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

A.G, SHOULD PROSECUTE STATES THAT FAIL TO PSY MINIMUM WAGE- FALANA. (PHOTO).

-


 Attorney General Should Prosecute States That Fail To Pay Minimum Wage – Falana


A human rights lawyer Femi Falana has called on the Attorney General of the Federation to sanction states that fail to pay the current N30,000 minimum wage. 


He said since the payment of the minimum wage is an agreement entered into freely, state governments unable to honour such a deal are breaching the law.


“Once a new agreement, a new minimum wage becomes the law of the country. The Federal Government has a duty, and the Attorney General of the country has a duty to drag any state government that does not pay to court,” he said on Tuesday. 


“I mean, the attorney general can just file a new case, which is a good development, by saying over the years, we have accused state governments of diverting monuments for local governments.”


Since the removal of fuel subsidy and the floating of the naira calls for a new minimum wage have reached new highs as the cost of living skyrocketed in the country.


Despite several meetings, the Federal Governments and labour unions have not agreed on a new minimum wage. Frustrated by the development, workers downed tools on Monday, grounding economic activities in critical sectors.


But Falana believes that since states have more money after the subsidy removal, they cannot claim a lack of funds to pay the minimum wage.


“There is no state in Nigeria today that cannot pay more than the minimum wage because the government removed fuel subsidy last year and told Nigerians that the money made from that policy shall be [paid to state governments] ” the legal practitioner said.


Falana says state governments will be compelled to pay the minimum and he is pushing for the deduction of workers’ salaries from the source.


“I heard you earlier. Oh, some people cannot pay N30,000 minimum wage. It shouldn’t be coming from the government because that is an admission of illegality,” Falana said.

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