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Showing posts from November 17, 2022

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

MARWA CHARGES STAKEHOLDERS ON TACKLING DRUG ABUSE AMONG NIGERIAN YOUTHS. (PHOTOS).#PRESS RELEASE.

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Marwa charges stakeholders on tackling drug abuse among Nigerian youths . Hails UNODC, EU, ECOWAS for training on controlled delivery for NDLEA officers, others Chairman/Chief Executive Officer of the National Drug Law Enforcement Agency, NDLEA, Brig. Gen. Mohamed Buba Marwa (Retd), CON, OFR, has charged parents and other stakeholders to rise up to the challenge of ensuring that illicit substances are kept away from young Nigerians, warning that complacency is capable of compromising the bright future ahead of the youth population. Marwa who spoke at Sheraton Hotel, Lagos, venue of the Realnews Magazine 10th year anniversary lecture on Thursday 17th November said let me leave us with a thought-provoking submission about the danger of complacency in tackling drug abuse among youth. By 2030, demographic factors project the number of people using drugs to rise by 11 per cent around the world, and as much as 40 per cent in Africa alone. This is an early warning that we should all take seri

NBA PRESIDENT,YAKUBU MAIKYAU,OON,SAN HOSTS PRESIDENT OF COMMONWEALTH LAWYERS ASSOCIATION,BRIAN SPEERS. (PHOTOS).#PRESS RELEASE.

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NBA President, Yakubu Maikyau,OON,SAN hosts President of Commonwealth Lawyers Association, Brian Speers. Mr. Brian Speers who is on a 1-day visit to Nigeria is the President of the Commonwealth Lawyers Association(CLA). He was hosted by a delegation led by the President of the Nigerian Bar Association, Yakubu Chonoko Maikyau,OON,SAN. He was welcomed with a private dinner and brainstorming session on Wednesday night with the NBA President and a former President of the NBA, Augustine Alegeh,SAN among others. Later yesterday, Thursday 17th November, 2022 The NBA President led the delegation and guest on a Courtesy call to the National Industrial Court(NICN) Headquarters where they were received by the President of the NICN, Justices of the NICN and other Principal officers. The delegation included the General Secretary of the NBA, Adesina Adegbite,FICMC and the Assistant Publicity Secretary, Charles Ajiboye among others. The delegation then proceeded to the Court of Appeal where they were