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Showing posts from October 10, 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

ABOUT 50 PEOPLE KILLED IN KENYA BUS CRASH TODAY.{PHOTOS}.

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At least 50 people were killed when a bus travelling from the Kenyan capital, Nairobi, to Kisumu, in the west, veered off the road, police say. The bus was overloaded and speeding, a survivor told local media. Police said the driver lost control and the vehicle plunged down a slope at a notorious accident black spot. The roof was ripped off. Twelve women and seven children were among those killed in the crash on Wednesday morning. The bus was  carrying at least 70 passengers, some standing , a male survivor told The Standard. He said the driver was not following traffic rules but that he chose not to raise his concerns because the bus crew would have beaten him up. He described the bus crew as "very arrogant". The government agency in charge of road safety said the bus did not have a license to travel at night. The accident happened at 05:00 local time (02:00 GMT) in Fort Ternan town, 80km (50 miles) away from Kisumu, local media reported.

SEN. SARAKI SWORE IN TWO NEW SENATORS TODAY.{PHOTOS}.

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      Senate President Bukola Saraki shared two photos on social media with the caption '' Today, I swore-in two new senators; Senator Lawal Gumau representing Bauchi South and Senator Ahmed Baba-Kaita representing Katsina North. I wish both Distinguished Lawmakers success as they serve their constituents in the National Assembly''.One more photo below.

NIGERIAN ARMY INTENSIFIES EFFORT IN THE SEARCH OF MAJ GEN IM ALKALI (RTD).#PRESS RELEASE.

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        1. The attention of the Nigerian Army Headquarters has been drawn to the unfounded and unsubstantiated news trending on several online platforms, newspapers and other media/information outlets over the search operation by Nigerian Army personnel to uncover the whereabouts of Maj Gen IM Alkali (rtd) at Du village and its environs in Jos South LGA of Plateau State. 2. The Nigerian Army wishes to reassure all Nigerians that this search and findoperation is by no means a punitive expedition as expressed in some quarters. Rather it is aimed at locating the retired senior officer’s whereabouts in line with the Nigerian Army’s cherished core values and global best military practices. 3. The Nigerian Army also wishes to express displeasure at the attempt by some unscrupulous and mischievous elements who wrongly pre-empt the operation and paint the Nigerian Army in bad light without waiting to hear the final outcome of the operation. All citizens are therefore enjoined to go abo

INFRASTRUCTURE DEVELOPMENT IN LAGOS HAMPERED BY LITIGATION-LAGOS COMMISSIONER.#PRESS RELEASE.

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      Lagos State Commissioner for Works and Infrastructure, Engr. Adebowale Akinsanya had said one major challenges to infrastructural development in the State is litigation by some residents, which has greatly hampered the rapid development of infrastructure across Lagos. Speaking at the 9th BusinessDay CEO forum 2018 with the theme “Plastering The Cracks - A Conversation On The State Of Road Infrast ructure In Nigeria Commercial Capital”, the Commissioner noted that such challenges have affected the Osborne jetty where the State Government intends to provide the necessary infrastructure to develop water transportation. Akinsanya, who was represented at the event by the Director, Project Planning and Design in the Ministry, Engr. Rotimi Thomas said the State Government was planning to invest in water transportation through construction of a Jetty and dredging of 15 kilometres water channels for boats movement. Similarly, he said the present administration, in tackling traff

MRS AMBODE & COWLSO DONATED INCUBATOR,AMBULANCE ETC TO GENERAL HOSPITALS IN LAGOS TODAY.{PHOTOS}.

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      Wife of Lagos State Governor/Chairman, Committee of Wives of Lagos State Officials (COWLSO), Mrs. Bolanle Ambode, during the donation of Transport Incubator Ambulances and Portable OTOREAD equipment to General Hospitals in the state.More photos below.

PRESIDENT BUHARI PRESIDES OVER FEC MEETING TODAY.{PHOTOS}.

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      President Buhari presides over Federal Executive Council (FEC) Meeting, receives Compendium of Reports by Ministry, Department and Agencies in State House on 10th Oct 2018 President Buhari with R-L: Vice President Yemi Osinbajo, Secretary to the Government of Federation Boss Mustapha, Chief of Staff to the President Abba Kyari, Head of Service of the Federation Mrs Winifred Eyo-Ita and National Security Adviser Babagana Monguno as he presides over Federal Executive Council (FEC) Meeting in State House on 10th Oct 2018 Vice President Yemi Osinbajo with National Security Adviser Babagana Monguno, Minister of Water Resources Suleiman Adamu and Secretary to the Government of Federation Boss Mustapha ahead of Federal Executive Council (FEC) Meeting in State House on 10th Oct 2018.More photos below.

APC GOVERNORS PAID PRESIDENT BUHARI A VISIT AT THE STATE HOUSE TODAY.{PHOTOS}.

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      APC Govs meets: President Buhari with Imo State Governor Rochas Okorocha, Borno State Governor Kashim Shettima, Kano State Governor Abdullahi Umar Ganduje, Bauchi State Governor Mohammed Abubakar and Lagos state Governor Akinwunmi Ambode as he receives in audience APC Governors in State House on 10th Oct 2018.More photos below.

EFCC VOWS TO ARREST INNOSON MOTORS BOSS 'INNOCENT CHUKWUMA' AS COURT STRIKES OUT FRAUD CASE AGAINST HIM TODAY.#PRESS RELEASE.

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       The Economic and Financial Crimes Commission, EFCC, has vowed to ensure that the Chairman, Innoson Motors Nigeria Limited, Innocent Chukwuma is arrested to face fraud charges in court. The Commission gave the assurance today, after Justice Olusola Williams of the Special Offences Court sitting in Ikeja, Lagos, struck out the case of fraud it instituted against Chukwuma. The Judge struck out the case after the EFCC failed to produce Chukwuma in court to face trial. Chuwuma and his company, Innoson Motors Nigeria Limited, were to be arraigned on a four-count charge of conspiracy to obtain by false pretences, obtaining by false pretence, stealing and forgery. The defendants allegedly committed the offences between 2009 and July 2011 in Lagos. The defendants were alleged to have conspired to obtain, by false pretences, containers of motorcycles, spare parts and raw materials, property of Guaranty Trust Bank, from Mitsui OSK Lines Limited, Apapa, Lagos. They were a