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Showing posts from January 29, 2020

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

EFCC ARRAIGNS EX-KWARA FINANCE COMMISSIONER FOR MONEY LAUNDERING.{PHOTO}.#PRESS RELEASE.

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        The Ilorin Zonal Office of the Economic and Financial Crimes Commission, EFCC on January 29, 2020 arraigned the immediate past Commissioner for Finance in Kwara State, Ademola Banu before Justice Babangana Ashigar of Federal High Court, Ilorin on charges bordering on money laundering. . . Banu was arraigned alongside Travel Messenger Company Limited and one Olarewaju Adeniyi on a nine-count charge. . . The EFCC alleged that the defendants conspired among themselves to launder the sum of N411million belonging to the Kwara State Government.

COURT JAILS EX-BANKER TWO YEARS FOR N2M IN ENUGU.{PHOTO}.

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       The Enugu Zonal Office of the Economic and Financial Crimes Commission, EFCC, on Monday, January 27, 2020, secured the conviction of a former banker, Emeka Anyaegbunam, who was sentenced to two years imprisonment by Justice V. Nwoye of Enugu State High Court, Onitsha, Anambra State on one-count charge of forgery, criminal diversion of fu nds and obtaining money by false pretence. Anyaegbunam, who worked with a new generation bank, was arraigned on February 1, 2018 for cashing on the gullibility of a client who asked him as his account officer to acquire a federal government treasury bill to the tune of N2, 000,000 (Two Million Naira) for him, which he never did, but rather forged signatures of some of his senior colleagues and using same to fill the Treasury Bill Certificate of the complainant, and subsequently withdrew monies from the said account. The convict, investigation revealed, transferred the withdrawn sums from time to time to his personal accounts and that of his c

MOTHER,SON BAG 12 YEARS JAIL TERM FOR $82,570 INTERNET FRAUD.{PHOTOS}.

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     Justice Chukwujekwu Aneke of the Federal High Court, Ikoyi, Lagos, on Tuesday, January 28, 2020, convicted Damilola Ahmed Adeyeri and his mother, Alaba Kareem Adeyeri, on a four-count charge of conspiracy and obtaining money under false pretence to the tune of $82, 570. 00, (Eighty Two Thousand Five Hundred and Seventy, US Dollars.), preferred against them by the Economic and Financial Crimes Commission, EFCC. The  convicts were arrested following a petition from the Federal Bureau of Investigation against Damilola Adeyeri and others now at large on an alleged case of conspiracy, obtaining under false pretence, money laundering and computer-related fraud. Armed with the petition, the operatives of the Commission immediately swung into action and upon investigations found out that his mother was an accomplice in the crime. Idi Musa, an investigator with the EFCC, while being led in evidence narrated to the court that sometime in April 2019, that the Commission received a pe

EFCC ARRESTS LANDLORD FOR PROVIDING SHELTER FOR 10 INTERNET FRAUDSTERS.{PHOTOS}.#PRESS RELEASE.

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     The Ibadan Zonal Office of the Economic and Financial Crimes Commission, EFCC, on Wednesday, January 29, 2020, arrested a 33-year-old landlord, Stanley Ejike Awam and 10 of his tenants, who are suspected to be internet fraudsters hibernating in his house. Awam was apprehended for allegedly providing shelter for the suspected internet fraudsters while the 10 suspected internet fraudsters popularly known as  Yahoo Boys were picked up at different locations of the Ibadan metropolis following intelligence on their alleged illegal activities. The 10 suspected internet fraudsters arrested at the premises of the six-flat bungalow is the landlord are: Henry Echefu, Usman Mustapha, Adeleke David, Olafuyi Josiah, Shorefire Ayokunmi, Riliwan Ajao, Abulsalam Abubakar and Lukeman Salam. Others are Adeyemo Muktarh and Bashir Mohammed.More photos below.

SENATOR ABARIBE’S CALL ON PRESIDENT BUHARI TO RESIGN IS FOOLISH.#PRESS RELEASE.

