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Showing posts from June 14, 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

V.P. OSINBAJO, ABIODUN EULOGIZE LATE PA OSIPITAN.{PHOTOS}.#PRESS RELEASE.

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      The Vice President of Nigeria, Professor Yemi Osinbajo has described late legal luminary and politician, Chief Jonathan Adebayo Osipitan as one of the pillars of the legal profession, who exemplified the values and ethics of the profession until his death. Professor Osibajo who stated this at the final burial ceremony of Chief Osipitan, at the St. Luke's Anglican Church, Oru-Ijebu, said the deceased love for the law profession and  his commitment to integrity, forthrightness and the ethics of the profession was highly commendable. He appreciated the high values which the late legal luminary established through his law firm, saying that the values left behind has been maintained over the years by younger generations of lawyers, commending the children for sustaining the values. In his remark, the Ogun State Governor, Prince Dapo Abiodun, described late Chief Osipitan as a thorough breed christian whose contributions in the areas of law and politics would stand a test

PRESIDENT BUHARI UNVEILS BOOK & TOURS EXHIBITION TITLED 'BEING BUHARI'' BY HIS PHOTOGRAPHER TODAY.{PHOTOS}.#PRESS RELEASE.

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      President Buhari unveils Book and tours Exhibition titled Being Buhari by his Official Photographer Bayo Omoboriowo as part of 2019 Democracy Day Celebration in State House Book Launch and Exhibition 1: President Buhari and wife Aisha with Vice President Yemi Osinbajo and wife Dolapo alongside Book Author Bayo Omoboriowo as he unveils special coffee table book titled Being Buhari as part of 2019 Democracy Day Celebration in State House.More photos below.

HERBALIST ARRAIGNED TODAY FOR IMPERSONATING THE GROUP MD OF NNPC.{PHOTO}.

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      The Economic and Financial Crimes Commission EFCC, Ilorin Zonal Office has arraigned a 31-year-old herbalist, Jamiu Isiaka on a four-count charge in a Kwara State High Court, before Justice M. Abdulgafar for impersonating the group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr Maikanti Baru and the special adviser to the president on Media and Publicity, Mr. Femi Adesina and duping  a Korean national in the process. The suspect, with others at large,allegedly used the names of the senior government officials to scam a South Korean national, Keun Sig Kim to the tune of N30million (Thirty Million Naira) under a false pretence of securing for him an NNPC approval/marketing form and license certificate to buy crude oil in Nigeria. According to Kim, "I transferred Four Thousand, Two Hundred and Eighty-five United States Dollars, Seventy-one cents only to the United Bank of Africa, account number 2107575870 in the name of one Jamiu Isiaka, an ass

NAF RECRUITMENT EXERCISE IS FREE OF CHARGE.{PHOTO}.#PRESS RELEASE.

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        Information reaching the Nigerian Air Force (NAF) indicates that some unscrupulous individuals are extorting money from unsuspecting applicants/candidates under the false impression that they can guarantee their eventual recruitment into the Service in the ongoing 2019 NAF Trades/Non-trades Men and Women Recruitment Exercise. The NAF wishes to reiterate that the entire NAF Recruitment process is completely FREE OF CHARGE and execut ed in an equitable and transparent manner. Applicants are NOT required to pay money to anyone for any purpose throughout the process. Accordingly, the general public, and especially applicants, are strongly advised NOT to have any dealings with anyone demanding money as a guarantee for recruitment into the Service, as no applicant is required to make any payments to any individuals or bank accounts at any time during the recruitment process. The NAF, while taking action to apprehend the perpetrators of the illegal activities, wishes to advise ap

SANWO-OLU INCREASES LASTMA OFFICERS' ALLOWANCE,WARNS AGAINST CORRUPTION,HARASSMENT.{PHOTOS}.#PRESS RELEASE.

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      Lagos State Governor Mr. Babajide Sanwo-Olu has announced one hundred percent increase in the allowances of Lagos State Traffic Management Authority, LASTMA officials to encourage and motivate the workers in the performance of their duties and also in fulfilment of his vision to make traffic management and transportation number one priority in his administration. Governor Sanwo-Olu made this announcement on Friday during an interactive session with staff of the agency when he paid an official visit to the operation's Headquarters at Oshodi, Lagos. Speaking on the need to motivate the workforce, the Governor said LASTMA officials will start to earn new allowances by the end of the end of July, this year. According to him, the gesture is to encourage the officers to improve on their performances as they go out day and night to rid the State of traffic gridlocks. “As from the end of the month of July, we shall increase your allowances by 100 per cent. That means if you ar

APAPA GRIDLOCK: PRESIDENTIAL TASKFORCE GETS 2 WEEKS EXTENSION TO COMPLETE ASSIGNMENT- PRESIDENCY.#PRESS RELEASE.

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      OFFICE OF THE VICE PRESIDENT   PRESS RELEASE The Federal Government has extended by two weeks, the time given the Presidential Taskforce on the Apapa traffic gridlock to resolve the matter following a request for extension by members of the taskforce and other stakeholders. Vice President Yemi Osinbajo, SAN, approved the extension at a meeting of the Presidential Taskforce with stakeholders held at the Presidential Villa, earlier in the week. The taskforce which commenced its assignment on May 24 had up to June 7 to complete the assignment, but is now expected to present a formal report at the end of its extended mandate on June 24. The presidential directive was issued for the clearing up of the Apapa gridlock and the restoration of law and order to Apapa and its environs within 2 weeks. The directive followed an emergency meeting convened by President Muhammadu Buhari and chaired by Vice President Yemi Osinbajo, SAN, on the 25th of April, 2019. While the Vice Pres

COURT REMANDS FAKE EFCC'S EMPLOYMENT OFFICER IN PRISON CUSTODY.{PHOTOS}.#PRESS RELEASE.

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      Justice J.K. Omotosho of the Federal High Court sitting in Port Harcourt, Rivers State has remanded Bisong James Oyen, a fake employment officer of the Economic and Financial Crimes Commission, EFCC, in prison custody. Oyen was arraigned by the EFCC, Port Harcourt’s Zonal Office on Thursday, June 13, 2019 on a two-count charge bordering on forgery and obtaining money by false pretence contrary to Section 1 (2) (c) of the Miscellaneous Offences Act CAP M17 of the Revised Edition (Laws of the Federation of Nigeria) 2007, and punishable under Section 1 (2) of the same Act. One of the count charges read: “That you, Bisong James Oyen, on or about 11th December, 2018 at Port Harcourt, Rivers State within the jurisdiction of this honourable Court did forge Economic and Financial Crimes Commission Appointment letter and delivered same to Talbort Young for employment with intent that it may be acted upon as genuine, a pretext which you knew to be false and thereby committed an offenc