RAPPER TEKASHI 6IX9INE SENTENCED TO THREE MONTHS IN PRISON FOR PROBATION VIOLATION IN GANG CASE. (PHOTO).

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 Rapper Tekashi 6ix9ine sentenced to three months in prison for probation violation in gang case NEW YORK - Rapper Tekashi 6ix9ine was sentenced Friday to three months in prison for violating the terms of his supervised release in a New York gang case, stemming from both an assault and drug possession. The 29-year-old Brooklyn artist, whose real name is Daniel Hernandez, admitted to the violations in federal court in Manhattan. Judge Paul Engelmayer, who presided over the hearing, criticized Hernandez for repeatedly disregarding the conditions of his release, noting that he had previously received a 45-day sentence late last year for similar violations. “From time to time your actions suggest that you believe that ordinary rules don’t apply to you,” the judge said, emphasizing that another prison term was necessary to send a message. Hernandez, who gained fame with his 2017 hit “Gummo,” recounted in court several instances in which he and his family were threatened because of his c...

ADEOSUN REASSIGNS PORTFOLIOS IN SEC,AS MARY UDUK TAKES OVER AS ACTING DG.#PRESS RELEASE.

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        The Honourable Minister of Finance, Mrs. Kemi Adeosun, on Friday approved the reassignment of portfolios in the Securities and Exchange Commission (SEC).
2. Ms. Mary Uduk will assume the position of Acting Director-General of the Commission. Uduk’s appointment is governed by the provisions of the Investments and Securities Act (ISA), 2007 and the conditions of service applicable to the Director-General of the Commission.
3. The Minister, in a letter dated 13th April, 2018, said Uduk’s appointment had become necessary to ensure effective regulation of the Capital Market. Her appointment will, subject to satisfactory performance, subsist until further notice.
4. The Minister also announced the redeployment of the former acting Director-General of the Commission, Dr. Abdul Zubair, to External Relations Department.
5. She further made the following reassignment of the under-mentioned persons -
i. Reginald C. Karawusa – Acting Executive Commissioner, Legal and Enforcement;
ii. Isiyaku Tilde – Acting Executive Commissioner, Operations;
iii. Henry Roland Adekunle – Acting Executive Commissioner, Corporate Services.
6. The new Acting Director-General joined the Commission in 1986 as an assistant financial analyst. Her career as a regulator has spanned many functions and departments in the Commission, from corporate finance, administration, to providing structural, policy and due diligence for capital market transactions. She has also been responsible for managing several landmark capital market projects, including the registration of Capital Market Operators, articulating rules for bonds and equities; Mergers, acquisitions and Takeovers, and managing the banking and insurance industry consolidations between 2005-2007.
7. Uduk served as the pioneer Head of the Operations Division in the Lagos Zonal Office, and has headed the following Departments in the Commission: Internal Control, Investment Management, Financial Standards and Corporate Governance and Securities, and Investment Services Department, among others.
8. Meanwhile, the Federal Ministry of Finance has requested for a formal explanation from the SEC of the recent communications between the Commission and the Nigerian Stock Exchange (NSE), which adversely impacted market confidence.
Signed:
Oluyinka Akintunde
Special Adviser, Media & Communications
to the Hon. Minister of Finance
Federal Ministry of Finance   
13th April, 2018
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