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       President Buhari to resign on what basis? Just because some characters think that President Buhari should resign, then they expect him to quit. That call does not represent the opinion of the country. This is the opinion of an arm chair critic, known for making stray comments. If a leader like President Buhari needs to resign, there are millions of other Nigerians who need to resign, including Senator Abaribe who unlocked the door to enable the escape of traitorous and treasonable suspects. He signed the bond for the court to release Nnamdi Kanu on bail, from which moment the suspect disappeared into the thin air. Senator Abaribe has failed repeated deadlines to return Kanu to the court for trial, yet he has the effrontery with which to accuse someone of failing to the bidding of the law. This is a man who should have replaced the suspects he failed to produce in the correctional facility. Abaribe’s party raped the nation and left it collapsing in 2015 and Pres

HISTORY AS LAGOS RAISES N100 BILLION BOND TO FINANCE INFRASTRUCTURE.{PHOTOS}.#PRESS RELEASE.

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      Lagos State Government has opened a new chapter in its stride towards attaining self-sustenance in finance and governance. Governor Babajide Sanwo-Olu on Wednesday, signed documents for the issuance of N100.33 billion bond, which the State raised from capital market to fund infrastructure and pressing capital projects. At a signing ceremony held at the Banquet Hall at the State House in Alausa, Governor Sanwo-Olu, investors and issuing parties put the final ink on the over-subscribed Series Three Bond Issuance of N100 billion, which was issued and raised by the State under its N500 billion Third Bond Programme approved four years ago. The Governor, who was visibly excited by the financial intervention, declared the moment as “historic and new journey” for the State in its drive to provide requisite infrastructure to catalyse its economy, saying it was the largest bond programme ever embarked on by any sub-national entity in the country. Sanwo-Olu said: “We have embarked on

NOVEL CORNAVIRUS: CHINESE GOVERNMENT COLLABORATES WITH LASG AGAINST SPREAD.{PHOTOS}.#PRESS RELEASE.

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        Lagos State Commissioner for Health, Prof. Akin Abayomi has said that the Chinese government through her embassy in Nigeria is working with Lagos State Government to prevent the entry of Corona Virus into the State. Abayomi who disclosed this today while giving update on the State government’s level of preparedness to prevent or contain any possible entry of the disease as well as other infectious diseases into Lagos said the areas of cooperation includes the issuing of advisory on travel between China and Lagos and self-quarantine of persons coming in from China and other endemic countries especially from South-East Asia to Lagos. The Commissioner noted that the Chinese government has sent notification to her citizens to remain in China until there is clarity about the spread of the infection, adding that the Chinese government has also instructed that their citizens who choose to return to Nigeria should be self-quarantined for 10 to 14days. In his words, “We are very

INSECURITY: BUHARI'S ''SURPRISED'' COMMENT SHOWS HE IS OVERWHELMED,HAS NO SOLUTIONS-PDP BACKS CALLS FOR HIS RESIGNATION.{PHOTOS}.#PRESS RELEASE.

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       January 29. 2020 Press Statement The Peoples Democratic Party (PDP) has described the comments by President Muhammodu Buhari expressing surprise at the heightened insecurity across the country as defeatist, demoralizing and traumatizing. The PDP states that by this comment, President Buhari has displayed a disheartening dereliction of duty, directly admitted that he is overwhelmed and lacks the required capacity to articulate and implement any solutions to the escalated insurgency, banditry, kidnapping, bloodletting and increased wave of violence under his administration. Our party holds that such a statement from a Commander-in-Chief, who promised to lead from the front, is distressing as it further exposes an abdication of duty and shows that Mr. President is not even abreast of his major task in governance which is the security of lives and property. The PDP is particularly worried over this apparent display of leadership failure as Mr. President ought to be

IMO ASSEMBLY: DEFECTORS HAVELOST THEIR SEATS-PDP.{PHOTOS}.#PRESS RELEASE.

