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Showing posts from February 27, 2018

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

NATIONWIDE OPERATION TO CURB THE PROLIFERATION OF PROHIBITED FIREARMS AND ILLEGAL WEAPONS.{PHOTOS}.#PRESS RELEASE.

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      The Inspector General of Police, IGP Ibrahim K. Idris NPM, mni, on 21st February, 2018 directed the Commissioners of Police of all the State Commands of the Federation and the Federal Capital Territory (FCT), Abuja and their Supervising Assistant Inspectors General of Police of the Twelve Zonal Commands in the Country; to immediately commence simultaneously throughout the Country, the disarmament and recovery of prohibited firearms, ammunition and weapons in the possession of all suspected Militias, Bandits, vigilante groups, Neighbourhood watch and other groups or Individual(s) or Bodies bearing prohibited firearms and ammunition, illegal weapons and lethal devices whether locally fabricated, modified or otherwise fashioned to kill or that can cause harm or injury to persons or that can cause panic, fear, apprehension, security breach, breach of Peace or that can cause threat to law and order anywhere in the Country. 2. Below are the categories of the prohibited/illegal firea

PRESIDENT BUHARI ADDRESSED APC CHIEFTAINS TODAY.{PHOTOS}.

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     Earlier today, President Muhammadu Buhari addressed All Progressives Congress (APC) chieftains, during the party's National Executive Council Meeting, at the APC Secretariat in Abuja. Vice President Yemi Osinbajo was also present.More photos below.

DAPCHI UPDATE: FG RELEASES NAMES OF MISSING GIRLS, GIVES BREAKDOWN (LIST ATTACHED).{PHOTOS}.#PRESS RELEASE.

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      The Federal Government has released the names and other details of the 110 girls who have yet to be accounted for, following the attack on the Government Girls Science and Technical College (GGSTC), Dapchi, Yobe State, on 19 Feb. 2018. The list was contained in a statement issued in Abuja on Tuesday by the Minister of Information and Culture, Alhaji Lai Mohammed, who has twice led a Federal Government delegation to Yobe since the tragic incident occurred. The list, which was handed over to the Minister by the Yobe State Government, contains the name, age and class of each of the 110 students. Out of the 110 missing girls, 8 are in JSS1, 17 in JSS2, 12 in JSS3, 40 in SS1, 19 in SS2 and 14 in SS3. The girls' ages range from 11 to 19 years. The list, which also contains the contact address and phone number of each missing girl, was verified by a 26-member Screening Committee that includes the Executive Secretary, State Teaching Service Board, Musa Abdulsalam; Dir

MONEY LAUNDERING: EFCC DOCKS DARIYE'S SON,NANLE MIRACLE FOR N1.5BN TODAY.{PHOTO}.

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      The Economic and Financial Crimes Commission, EFCC, on Tuesday, February 27, 2018, arraigned Nanle Miracle Dariye, son of former Plateau State Governor, Joshua Dariye, on a 6-count charge of money laundering to the tune of N1.5billion. He was arraigned before Justice Ijeoma Ojukwu of the Federal High Court, Abuja. Dariye was arraigned alongside Apartment le Paradis, an hotel where he was a director. The defenda nt failed to report a cash transaction to the tune of N1.5billion which he received through the hotel’s account in one of the old generation banks. The amount is above the threshold of the N10million permissible by law. Additionally, the hotel was also not registered with the Designated Non-Financial Institution, DNFI.The offence is in contravention of Section 5(1) (a) of the Money Laundering Prohibition Act, 2011 as amended and punishable under Section 5 (b) of the same Act.The defendant pleaded not guilty to the charge when they were read to him.In view of his plea, co

UGBOR GAS EXPLOSION: PANEL VISITS SCENE OF INCIDENT & HOSPITALISED VICTIM.{PHOTO}.

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      The Justice Peter Isibor-led Administrative Panel of Inquiry on the February 4 Gas Explosion in Ugbor area, in Benin city, has visited the scene of the explosion, a gas station, on a fact-finding mission to unravel the cause of the fatal incident. The Panel was set up by Governor Godwin Obaseki to investigate the immediate and remote causes of the fire incident and prevent a reoccurrence of the incident in future. During the Panel’s visit to the gas station at Ugbor in Benin City, Managing Director of the Gas Plant, Idemudia Osagie, told members of the Panel that the management of the gas plant suspected that the fire started at the generator house and spread to other facilities within the premises. Osagie said, “The gas station received supply of gas on Saturday, a day before the incident. The truck, which delivered the product could not leave the plant until Sunday, which is a non-working day at the plant. It was on that fateful day that the explosion occurred.”

AMBODE SIGNS N1.046TR Y2018 BUDGET INTO LAW.{PHOTO}

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      Lagos State Governor, Mr Akinwunmi Ambode on Monday signed the 2018 Appropriation Bill of the State into law with a total budget size of N1,046,121,181,680.00. The total budget size comprises of N347, 038, 938, 872.00 to be funded from the Consolidated Revenue Fund, and N699, 082, 242,808.00 from the Development Fund for both capital and recurrent expenditure for the year ending 31st December, 2018. The Governor also signed two critical bills into law. They are the Consolidated Transport Sector Bill and the Lagos State Teaching Service Commission Bill. The Transport Sector Law 2018 provides for the development and management of a sustainable transport system in the State, as well as development, management and maintenance of transport infrastructure and facilities within the State. The law also regulates the provision of an efficient transport delivery system and ensures availability of a safe and affordable transportation system. It is hoped that with this law, a

NIGERIAN - CAMEROONIAN TROOPS KILL 35 BOKO HARAM TERRORISTS IN COMBINED OPERATIONS+RECOVERED ARMS.{PHOTOS}.

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      Troops of Operation Lafiya Dole have continued to maintain the momentum in the ongoing Operation Deep Punch II to seek out and clear Boko Haram insurgents from enclaves in the northern fringes of the Lake Chad Islands and the Sambisa region. Yesterday Monday 26 February 2018, combined troops of Operation Lafiya Dole and the Cameroonian Defence Forces, in a clearance operation, took the battle to the terrorists in their enclaves at Kusha-Kucha, Surdewala, Alkanerik, Magdewerne and Mayen villages, all situated along the Nigerian - Cameroonian border. In the fierce offensives, the gallant troops killed 33 Boko Haram insurgents and destroyed 15 locally fabricated rifles captured from them. The troops also destroyed 4 Improvised Explosive Devices (IED), several motorcycles and bicycles belonging to the insurgents. 603 civilians held hostage by the insurgents were also rescued and conveyed to Bäma and Pulka towns, where they are currently being profiled before subsequent handover to I