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Showing posts from November 14, 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

PRESIDENT BUHARI RETURNS TO NIGERIA TODAY AFTER A 5 DAY OFFICIAL VISIT TO PARIS.{PHOTOS}.

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     Nigeria arrival: President Buhari with Katsina State Governor Aminu Bello Masari, Ekiti State Governor Kayode Fayemi and Anambra State Governor Willie Obiano as he returns to Abuja after a 5 day Official Visit to Paris on 14th Nov 2018. Paris Departure: President Buhari departs Paris for Abuja after a 5 day Official Visit to Paris on 14th Nov 2018.More photos below.

N1.6M PENSION FRAUD: COURT CONVICTS ONE,PROSECUTES ANOTHER TODAY IN NIGER STATE.{PHOTOS}.#PRESS RELEASE.

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       The Economic and Financial Crimes Commission, EFCC on November 14, 2018 secured the conviction of Mohammed Abdullahi, who was arraigned along with Hassan Gulu for a N1.6 million pension-related fraud. The two men were brought before Justice Aisha Bwari of the Niger State High Court, Minna, on a two-count charge bordering on cheating and fraudulent conversion to personal use. The long arm of the Law caught up with them when the EFCC received a petition from the Pension Transitional Arrangement Directorate, PTAD, alleging that Abdullahi, during routine verification exercise in Minna, was found to have been overpaid his monthly pension entitlements for almost two years. Abdullahi, a retiree was entitled to N31,000 as monthly pension, and N2,609.68 as his federal pension. However, verification showed that he was receiving N165,313.19. He was found to have remitted N75,000 monthly for almost two years to Gulu who was formerly under the Office of the Head of Service, Pensio

COURT ORDERS FINAL FORFEITURE OF N1,260,000,00.$327,132.35,£167.85, € 157.90,SUSPECTED TO BE PROCEEDS OF AN UNLAWFUL ACTIVITIES TO FG.{PHOTO}.#PRESS RELEASE.

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    Justice A. Obiozor of the Federal High Court sitting in Ikoyi, Lagos has ordered the final forfeiture of the sums of N1,260,000,000, $327,132.35, £167.85 and €157.90 recovered by the Economic and Financial Crimes Commision, EFCC, to the Federal Government.   The order came following an ex parte application filed by the Economic and Financial Crimes Commission, EFCC, against Heritage Bank Pl c and Secure Electronics Technology Limited. The funds were discovered, following an intelligence report received by the Commission. The persons in whose possession the funds were found did not lay claim to them and surrendered them for forfeiture. In an affidavit in support of the application, the applicant stated that “Heritage Bank did not provide any legitimate explanation for the above transactions (involving the sums) and consequently returned the said money through 16 separate bank drafts issued in favour of the EFCC Recovered Funds Account." Justice Obiozor, in his

NEMA TO IMPROVE DISASTER MANAGEMENT WITH BEFITTING EMERGENCY OPERATIONS CENTRES.{PHOTOS}.#PRESS RELEASE.

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         Press release The National Emergency Management Agency (NEMA) is working to build befitting Emergency Operations Centres (EOCs) for robust response to disaster situations in the country, Director General, Engr Mustapha Maihaja has said. Addressing participants in the on going Emergency Operations Centres' training facilitated by the USAID in Abuja, he said experience from the response to the 2018 flood in Nigeria require more improvement in the management of disaster situations. He said, "the 2018 flood in Nigeria has challenged us to improve the way we do things, though we were able to support the states through the establishment of five (5) territorial EOCs and national emergency operation centres. We are not resting on our oars, but we are forging ahead to sustain a befitting EOC for the country. As part of the way forward, he said "we will continue to develop the capacity of staff to ensure that all principles and practices of disaster management

COURT ADJOURNS BELGORE'S N450M FRAUD TRIAL TO NOV. 20.#PRESS RELEASE.