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        January 29, 2020 Press Conference The national leadership of the Peoples Democratic Party (PDP) has received reports that some members of the Imo state House of Assembly elected on the platform of our great party, have decided to abdicate the mandate they hold on the pedestal of our party, to defect to the All Progressives Congress (APC), ostensibly for their very selfish gains. The PDP describes such action as unpatriotic and an unpardonable betrayal of the people of their respective constituencies who chose and identified with the ideal and visions of the PDP as the platform for their representation at the state assembly. The defectors have indeed shown absolute lack of character, failure of leadership capacity in moments of challenges and absence of faith to stand with the people in their most trying moment, but are easily bought by personal pecuniary and political interests. The PDP holds that these defectors are fully aware of the grave implication of their act

RESIGN NOW,YOU CAN'T SECURE NIGERIANS-SEN ABARIBE TO PRESIDENT BUHARI.{PHOTO}.

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      The Senate Minority Leader, Senator Enyinnaya Abaribe, has called on President Muhammad Buhari and the All Progressives Congress, APC, to resign as the security situation of the country continues to deteriorate. The senator representing Abia South in the red chamber made the call while speaking on the floor of the Senate on the Motion entitled, ”Nigerian Security Challenges: Urgent need r estructure, review and reorganise the current Security Architecture.” The Senate Leader, Senator Yahaya Abdullahi, of the All Progressives Congress, APC, Kebbi North moved the Motion and it was co- sponsored by all the Senators. Speaking after the Senate leader who moved the motion, Abaribe warned that Nigerians are coming with stones to chase out the government since it has faiied in all its ramifications to protect lives and property against the backdrop that the government had once asked the people to stone it if it fails to perform. In his words, Abaribe said: “We did not vote the

FG APPROVES N33,000 MONTHLY ALLOWANCE FOR CORPS MEMBERS.{PHOTOS}.

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      By Channels Television The Federal Government has approved the payment of N33,000 as monthly allowance for members of the National Youth Service Corps (NYSC). The Director-General of NYSC, Brigadier General Shuaibu Ibrahim, disclosed this during a session with some corps members at the service’s Bauchi State Secretariat. Brigadier General Ibrahim, who was on a working visit to the state, cleared the air on the amount approved as monthly allowance for corps members. He explained that the approval was made in line with the implementation of the new National Minimum Wage by the Federal Government. Ibrahim noted that contrary to the various amounts being circulated on social media, the sum of N33,000 had been approved as the new rate. He stressed that provision had been made for the new allowance in the year 2020 Budget, adding that payment would commence as soon as funds were released by the appropriate authorities. The NYSC boss advised the corps members to be security conscious

PRESIDENT BUHARI CONGRATULATES GOVERNOR WILLIE OBIANO ON KNIGHTHOOD.{PHOTOS}.#PRESS RELEASE.

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      President Muhammadu Buhari heartily felicitates with Governor Willie Obiano of Anambra State on his recent honour as Knight Commander in the Order of St. Gregory the Great by Pope Francis. The President trusts that the award which is given to those who, by their service, have shown extraordinary love for Jesus Christ and His Church, will inspire Governor Obiano to remain steadfast and absolutely dedicated to  the well-being of the people. As a public office holder who is also passionate about his faith, President Buhari extends his best wishes to Governor Obiano as he assumes another responsibility of service to God and humanity. Femi Adesina Special Adviser to the President (Media & Publicity) January 29, 2020. One more photo below.

SURVIVING SUICIDAL THOUGHT WITH EMOTIONAL INTELLIGENCE BY EBERE FLORENCE NNANWUBE.{PHOTOS}.

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      If everyone agrees that the recent recurrent suicide rate among Nigerian youths has become a social concern, then we should also agree that a tenable solution to this menace lies in teaching undergraduate students the art of managing their emotions by cultivating emotional intelligence. It is on record that many youths, especially tertiary institution undergraduates, do not know how to handle critical life issues like relationship break ups, rejection by peers, exam failures, gang bullying, drug use and abuse, rape, amongst others. Emotional intelligence, also called Emotional Quotient (EQ) concerns being able to understand, use and manage one’s emotions in positive ways in order to obtain positive outcomes such as relieving stress, communicating effectively, empathizing with other people, overcoming challenges and diffusing conflict. EQ plays out in four major attributes, namely: self-management, self-awareness, social awareness, and relationship management. Self-management:T