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

EX- PRESIDENT ZUMA INVOLVED IN A CAR CRASH+ HIS BARRED FROM FROM MSY ELECTION. (PHOTOS).

-

 


Ex-President Jacob Zuma was involved in a car crash last night at around 18:40 pm.


Apparently a 51 year old drunk driver was responsible for the crash , where he turned into President Jacob Zuma's convoy. 


His daughter Duduzile Zuma says President Jacob Zuma woke up in good spirits today and went for a church service in eNkandla. 


SECOND STORY:

South Africa’s Electoral Umpire Bars Ex-President Zuma From May Election


South Africa’s electoral commission said on Thursday it had excluded former president Jacob Zuma from standing in the May 29 general election.


“In the case of former president Zuma, yes, we did receive an objection, which has been upheld,” commission president Mosotho Moepya told reporters, without giving details.


“The party that has nominated him has been informed” as have those objecting to the move, he added.


The decision can be appealed if lodged before April 2.


Zuma, 81, was forced out of office in 2018 under a cloud of corruption allegations.


He is campaigning for the opposition uMkhonto we Sizwe (MK) party in an attempt to relaunch his career and weaken his former party, the ruling African National Congress (ANC).


The general election, after which the victor will appoint a president, is set to be tense.


The ANC is on the brink of dropping below 50 percent of the vote for the first time since it came to power at the end of apartheid.


That would force the party once led by Nelson Mandela to form a coalition to stay in office.


The ANC is bleeding support amid a weak economy and allegations of corruption and mismanagement.


The electoral commission said in a statement that under the constitution “any person who was convicted of an offence and sentenced to more than 12 months imprisonment without the option of a fine” cannot stand in an election.


Zuma was sentenced to 15 months in jail in June 2021 after refusing to testify to a panel probing financial corruption and cronyism under his presidency.


Besides his 2021 contempt conviction, he is facing separate charges of corruption in an arms procurement scandal in the 1990s, when he was vice president.

More photos below. 


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