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Showing posts from May 5, 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
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PHOTO NEWS:PRESIDENT BUHARI SPOTTED TODAY HEADING TOWARDS THE MOSQUE TO PRAY.{PHOTOS}

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                President Muhammadu Buhari with Chief of Staff Abba Kyari and NSA Babagana Monguno,at Juma'at prayer at the State House Mosque,today afternoon.More photos below.
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LAGOS STATE GOVT,DENIES INVOLVEMENT IN DEMOLITION OF IKORODU SABO MARKET.

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             Lagos State denies involvement in the demolition of Ikorodu Sabo market...warns developers on consequences of unlawful demolitions.Commissioner for Information & Strategy,Mr Steve Ayorinde,assured that government would no longer tolerate the connivance between desperate developers and local government or court staff to deny hard-working market traders of their means of livelihood.
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EX-MILITANT LEADER,TOMPOLO LOSES THREE CASES AGAINST EFCC.

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                 Justice E.A Obile of the Federal High Court,Warri Division,Delta State,on tuesday,April 25,2017 struck out the last of the three cases instituted by a former Niger Delta militant leader,Government Ekpemupolo {also known as Tompolo } and others against the Economic and Financial Crimes Commission,EFCC.In the suit,FHC/WR/CS/172/2015,the applicants among other reliefs prayed the court for an order restraining EFCC from declaring Keston Pondi,a director in Tompolo's company wanted and also for an order nullifying letters of invitation extended to Pondi by the anti-graft agency.The applicants further prayed the court to order EFCC to direct all enquiries regarding the matter being investigated by the agency in writing to Pondi,while he is to provide written responses.The case was,however,struck out for lack of diligent prosecution by the applicants.This is because the case was abandoned after a sister case with similar facts involving Tompolo {Suit No: FHC/WR/CS/171/201
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MOU BETWEEN NATIONAL COUNCIL FOR ARTS & CULTURE & BANK OF INDUSTRY WILL CREATE 200,000 JOBS-ALH. LAI MOHAMMED SAID TODAY.{PHOTOS}.

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                  Alhaji Lai Mohammed,has said the MoU between the National Council for Arts and Culture {NCAC} and the Bank of Industry {BoI},which makes available 300 million Naira loan for stakeholders in the Creative Industry,will create 200,000 jobs in the Sector.The Minister said this in Abuja today friday when the Director General of the Council,Otunba Olusegun Runsewe,presented to him the MoU,which was signed earlier in the day.''I have been reliably informed that top on the list of the benefits that will accrue from this landmark MoU is that it will create over 200,000 jobs for the sector.This is epochal,and it is in line with one of the cardinal programmes of this administration,which is job creation and empowerment.''-Lai Mohammed.Alhaji Mohammed said the MoU will equally enhance the capacity of producers of cultural products and services to work towards attaining the standard of modern practice in the packaging of their cultural products,to enable them compe
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ACTRESS PRIYANKA CHOPRA IS SHARING HER RECENT HUMANITARIAN VISIT TO ZIMBABWE AFTER MET GALA.{PHOTOS}.

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                                                       American/Indian actress Priyanka Chopra who arrived the Met Gala with a long brown trench coat is now sharing photos from her humanitarian trip to Zimbabwe.She captioned the photo above ''Sarah Sithole or Mbuya {granny} is just 58 years old.Thomas 14{green} wants to grown up and be a driver and Luckmore 17 {stripes} wants to be a mechanic..Mbuyas daughter left her sons {from teenage pregnancies} in her care because she got married and her husband did not want these kids.Mbuya sells vegetables to send them to school and survive.She was cooking sweet potatoes for lunch and shared them with me..she hopes her grand sons will look after her in her old age because she has raised 5 children and 7 grandchildren...and still has backbreaking working to do every day just to survive.Thank you for sharing your home and story with me.UNICEF #EnsViolence#zimbabwe.More photos below.
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LAGOS SPEAKER & OTHER LAWMAKERS VISITED OLUBADAN YESTERDAY.{PHOTOS}.

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            Olubadan of Ibadan,His Royal Majesty Saliu Akanmu Adetunji;Speaker,Lagos State House of Assembly,Rt Hon Mudashiru Obasa; his Deputy,Hon. Wasiu Eshinlokun-Sanni; the Assembly Chief Whip,Hon Rotimi Abiru; and members of the House,Princess Adefunmilayo Tejuoso.Speaker,Lagos State House of Assembly,Rt. Hon. Mudashiru Obasa {right}; and the Olubadan of Ibadan,His Imperial Majesty Saliu Akanmu Adetunji Aje Ogunginniso 1 when Obasa and other Lagos Lawmakers visited the Olubadan at his palace on Thursday.The Ekaarun of Olubadan of Ibadan,Chief Amidu Ajibade; the Olubadan of Ibadan,HRM Saliu Akanmu Adetunji;Speaker,Lagos State of House of Assembly,Rt. Hon. Mudashiru Obasa; and his Deputy,Hon. Wasiu Eshinlokun-Sanni when Lagos Lawmakers visited the Olubadan.More photos below.
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FORMER CHIEF OF DEFENSE STAFF 'BADEH',HIS COUNSEL ABSCONDED WITH TITLE DOCUMENTS TO DUBAI-WITNESS.

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               A prosecution witness in the trial of a former Chief of Defense Staff,CDS,Air Marshal Alex s. Badeh {retd} has revealed how a lawyer to th former CDS absconded to Dubai with title documents of various properties allegedly procured with monies removed from the accounts of the Nigerian Air Force,NAF,between January and December,2013.The witness,Nuhu Dalhatu,made this disclosure on May 3,2017 while being cross-examined by Lasun Sanusi,SAN,who held brief for Badeh's counsel,Akin Olujimi,SAN,before Justice Okon Abang of the Federal High Court,Maitama,Abuja.Badeh is being prosecuted by the Economic and Financial Crimes Commission,EFCC along side Iyalikam Nigeria Limited on a 10-count charge of money laundering criminal breach of trust and corruption.He allegedly abused his office as CDS by using the dollar equivalent of the sum of N1.4billion removed from the accounts of the Nigerian Air Force to purchase properties in choice areas of Abuja between January and December,201
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