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Showing posts from November 19, 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
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FIRE SERVICE SUCCESSFULLY CURTAILED FIRE IN EFCC YESTERDAY.#PRESS RELEASE.

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    Men of the Federal Fire Service, FFS, Wuse Zonal office today, Monday, 19th November, 2018 successfully subdued inferno that almost razed down the Wuse 2 Zonal office of the Economic and Financial Crimes Commission, EFCC. The fire fighters led by the Sector Commander, Melone Onyekachi, arrived the Wuse 2 office of the Commission when the Service was alerted of the Fire by the Incident Duty Officer of the Commission, Kayode Oyet unde at 1910 hours. The fire started at the former newsroom which now serves as storage for ICT equipments that were retrieved from the Commission former offices scattered across the Capital City. The former newsroom is domiciled in the two Storey Costa Hall which was commissioned by Dr. Antonio Maria Costa on 13th November 2007. The building currently houses the Data Centre and the Combined Inter Agency Task Force. When asked what could have cursed the fire, Mr. Onyekachi said, “Our duty is to put off the fire; that we have successfully done. Ther
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EFCC ARRAIGNS KANO GOV. CANDIDATE,1 OTHER FOR ALLEGED $1.3M FRAUD.{PHOTOS}.

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            The Economic and Financial Crimes Commission, EFCC, on November 19, 2018 arraigned Abdulsalam Saleh Abdulkareem, a governorship candidate of the Green Party of Nigeria, GPN, and Ebere Nzekwe, before Justice Lewis Allagoa of the Federal High Court, Kano on a nine-count charge of criminal conspiracy and obtaining money by false pretence to the tune of $1,320,000 (One Million, Three Hundred and Twenty Thousand Do llars) only. The petitioner alleged that sometimes in 2014, the defendants connived to fraudulently obtained the said sum from him in the belief that it would be used for business investment which eventually turned out to be false. Abdulsalam also allegedly met with his Personal Assistant, one Muhannat in a hotel in Republic of Kuwait for a talk on the said dealings. The meeting led to his (Abdulsalam’s) invitation to Nigeria via a company, Seit Nigeria Limited. It was during this meeting that the total sum of One Million Five hundred USD (1,500, 000USD) was d
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