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Showing posts from March 3, 2021

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

COURT SENTENCES DRIVER TO 9 MONTHS IMPRISONMENT AS OYEYEMI VOWS TO END KNOCKDOWN AND ASSAULT ON PATROL OPERATIVES.{PHOTO}.#PRESS RELEASE.

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  An Upper Area Court, sitting in Wannune,Tarka LGA, of Benue State, presided over by Aaga Torkaa ,Esq has on Wednesday 3rd March, 2021, convicted a road traffic offender whose name was given as Mr Suaga J Terkumbur for assaulting an operative of the Federal Road Safety Corps diligently carrying out his lawful duty along Wannune - Gboko Road on 9th January 2021. The offender who was convicted on a 3 count charge resulting to bagging nine (9) months imprisonment was handed an option of fine amounting to the sum of N9,000.00. The Upper Area Court also gave Mr Torkaa other conditions for bail, including the payment of the sum of N25,000.00 being the medical bill accrued as a result of the the injuries he inflicted on the Marshal Operative during the assault, and another sum of N5,000.00 as compensation for the uniform of the Staff that he tore. The Court also ruled that the offender’s impounded vehicle should only be released by FRSC after duration of 30days from date of judgment after

VETERAN ACTOR SADIQ DABA PASSED AWAY TODAY.{PHOTO}.#RIP

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  Veteran actor Sadiq Daba, who became a household in Nigeria for his role as Bitrus in the NTA drama series  Cock Crow at Dawn,  has died. He died on Wednesday evening at his Marwa Garden residence in Alausa, Lagos State. “Yes, he is dead. May his soul rest in peace,” an actor close to him said in a message to this online newspaper. Mr Daba had been ill with leukemia and prostate cancer for years before his death He reached out to the public for financial assistance for medical treatment in October 2019. This plea came three months after billionaire businessman, Femi Otedola, announced he would take over the medical expenses of the actor who had been diagnosed with chronic obstructive pulmonary disease (COPD). President of Women Arise for Change Initiative, Joe Okei-Odumakin, disclosed in an Instagram post that Daba’s health has taken a nosedive. “We use this medium to appeal to you, our great people to lend a helping hand to our ailing TV Personality. “May your love for our fellow hu

A NEW STATUE OF QUEEN ELIZABETH INSTALLED IN SOUTH AUSTRALIA.{PHOTOS}.

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A new statue of The Queen by sculptor Robert Hannaford AM (Member of the Order of Australia) has been installed at Government House in Adelaide, South Australia. Her Majesty virtually unveiled the statue during a video meeting earlier last week with the Governor of South Australia, His Excellency the Hon. Hieu Van Le and the Premier Steven Marshall. The Queen also received an update on the region’s Covid-19 response and the lifting of restrictions in South Australia. Her Majesty, as Head of the Commonwealth, has visited Australia 16 times over her reign.More photos below.

WE MUST NOT ALLOW CRIMINAL ELEMENTS TO OVERRUN NIGERIA - SHEMA,EX-GOVERNOR OF KATSINA STATE.{PHOTOS}.#PRESS RELEASE.

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  Former Governor of Katsina State, Ibrahim Shehu Shema has called on all Nigerians to sink their differences and work together against insurgents who have continued to threaten national peace and unity. He made the call before inaugurating the reconstructed Chief Ferdinand Alabaraba Crescent and Opobo Crescent in GRA Phase 2, Port Harcourt, Rivers State on Wednesday. Shema who was Governor Nyesom Ezenwo Wike special guest, said most Nigerians have become preoccupied with their disagreement in the political sphere and seem to have ignored the danger criminal elements posed to national life if they are allowed to have a field day. "Nigeria must come together in this period of insecurity. We must not give the bandits, the kidnappers and the Boko Haram the opportunity to have a field day while Nigerians are fighting and arguing with each other. "We must come together, join hands together for the purpose of Nigeria and Nigerians. My word of caution here is that we cannot allow

EFCC ARRAIGNS WOMAN FOR MONEY LAUNDERING.{PHOTO}.#PRESS RELEASE.

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  The Economic and Financial Crimes Commission, EFCC, Benin Zonal Office on Wednesday March 3, 2021 arraigned one Hope Aroti before Justice Emeka Nwite of the Federal High Court sitting in Warri, Delta State. Aroti was arraigned on a four count charge bordering on conspiracy to commit money laundering. Arotu is alleged to have used her bank account to receive over N6million of illicit fund from her co-defendant. One of the counts reads: “that you Hope Aroti (F) and Oreva Oghenevokwe Emmanuel, sometimes in June 2019 at Warri within the jurisdiction of this Honourable Court did commit felony to wit: conspiracy to commit money laundering and thereby committed an offence contrary to Section 8(a)of the Money Laundering (Prohibition) Act, 2011 (as Amended) and punishable under Section 15(2)of the same Act”. The defendant pleaded ‘not guilty’ to the charge, prompting the prosecution counsel, Francis Jirbo to ask the court to fix a date for trial and remand the defendant in custody. Attemp

COURT CONVICTS PONZI SCHEME OPERATOR IN KANO,ORDERS RETURN OF N110M TO VICTIMS.{PHOTO}.#PRESS RELEASE.

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  Justice Lewis Allagoa of the Federal High Court, Kano on March 2, 2021 convicted one Maryam Abu Shinga on one count amended charge of retention of proceeds of crime. She was also ordered to pay the sum of N110, 000,000 in restitution to victims The convict was said to have lured her victims into a phony gold mining investment where she represented that the investor stands to earn 300% profit. She claimed that when an investor invests N500, 000, such investor could earn N1, 500,000 (One Million Five Hundred Thousand Naira Only) as returns on investment over a period of 4 weeks. Investigation, however, revealed that the convict was never into gold mining or any such investment. It was also discovered that even though Shinga was able to pay some early investors with funds taken from later investors, she allegedly diverted N394,541,910 (Three Hundred and Ninety-four Million, Five Hundred and Forty-one Thousand, Nine Hundred and Ten Naira) belonging to several other investors. Upon arraig

PRESIDENT BUHARI CONDOLES WITH GOV ABUBAKAR ATIKU BAGUDU OVER PASSING OF YOUNGER BROTHER+PRESIDES OVER FEC MEETING TODAY.{PHOTOS}.#PRESS RELEASE.

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  President Muhammadu Buhari commiserates with Gov. Abubakar Atiku Bagudu of Kebbi State over the loss of his brother, Shehu Bagudu, praying that the family will find solace in the teachings of the Holy Book of Islam on fate. The President sends condolences to the immediate family of Shehu, his friends and associates, noting that the sad incident had created a gap that will be difficult to fill, but faith in God will continue to assuage the pain. President Buhari prays that the Almighty God will grant the deceased Aljannat Firdaus, and comfort his family. Garba Shehu Senior Special Assistant to the President (Media & Publicity) March 3, 2021. President Buhari presides over Federal Executive Council (FEC) Meeting in State House on 3rd Mar 2021.More photos below. +3