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Showing posts from April 10, 2019

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

GOV. AMOSUN GIVES RECIPE FOR ECONOMIC BOOM.{PHOTOS}.#PRESS RELEASE.

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        Governor Ibikunle Amosun of Ogun State has emphasised the need for all financial institutions in the country to follow due process in financial transactions for an improved economy. Amosun, when receiving board members of the Nigeria Deposit Insurance Corporation (NDIC), in his office yesterday, said this will help boost the economy and elevate the status of citizens. He commended the initiative of the board to establish its regional in the state, noting that majority of the banks are now opening their head offices in Ogun. Chairman of the board, Mrs. Ronke Sokefun commended the governor for the giant strides of his administration, especially in the areas of infrastructure and the provision of adequate security, which she said has made the state conducive for investors. The NDIC boss, who stated that the board is saddled with the effective supervision of banking deposits, solicited the support of the governor, who is returning to the Senate, to assist with in the amen

PASSAGE OF THE POLICE TRUST FUND BILL: IGP SALUTES THE NATIONAL ASSEMBLY,CONFIDENT IT WILL ENGENDER EFFICIENCY IN POLICING THE COUNTRY.#PRESS RELEASE.

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           The Inspector General of Police, IGP M.A Adamu, NPM, mni has hailed the leadership and members of the National Assembly on the passage of the Police Trust Fund Bill, yesterday, 9th March, 2019. The Police Trust Fund Bill, when signed into law by the President and Commander-in-Chief of the Armed Forces, President Muhammadu Buhari, GCFR will be pivotal to providing a legal framework for the management and control of the Special Intervention Fund for the training of personnel of the Force, procurement of operational equipment, infrastructures and maintenance of Police Stations across the Country. The IGP notes that with the passage of the Bill, and hopefully, the eventual signing into law by the President, the Federal Government will be laying a solid foundation for the future of an effective and efficient structure for policing the Country. He further observes that the passing of the Bill couldn’t have come at a better time than now when concerted efforts are being made a

FRSC TO COMMENCE FULL IMPLEMENTATION OF THE PENALTY POINT SYSTEM ON TRAFFIC OFFENDERS.#PRESS RELEASE.

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        The Federal Road Safety Corps has revealed that it will commence full implementation of the Penalty Point System on traffic offender come 1st June, 2019. By this development, offenders who violate traffic regulations for a stipulated number of times will be sent back to driving schools for a retraining, while others will be subjected to compulsory community services according to number of o ffences committed. According to Bisi Kazeem, the Corps Public Education Officer, the Corps Marshal, Dr Boboye Oyeyemi stated this on Wednesday, during a critical summit on Information Technology at the national headquarters, Abuja. Oyeyemi decried that the continues violation of traffic laws by motorists simply suggests that either most of drivers on Nigerian roads did not attend a driving school or attended but did not learn what they were taught in those schools. While others violate traffic laws deliberately. He explained that the Penalty Point System is already operational in mos

BENUE HEAD OF SERVICE DEBUNKS GOVT. SHUTDOWN STORY.#PRESS RELEASE.

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       The Head of Service in Benue State, Mrs Veronica Onyeke, has debunked media reports that official activities of the Benue State government have shutdown following the annual leave embarked upon by Governor Samuel Ortom. Mrs Onyeke made the refutal today in her office while reacting to a report in one of the national dailies that top government officials had taken advantage of the Governor's leave and abandoned their offices. She described the story as false, misleading and mischievous as it was impossible for activities of the state government to be paralyzed by the absence of the Governor because his Deputy, Engr Benson Abounu has been acting on his behalf and that the entire government machinery remains intact. Mrs Onyeke stated that machinery does not need the physical presence of the Governor in Ministries, Departments and Agencies to operate and challenged anyone in doubt to go round and verify that full government activities are ongoing. The Head of Service

EFCC SECURES CONVICTION OF FAKE LOVER-BOY TODAY IN KWARA STATE.{PHOTO}.#PRESS RELEASE.