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       Justice Rilwan Aikawa of the Federal High Court sitting in Ikoyi, Lagos, on Wednesday, November 14, 2018, adjourned till November 20, 2018 for Muhammed Dele Belgore, SAN, and Prof. Abubakar Sulaiman, a former Minister For National Planning, to open their defence in a N450m fraud trial. Belgore, a governorship candidate of the Peoples Democratic Party, PDP, during the 2011 Kwara State gubernatorial election, and  Sulaiman are standing tria for allegedly receiving the sum of N450, 000, 000 ( Four Hundred and Fifty Million Naira) only on March 27, 2015 out of the $115,010,000 ( One Hunfred and Fifteen Million and Ten Thousand Dollars) paid into Fidelity Bank Plc by a former Minister of Petroleum Resources, Diezanni Allison-Madueke. At the sitting on Tuesday, November 13, 2018, counsel to the first defendant, Ebun Shofunde, SAN, had sought an adjournment of the trial in order to serve the subpoena issued by the court on the Manager, Fidelity Bank Plc, Ilorin Branch, in prepa

FALSE CIRCULATION OF TRAVEL TIME RESTRICTION INTO MAIDUGURI.#PRESS RELEASE.

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       The attention of 7 Division Nigerian Army has been drawn to a circultion on social media of a purported travel time restriction on travellers to Maiduguri. The statement is completely false and clearly a mischief intended to misinform, cause disaffection.and breach the peace. At no time was any such statement issued by anyone on any travel time restriction. Once more for the avoidance of doubt the general public is please informed that there is no travel time restriction of any kind emanating from 7 Division or signed by anyone. The good people of Borno and other law abiding visitors are enjoined to go about their lawful businesses and continue to avail the security agencies with timely information to counter insurgency and other sundry crime. You are please requested to disseminate this information to the general public through your medium Thank you for your usual cooperation. KINGSLEY MFON SAMUEL Colonel  Deputy Director,       Army Public Relations,

DASUKI WROTE A LETTER TO F.H.C ON HIS INTENTION TO AVOID APPEARING IN COURT.{PHOTOS OF THE LETTER}.

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       A former National Security Adviser, Col. Sambo   Dasuki , has written the Abuja division of the Federal high court on his intention to avoid appearing in court for trial until the Prosecution obeys the court’s ruling on his bail.   Dasuki is facing trial for alleged illegal possession of firearms and other charges. In the letter,   Dasuki  states that he has been granted bail by numerous courts which was not obeyed by the federal government.  Dasuki is facing trial for alleged illegal possession of firearms and other charges. In the letter, Dasuki states that he has been granted bail by numerous courts which was not obeyed by the federal government. The letter dated, November 12 signed by Dasuki asked the court to  “absolve him of any obligation of appearing at his trial, since the office of the State Security Service, an agent of government detaining him has also refused to respect the various court order for his bail.”.Read the letters below and above.More photos be

V.P. OSINBAJO,PRESIDES OVER THE FEC MEETING TODAY.{PHOTOS}.

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       Vice President Yemi Osinbajo presides over the weekly Federal Executive Council (FEC) meeting at the State House, Abuja.More details later and more photos below.

6,099 STUDENTS GRADUATED FROM LAGOS SKILL ACQUISITION CENTRES.{PHOTOS}.#PRESS RELEASE.

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      The Lagos State Ministry of Women Affairs and Poverty Alleviation on Tuesday graduated 6,099 students from its 17 Skill Acquisition Centres for the 2017 session. Governor Akinwunmi Ambode, in a goodwill message delivered by his Deputy, Mrs. Idiat Adebule at the Blue Roof, LTV Ikeja, said as part of its poverty alleviation strategies, the present Administration has provided an opportunity for young people to enhance their socio-economic wellbeing through vocational skills acquisition. In his words “The immediate benefit available to the graduates that we are celebrating today is that they are qualified to access soft loans from the Lagos State Employment Trust Fund as seed capital to transform their entrepreneurial visions into reality”. He said further that the skills acquisition and vocational training programme is proving to be much of a success as the “Ready, Set, Work” initiative, which was introduced to equip final year students in all tertiary institutions in La