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Wednesday 6 July 2016

MESSI HANDED 21 MONTHS JAIL TERM FOR TAX FRAUD.

Argentina and Barcelona football star Lionel Messi has been
sentenced to 21 months in jail for alleged tax evasion. His father
Jorge Messi, was also handed similar sentence of a jail term for
defrauding the Spanish government of €4.1 million.
They also face millions in fines for using secret tax havens in
other countries for tax evasion. However , the both will probably not
serve any sentence, because in Spain, jail sentences under two years
can be served under probation instead. So neither man is expected to
spend any time in jail.
The footballer and his father were slapped with a three count
charge bordering on tax evasion and concealing their income. Messi and
his father were fined a total of €3.5 million.
The player's club Barcelona, have expressed their support for
their star player, insisting on his innocence.
"FC Barcelona expresses its full support to Leo
Messi and his father in relation to the conviction
for tax fraud...
"The club... considers that the player, who has
corrected his position with the Spanish tax office,
is in no way criminally responsible with regards to the facts
underlined in this case."
bbc.com
The trial for the case began in april, and Messi a five time world
player of the year said he did not know anything. He said he only
signed papers without reading them because he trusted his father to
manage his finances properly.
"I was managing football, I knew nothing" he said in a statement that
lasted less than 15 minutes. The footie star said he was "more worried
about playing football". And never saw or suspected any wrongdoings
while signing documents.
The trials began on 30th of April, and investigations have also
been made regarding his endorsements and image rights with addidas,
Procter and Gamble, Danone, Banco Sabadell and others. There was
evidence that a tax evation scheme involving banks in Uruguay had been
deployed to cheat the Spanish government. Following the ruling of a
High Court in July that the player should not be granted any immunity,
his lawyers have claimed that the player devoted no time at all to
reading the documents.
Lionel Messi just retired from the Argentine national team after
Copa America final loss to Chile. He has been the world best player on
five occasions.
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ANGRY WOMAN USES 6 MONTHS OLD BABY AS WEAPON AGAINST BOYFRIEND.

An 18 year old nursing mother pulled the most unthinkable stunt by
using her six month old son as weapon to fight her boyfriend. This
happened on a Florida beach-Daytona beach around 4:30pm yesterday.
The teenage mother named Tatyana Allen, got into a fight with her
estranged boyfriend and out of blind fury, picked up her son and used
him to attack her boyfriend. The incident was witnessed by people at
the beach.
The Volusia Beach Patrol said she used her child as a weapon,
holding on to the body and used him to beat her boyfriend. And then
she threw the baby down. One of the people who witnessed the scene
immediately called 911.
Over 20 people were around to witness the whole incident, and
witness reports described the baby as a helpless infant. And that
could not even raise his head up when his mother threw him face down.
An excerpt from the call made to 911 dispatch- "The baby was
screaming. It
was face down in the sand. It couldn't hold its head
up by itself, that's how little it was."
bbc.com
Following the fracas, the child has been taken to the hospital and
Allen has been charged with battery and infliction of mental and
physical wounds to her son. She is being held without the option of
bail.
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TRENDING:DRAKE IS NOW AS POPULAR AS MICHAEL JACKSON.

Go Drake! Go Drake!! Go Drake!!!.
Its another week, and with it has come another legendary record only
two have been able to match,and one of them is Drake. The other is pop
legend(deceased) Michael Jackson. Drake is having the year of his
whole career, and has been able to match the record set by M.J back in
the 1980's.
Once again, Drake is topping the billboard chart with the best
song and the best album, and its seven weeks running. The last time
that record was set was in 1983, when Michael Jackson topped the
Billboard chart for seven weeks with the no 1 song(Billie Jean) and
the no1 album(Thrillers). And Drake has been the first to hit a stride
as this, ever since 1992 when, Whitney Houston ruled the charts for 12
solid weeks(only the beetles have done that).
On this particular week, Drake is ruling the charts with his
song "views" and his album-"One dance". Drake's "views" has led the
charts for a stretch of nine weeks, while his album "One dance" has
been no 1 on top hot 100 for seven weeks. Should be eight anyway, but
he was dethroned for a week by Justin Timberlake.
Drake and Michael Jackson are the new record holders as the only
two males to top the charts for. Seven straight weeks. And its a good
thing for Drake, who is yet to release the video for 'One Dance'.
Drake's 'One dance' features Wizkid and Kyla.
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FUEL SCARCITY TROUBLE: CRISIS AS NNPC STOPS PUMPING FUEL TO DEPOTS.