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       The Economic and Financial Crimes Commission, EFCC Ilorin Zonal Office has secured the conviction of Ogundele Adeseye, 24, who was re-arraigned on a one-count amended charge bordering on internet fraud. He was convicted by Justice Babangana Ashigar of a Federal High Court sitting in Ilorin, Kwara State, on April 10, 2019 after he pleaded "guilty" to the charge, following a plea bargain agreement. He was previously arraigned on a five-count charge, which was later amended to one count after plea bargain agreement was reached. The charge reads: "That you, Ogundele Adeseye, sometime in July 2018 or thereabouts in Ilorin within the jurisdiction of this honourable court by means of fraudulent trick that you are a white Caucasian and interested in having a relationship, obtained the cumulative sum of $500 (Five Hundred Dollars) in form of iTunes gift cards from one Chase Gliglia, an American Citizen whom you met on  seeking.com  website (sugarbabysite) by chatti

ANAMBRA STATE HOUSE OF ASSEMBLY BAN'S EXPENSIVE FUNERALS.

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     The Anambra State House of Assembly has outlawed expensive funerals in the state by passing the bill entitled a Law To Control Burial/Funeral Ceremonial Activities in the State, the House said it had become an offence to hold a funeral for more than a day in the state. Before this development, communities had held funerals on an average of three days, but the bill sponsored by the member representing Anaocha II constituency, Charles Ezeani stated that “Burial/funeral control bill is aimed at cutting down the cost of burial activities in the state”. The bill provided that in the event of death, “No person shall deposit any corpse in the mortuary or any place beyond two months from the date of the death, while burial ceremonies in the state shall be for one day.” The law prohibited destruction of property, gunshots, praise-singing, blocking of roads and streets during burial ceremonies in the state. The bill also provided that, “No person shall subject any relation of the

RESCUED: DIRECTOR OF LAGOS STATE FIRE SERVICE AND 6 OTHERS ABDUCTED RESCUED UNHURT.#PRESS RELEASE.

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       The Director of Lagos State Fire Service, Rasaki Musibau, and six others kidnapped on the 6th of April, 2019 at about 8.00pm, in Ketu-Ereyun, Ikorodu have been released by their abductors unhurt. According to a statement released by the Police Public Relations Officer, Lagos State, DSP Bala Elkana, the victims who were released at exactly 11:45pm have since reunited with their families. The Statement added that the Lagos State Police Command's Tactical teams are still in the creeks and forests combating the hoodlums and had also put in place security surveillance across the State to forestall future occurrence. The Command deeply appreciate the support of Lagos State Government and the good people of Lagos State who identified with force and also provided useful information that facilitated the prompt rescue of the victims. "Together we will continue to make Lagos State one of the safest states in Nigeria," The PPRO stated. It should be noted that t

TROOPS AMBUSH BOKO HARAM TERRORISTS, RECOVER ARMS AS THEY ATTEMPT TO ATTACK DAMATURU.[PHOTOS}.#PRESS RELEASE.

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      Following credible information of planned efforts by Boko Haram terrorists to attack Damaturu, troops of Sector 2, Operation LAFIYA DOLE, successfully laid an ambush which led to the extermination of many Boko Haram Terrorists (BHTs), that attempted to attack Damaturu, Yobe State at about 5:15 pm, today Tuesday the 9th of April 2019. The vigilant troops effectively ambushed the criminals few metres ahead of Maisandari community at the outskirts of the city of Damaturu. The terrorists were overwhelmed by the superior fire power of the gallant troops and the well coordinated air support, from the Air Component of Operation LAFIYA DOLE. Consequently, many terrorists met their waterloo, some were also wounded and the following items/equipments were recovered; a. 2 x Gun Trucks b. 2x Anti Aircraft Guns c. 1 x 60 Millimetre Mortar d. 4 x AK 47 Rifles e. 1x General Purpose Machine Gun f. 1,245 Rounds of 7.62 mm (NATO) Troops have embarked on hot pursuit of the fleeing terroris