INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

-
Image
  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
Post a Comment

LP OUTSMARTS PDP AGAIN AS PRINCIPAL OFFICERS EMERGE IN ABIA ASSEMBLY. (PHOTO).

-


LP outsmarts PDP again as principal officers emerge in Abia Assembly

New principal officers have been elected in the Abia State House of Assembly.

The Speaker of the House, Emmanuel Emeruwa who announced the names of new principal officers during Friday’s sitting, named Uchenna Okoro representing Arochukwu constituency, as the Majority Leader.

This was done after the member representing Osisioma Ngwa North, Iheanacho Nwaogu and Ahuama Fyne of Osisioma Ngwa South constituency, both of Young Progressives Party, YPP and Akaliro Anderson of the All Progressives Congress APC, aligned with the ten members of the Labour Party to form the required majority in the house.

Speaker of the Assembly, Emmanuel Emeruwa who announced the names of the new principal officers, informed the members of the house that with the understanding reached between the other two political parties, it was pertinent to announce the house leadership.

He announced Destiny Nwagwu Aba North State constituency as Deputy Majority leader, Emeka Obioma Umuahia South as Chief Whip and Iheanacho Nwaogu Osisioma Ngwa North constituency as Deputy Chief Whip.

There was no announcement for a Minority Leader.

The speaker went further to read the letter from the Executive Governor informing the House of the list of nineteen commissioner designates for screening and approval.

He further set up an adhoc committee led by Chinasa Anthony, member Representing Umuahia Central to screen the Commissioner nominees before for screening and approval.

But the position of the Minority Leader was not announced by the House, even when the PDP still had ten elected members.

Of the principal offices announced, the PDP which is the major opposition party in the State did not occupy anyone, raising eyebrows about the relevance of the party in the business of the House, even as an opposition party.

Apart from this, PDP which has eleven members, including many senior members, could not strike a deal with the three House members of APC and YPP extraction.

Rather, the ruling party, LP had its way again by lobbying the YPP and APC legislators to round up its control of the 8th Abia House of Assembly.

With the development, Abia State House is in firm control of LP.


 

Comments

Post a Comment

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma Automobil
Read more

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).

-
Image
  SSANU, NASU threaten strike over withheld salaries The Joint Action Committee of the Senior Staff Association of Nigerian Universities and the Non-Academic Staff Union of Educational and Associated Institutions have threatened to disrupt industrial peace in universities should the government fail to release the withheld salaries of members. The salaries were seized by the administration of former President Muhammadu Buhari during their strike in 2022. The unions, in a joint letter signed on Friday by the President of SSANU, Muhammed Ibrahim and General Secretary of NASU, Peters Adeyemi, questioned the rationale with which the government released four months withheld salaries to members of the Academic Staff Union of Universities but failed to release the withheld salaries of non-academic staff. The unions noted that they would no longer be able to assure the government of industrial peace in universities should the amounts owed by the government are not released. Earlier, the unions
Read more