The Nigerian National Petroleum Corporation (NNPC) has stopped
pumping fuel to its depots due to attack from militants. The
corporation announced that the move was in a bid to reduce losses from
militant attacks. According to The Punch newspaper, NNPC has stopped
pumping to depots but now sells directly in bulk to oil marketers who
now distribute to the dealers and lower vendors.
This has confirmed reports from sources that the incessant
attacks on oil facilities was weighing down on the capabilities of the
oil sector. And this, may lead to fuel scarcity in some areas in
Nigeria. The Independent Petroleum Marketers Association of
Nigeria(IPMAN) said through their spokesman Dibu Aderigbigbe that the
association was having a difficult time getting the commodity. Due to
the fact that fuel was unavailable at the NNPC dispensing depots.
He said that the NNPC had stopped pumping fuel, because of the
risks of pipeline vandalisation and facilitity bombings. And also the
need to minimise loses as a public body. There were initial reports
that IPMAN could not get fuel from NNPC because their members were
owing the corporation, but Mr. Aderigbegbe, an executive member at
IPMAN said that most of the members
At IPMAN had settled their debts, however that was not the reason for
the scarcity. He insisted that no fuel could be found at NNPC depots.
According to Aderigbigbe, the Ibadan and Mosimi depots are empty,
he also said that NNPC had expressly told them that the product was
not available but however they were now storing fuel in marine tanks
and dispensing to customers. He said that this was not good for the
nation as it could cause unnecessary fuel scarcity and hike.
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TRUMP PRAISES SADDAM HUSSEIN FOR KILLING TERRORISTS.

Republican Presidential candidate Donald Trump
speaks at a rally in Raleigh, N.C., Tuesday, July 5,
2016. (AP Photo/Gerry Broome)


Calls today's Iraq a 'Harvard for terrorism'
In another of his controversial rallies on tuesday, US presidential
candidate praised former Iraq dictator and tyrant Saddam Hussein, a
man who suppressed and impressed his rule on Iraq by force for over
three decades and was widely considered as one of America's topmost
enemies.
However, Trump actually began presenting his views on a good
note, he said "Saddam Hussein was a bad guy, right? He was a really
bad guy" now Trump should have stopped here and concentrated on more
intricate issues, but he went ahead to sour the whole thing. He
continued "But you know what he did well? He killed terrorists. He did
that so well and didn't read the rights to them" And as over 2000
people making up his audience erupted into laughter, he said "Iraq is
now a Harvard for terrorists, you want to learn how to be a terrorist?
Then go to Iraq. Ok? ".
It may not be the first time the highly sentimental presidential
candidate is giving a thumbs up to the rule of past dictators, but his
statements on tuesday have attracted so much attention and mixed
reactions. Some of his colleagues in the republican race have rushed
to create a gap between their ideas and his opinions. Immediately
after the rally, in an interview on Fox News, a house speaker pointed
out the record of Hussein's human rights abuse. Which the dead
dictator had continuously subjected Iraq to. The House Speaker, Paul
Ryan also reminded people that Saddam Hussein was at the top of the
most evil rulers of the 20th century. Who even committed mass genocide
against his own people with chemical weapons. He added that though he
preferred Trump as a President to Hillary, he still would speak his
mind when his colleague said the wrong thing.
Meanwhile, the whole of Hillary's campaign have stood up to
condemn Trump's ideas. Jake Sullivan in a statement said that he could
see the rationale in a US president thumbing up the rule of an evil
dictator. Who paid families to contribute to the course of suicide
bombing. Who hated the Israeli nation, and wished who could step into
the shoes of Adolf Hitler. Jake Sullivan also emphasised that Trumps
twisted mentality about dictatorship could be very dangerous if he
ever gets into power.
In October last year, in a rally, Trump said that "the world would
be 100% percent perfect if dictators like Saddam Hussein, and Gadhafi
were still existing in power". And his statements are a pointer to how
ruthless he could be as a commander-in-chief. "His praise for brutal
strongmen seem to know no bounds".
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Tuesday 5 July 2016

UEFA WARNS WALES' PLAYERS NOT TO BRING THEIR KIDS OUT ON THE PITCH.

