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Showing posts from May 17, 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

N43M FRAUD: EFCC IBADAN ZONE ARRAIGNS 6 MEN FOR ABUSE OF OFFICE.{PHOTOS}.

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              The Economic and Financial Crimes Commission,EFCC,today wednesday May 17,2017,arraigned David Olayinka Olojede,Akingbade Latilo,Dr Gbadamosi Basiru,Oluwafemi Kujembola,Amobi Yunusa Akintola and Ogungbemi Olatokunbo before Justice M.A Onyetenu of the Federal High Court Osogbo on an Eight-count charge bordering on conspiracy and Money Laundering.The defendants however,pleaded not guilty to the charges.In view of their plea,prosecution counsel,Cosmos Ugwu prayed the court for a trial date and for the remand of the defendants in prison custody.He also informed the court that he was served a bail application this morningg and needs time to respond.However,counsels to the defendants informed the court of their bail applications dated 16th May,2017 and filed this morning and thereafter,prayed the court to allow them move same.Justice Onyetenu adjourned the case till May 20,2017 for hearing of the bail application.The defendants were former members of the governing council of the

AMBODE COMMISSIONS ABULE EGBA,AJAH FLYOVERS,LEKKI ROADS TODAY+TO CONSTRUCT BADORE,REGIONAL ROADS IN LEKKI.{PHOTOS}.

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            Lagos State Governor,Mr Akinwunmi Ambode today Wednesday commissioned the Ajah and Abule Egba Floyovers,saying that both bridges were creative solutions by his administration to address the perennial traffic associated with the areas,as well as boost economic activities in both axes.The Governor,who spoke at separate events in Ajah and Abule Egba to official open the Bridges,christened as 'Jubilee Bridges' for public use,said that while the driving motive behind Ajah Bridge was to improve connectivity in the axis and facilitate economic growth,the Abule-Egba Brige was about opening up other areas of the State and improving the lives of residents in the area.Speaking at Ajah,the Governor recalled that the area was troubled with terrible traffic gridlock on a daily basis,which according to him was crippling business activities,causing loss of valuable man hours and revenues.He said the Bridge would eliminate the traffic jam usually experienced on the road while the Fr

MINISTER OF INTERIOR PRESENTED CERTIFICATE OF CITIZENSHIP TO 335 FOREIGNERS.{PHOTOS}.

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                      The Minister of Interior,Lt Gen. {Rtd} Abdulrahman Bello Dambazau has presented certificates of citizenship to 335 naturalized/registered citizens with the promise that henceforth Nigeria would grant approval for citizenship to deserving persons annually.Gen. Dambazau spoke on the occasion of the formal conferment of citizenship and presentation of Certificates to those who became citizens of Nigeria either by Naturalization or registration,in Abuja.According to the Minister,''In line with Mr President's 'CHANGE' Policy hinged on the three cardinal principles of anti-corruption,security and job creation,the Ministry of interior ensured that all deserving persons were recommended to Mr President for approval''.The Minister stated that the approval of citizenship to them was also in line with government's effort at improving on the ease of doing business in the country,and urged them to positively project the image of the country both

EFCC DOCKS WHISTLE BLOWERS OVER FALSE INFORMATION.{PHOTOS}.

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                                                   The Economic and Financial Crimes Commission,EFCC,yesterday tuesday,May 16,2017 arraigned the duo of Buhari.Fannami and Bakuru Abdullahi on two separate one count charge before Justice M.T Salihu of the Federal High Court Maiduguri,for allegedly giving false information to the agency under the whistle blowing policy.Fannamit had misled the EFCC with the information about illegally acquired monies purportedly buried at the residence of one Ba'a Lawan but the information turned out to be false after the execution of a search warrant.The accused person pleaded not guilty to the charge.Counsel to the prosecution Alkassim Ja'afar asked for a trial date and prayed the court to remand the accused person in the prison custody pending trial.Justice Salihu adjourned the Matter to June 7 and 8,2017 for hearing and ordered the accused to be remanded in the prison custody.On his part,Ba-Kura Abdullahi also gave false information to the effe

A SOCIAL MEDIA USER IS ACCUSING A LAGOS HOSPITAL OF KILLING A FEMALE UNIZIK STUDENT DURING CHILDBIRTH.{PHOTOS}.

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             According to the story shared by Ihunegbo Ikechukwu Moses,UNIZIK graduate,Chisom Anekwe {nee Okereke},died at Magodo Specialist Hospital during child birth due to carelessness and negligence of duties by doctors and nurses in the hospital.''This is Chisom Anekwe {nee Okereke},a young,vivacious,graceful,kind-hearted and intelligent woman who had devoted her life to helping indigent kids and giving their lives a meaning.She's an alumna of LEAP Africa.Two weeks ago,precisely April 30th 2017,Chisom died under questionable circumstances at Magodo Specialist Hospital while trying to give birth to her third child.We believe strongly that the authorities need to ensure that lives are taken sacred in hospitals like Magodo Specialist Hospital where such avoidable deaths are recorded.Chisom was admitted in the hospital four days before she got into labour.She already had two daughters birthed in the same hospital and was there to birth her third child,a son.While at the h

A MAN ''EMMANUEL'' IS LEFT PERMANENTLY BLIND IN BOTH EYES AFTER ACID ATTACK IN OGBARU ANAMBRA STATE.{PHOTOS}.

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                      The young man pictured above simply identified as Emmanuel,has been left blinded in both eyes after a member of his community identified as Wike Ugonna allegedly attacked him with acid during a land dispute at their village in Atani in Ogbaru local government area of Anambra State on May 10th,2017.According to reports,Emmanuel's family had approached Wike's family to use a part of a land they use for farming in their community but the Wike's family turned down their request.This created a friction between both families.On the day of the attack,Emmanuel was said to be working on another person's farmland whenWike approached him and allegedly poured acid on him and also cut him with a machete.Wike is currently on the run.More photos below.