOMORROW.

Image
                     Lagos State government,through its Public Procurement Agency,will today thursday 27th and tomorrow Friday 28th April,2017 host delegates from the Ondo State House of Assembly Committee on Finance and Appropriation on a two day visit to understudy the operational modalities of the State Public Procurement Law 2015,Laws of Lagos State in order to replicate same in Ondo.According to the General Manager of the Lagos State Public Procurement Agency Mr Fatai Onafowole,the Ondo State team will comprise of members of the Finance and Appropriation Committee,selected staff of the Project and Price Monitoring Unit and Ondo State Public Sector Governance Reform and Development Project {ODPSGRDP}.Mr Onafowote further stated that the visit would enable the House of Assembly members acquire necessary knowledge of the operations and benefits of the Public Procurement law in a sub-National economy as well as issues relevant to the Legislative processes.He added that the Ondo State

APGA,ACD CANDIDATES GAVE INEC,2 MONTHS ULTIMATUM OVER ANAMBRA STATE CENTRAL RE-RUN ELECTIONS.{PHOTO}.

Image
                  The electorates in Anambra State central senatorial district have expressed misgivings over continuous delay by the Independent National Electoral Commission {INEC} to conduct the National Assembly rerun election for the district.This arose from the cancellation of the 2015 National Assembly elections and the inability to conduct the poll since then.Former national chairman of the All Prossives Grand Alliance {APGA},Chief Victor Umeh and the Advanced Congress of Drmocrats {ACD} candidates for the poll,Oby Kate Okafor are in the forefront of the agitation putting pressure on INEC to do the needful.Meanwhile,ahead of the November 18 governorship election in Anambra,the South East zonal leadership of the All Progressives Congress {APC} has inaugurated a Planning and Strategy Committee with the former governor of the old Anambra State,Dr Jim Nwobodo,as the chairman.The party's national vice chairman,South East zone,Dr Emma Eneukwu disclosed that Dr Orji Kalu,former go

ANAMBRA STATE 'FRSC' RECALLS OFFICIALS CAUGHT SLEEPING ON DUTY.{PHOTO}.

Image
                                    Anambra FRSC recalls officials caught sleeping on duty.The Federal Road Safety Corp,FRSC has recalled its personnel,who were pictures allegedly drunk during working hours in Anambra state.A statement by the head,Media Relations and Strategy of the Corps,Bisi Kazeem,said the alleged marshals,whose photographs were taken at Tarzan junction,close to Onitsha have been identified as operative of the Corps from Nteje Unit Command under the Anambra State Sector Command.He said that the marshals were deployed for traffic control and monitoring for the Easter Special Patrol at Tarzan junction close to Onitsha.''They have been recalled for administrative and disciplinary action at Anambra State Sector Command,Awka,being the Command that supervises the affairs of the Njete Unit,where they served on the directive of the Corps Marrshal,Dr Boboye Oyeyemi,who abhors indiscipline in all ramifications''.Appropriate disciplinary actions will be taken a

ROMANCE SCAM: EFCC ARRAIGNS FRAUDSTER FOR DEFRAUDING AMERICAN CITIZEN OF $5,260 TODAY IN PORT HARCOURT.{PHOTO}.

Image
                                          The Economic and Financial Crimes Commission,EFCC,today thursday 27th April,2017,arraigned one Onuoha Danhessy Akachukwu {alias Joe Dickson} before Justice J.K Omotosho of the Federal High Court,sitting in Port Harcourt,Rivers State on a 6-count charge bordering on Conspiracy and Obtaining Money by False Pretence to the tune of Five Thousand Two Hundred and Sixty American U.S Dollars {$5,260}.Onuoha Danhessy Akachukwu {alias Joe Dickson} is alleged to have used false Facebook accounts to defraud one Maria Jose Alvarez an American of the sum of Five Thousand,Two Hundred and Sixty American US Dollars {$5,260}.The defendant who claimed to be an American Engineer based in the United Kingdom hoodwinked his victims by establishing a romantic relationship which according to him,will lead to marriage.The defendant pleaded not guilty to the charge when it was read to him.Inview of his pleas,the prosecution counsel,R.E Alao asked the court to fix a date

DIEZANI'S BRIBE MONEY TO INEC STAFF: EFCC SECURES FINAL FORFEITURE ORDER TODAY.{PHOTOS}.

Image
               Justice Mohammed B.Idris of the Federal High Court,sitting in Ikoyi,Lagos,today April 27,2017 ordered the final forfeiture of the proceed of bribe given by former Petroleum Minister,Deziani Alison Maduekwe to some staff of the Independent National Electoral Commission,INEC in the build up to the 2015 General elections.The properties belonging to Christian Nwosu,the convict,are a landed property measuring 100ft by 80,lying and another situated at Okotomi layoutt,Obodogwugwu Quarters,Okpanam,Oshimili North LG and 100ft by 50,lying in the same local government area of Delta State.Also to be forfeited by Nwosu to the federal government is the sum of N5m {Five Million Naira} recovered from the convict.Nwosu and two others were earlier arraigned on April 5,2017 by the Economic and Financial Crimes Commission,EFCC before Honourable Justice Idris on a 7-count charge bordering on receiving gratification to the tune of N264,880,000.00 {Two hundred and sixty four million,eight hund

THE PRESIDENT DIDN'T SAY HIS WORKING FROM HOME HENCEFORTH BUT JUST FOR ONE DAY-LAI MOHAMMED.

Image
                The Minister of Information and Culture,Alhaji Lai Mohammed,has corrected the erroneous reporting,in a section of the media,of his post-FEC press briefing on Wednesday {26 April},noting he never said the President is to work from home henceforth.In a statement issued in Abuja,the Minister said the President only decided to work from home today,not that he has decided to work from home henceforth.He said the headlines in a section of the media, ''Buhari to now work from home-Lai Mohammed,'' is a misrepresentation of his statement at the briefing.Quoting verbatim the relevant section of his briefing,Alhaji Mohammed said: ''He {the President} wanted to rest TODAY and he asked the VP to preside over TODAY'S meeting.In addition,he also asked that all his files be taken home to him and he will be working from home TODAY''.