Wales' players have been warned not to bring their kids out on
the pitch after during the wednesday match against Portugal in the
Euro 2016 saying "it is not safe".
Fans have been thrilled with touching pictures of Wales players
celebrating the victorious run of the Welsh team with their children.
In the tournament leading to the semi finals. Players including Gareth
Bale, Ashley Williams and Hal-Robson Kanu have celebrated the progress
of the team by bringing out their kids after the matches.
But UEFA says the Euro is a tournament and not a family party.
Adding that bringing children into the pitch could endanger them with
risks of invasion by fans and stadium workers running equipment and
mercenary on the pitch.
Real Madrid striker Gareth Bale started the trend after pictures
of him flaunting his daughter bounced all over the media. Just after
the defeat of Northern Ireland in the last 16 stage of the
competition. And his team mates followed suit, lining up their
children after defeating Belgium.
But they may not have that opportunity in the semis clash against
Portugal. Call it 'uefa's killjoy' attitude. Lol.
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CBN TAKES OVER SKYE BANK, SACKS BOARD MEMBERS.

CBN Governor: Godwin Emefiele
Image:thisdaylive.com
The Central Bank of Nigeria(CBN) has dissolved and partially
taken over the management board at one of Nigeria's commercial
banks-Skye Bank. The Governor of the bank Godwin Emefiele disclosed in
a conference in Lagos on monday that the decision was reached after
CBN realised that Skye Bank Plc had failed to maintain the minimum key
liquidity and adequate capital ratios for a long period. Leading the
bank into a more "unhealthy condition."
Governor Emefiele said that a new board had been appointed for
the bank. The new Managing Director/CEO is Mr. Adetokunbo Abiru, a
Hazard Business School graduate who was the head of the investment
banking unit at FirstBank Plc. His appointment follows the resignation
of Group Managing Director-Timothy Oguntayo and Board
Chairman-Olatunde Ayeni.
The new board chairman is Muhammad K. Ahmad, the Pioneer Director
General of the National Pension Commission.
Governor Emefiele assured those present at the briefing in Lagos
that the appointments were solely to rescue the institution, before
things got to an irreversible point. He also announced the sacking of
all non-executive directors, independent directors,deputy managing
director and a couple of the longest serving executive directors at
the bank. Except for the most recently appointed executive directors,
who were only retained to aid continuity and seamless transition.
According to a report from Governor Emefiele, the 'proactive
moves' had to be taken after Skye Bank Plc consistently failed to meet
certain threshold requirements in 'prudential and adequacy ratios'.
Also the Bank's liquidity and non-performing loans have been at very
low levels for a long time. And this has resulted in Skye always
borrowing from the apex bank.
He also added, that reports from market watchers, financial analysts
and expectations from shareholders have shown that the bank should be
doing far better than now. And that CBN had met with the board of the
bank, he said a long grace period had been given to the bank, enough
for the former board and management to steer the ship aright. But
after all, the realisation had dawned in that the board was not
capable of salvaging the bank's critical condition. And so in the
interest of the bank "the chairman and some board members of the bank
have tendered their resignation".
Muhammad K. Ahmad, the new chairman of the bank is experienced
and well versed in the public sector with over three decades of
experience serving in financial services industry. He has been on the
board of many institutions and companies including banks. In a
statement after his appointment, Ahmad said that there were high hopes
that the Bank could attain glory again. He said that the bank had the
resources to deepen and expand commercial and retail services in the
banking sector and on a large scale-economy wise. He said that the
first mission of the board was to begin immediate restructuring of all
units at the bank. And also improve the trust of stakeholders again.
He stated his full commitments to preserve the interests and
investments of stakeholders.

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