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Showing posts from May 4, 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

PRINCE PHILIP IN AN OFFICIAL LETTER TODAY ANNOUNCED HIS RETIREMENT FROM PUBLIC ENGAGEMENT FROM AUTUMN THIS YEAR.{PHOTOS}.

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                 In an official letter dated today 4th May 2017,and captioned HRH THE DUKE OF EDINBURGH said:   His Royal Highness The Duke of Edinburgh has decided that he will no longer carry out public engagements from the autumn of this year.In taking this decision,The Duke has the full support of The Queen. Prince Philip will attend previously scheduled engagements between now and August,both individually and accompanying The Queen.Thereafter,The Duke will not be accepting new invitations for visits and engagements,although he may still choose to attend certain public events from time to time. The Duke of Edinburgh is patron,President orr a member of over 780 organisations,with which he will continue to be associated,although he will no longer play an active role by attending engagements. Her Majesty will continue to carry out a full programme of official engagements with the support of members of the Royal Family. More photos below.

IGP FLAGGED OFF AN 8 DAY CAPACITY BUILDING TRAINING COURSE FOR MEMBERS OF THE FORCE YESTERDAY.{PHOTOS}.

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            The Inspector-General of Police,IGP Ibrahim K. Idris,NPM,mni represented by the Deputy Inspector-General of Police in charge of the Force Criminal Intelligence and Investigations Department {FCIID},DIG HM,Dagala psc,fdc flagged off an Eight-Day Capacity Building Training Course for members of the Force.Present at the occasion were the Acting Chairman of EFCC,DCP. Ibrahim Magu,Representatives of INTERPOL,EU,UNODC,NDLEA,among others.More photos below.

LAGOS@50: AMBODE COMMISSIONS 10 ROADS,THREE BRIDGES,OTHER PROJECTS.

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          The Lagos @ 50 celebrations took a new dimension this week as the State Governor,Mr Akinwunmi Ambode embarked on commissioning of several infrastructural projects across the State.The projects,including network of roads,bridges,seven transformers,Street Lighting infrastructures,monuments and a recreation park,the Governor said was in line with his commitment to make life comfortable for residents irresspective of location within the boundaries of the State.Among the projects commissioned from Tuesday and expected to climax on Saturday include Ijegun-Isheri-Osun-Isolo Road,Camp Davies Road/Ishefun Road,all in Alimosho Local Government Area; Brown Road in Surulere; Adisa Ajibulu Road wwith Bridge and Kolawole Shonibare Street,Ajao Estate Road,both in Oshodi-Isolo Local Government Area.Other projects include installation of new transformers in Ibeju-Lekki,Epe,Eredo,Agbowa-Ikosi,Igbogbo-Bayeku,Ikorodu and Olorunda areas as well as Ojuloge Monument located opposite National Arts T

FRSC RESCUED 6 MEN FROM A MULTIPLE CAR CRASH TODAY,ALONG OYO-IBADAN ROUTE.

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                Federal Road Safety Corps patrol men rescued 6 male adults from a multiple car crash that occurred today the 4th of May 2017,0745hrs along Oyo-Ibadan route at Dangote Park,8km from Oyo.The victims were taken to the State Hospital,Oyo.

EFCC DOCKS SUSPECTED FRAUDSTER FOR N3.92M JOB SCAM.{PHOTO}.

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                          The Economic and Financial Crimes Commission,EFCC yesterday wednesday May 3,2017,arraigned one Eucharia Ekezie before Justice Olasumbo Olajumoke Goodluck of the Federal Capital Territory High Court sitting in Maitama,Abuja,on a ten-count charge of conspiracy and obtaining by false pretence.Ekezie,in connivance with one Hamid Bskoji {now at large},allegedly defrauded over seventy job applicants to the tun of N3.920 million under the pretext that the money would be used to facilitate employments for them in various federal government establishments including Central Bank of Nigeria,Nigeria Communication Commission,Federal Inland Revenue Service and National Assembly.The offence contravenes Section 8 {a} and 1 {1} {a} of the Advance Fee Fraud and Other Related Offences Act,2006.The defendant pleaded not guilty the charge.In view of he plea,counsel to EFCC,Chris Omisaga urged the court to fix a date for trial.However,Ekezie's counsel,C.S. Nwaogu told the court