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Posted by junpyolao (www.channelstv.com) 12 days ago under solamon energy solamon alternative energy alternative energy solamon alternative solamon
This came after the Economic and Financial Crimes Commission (EFCC) filed separate charges of banking fraud against him.
The accused allegedly obtained separate loans of N230 million and N430 million from Stanbic IBTC Plc in 2010 with forged documents. Justice Adeniyi Onigbanjo had on August 1 denied Mr Ogunbambo bail after he was arraigned along with Habila Theck and their firm, Fargo Energy Limited, on six counts of fraudulently collecting N976.6m from the Federal Government purportedly as payment for subsidy on importation of petrol. While Mr Theck was granted bail, Mr Ogunbambo’s bail application was refused. The accused however was on August 19, released on bail by Justice Lateefat Folami, a vacation judge, who the accused turned to during the original judges’ annual vacation. Mr Ogunbambo had asked Justice Folami for bail on the grounds of health. The judge had granted the bail despite admitting that his grounds of ill health were “unmeritorious”. Justice Onigbanjo had ordered that Mr Ogumbambo be remanded in Ikoyi Prisons, saying “his multiple identities and his propensity to get multiple passports each time one was seized,” were weighty enough to warrant the denial of the bail. The judge also refused the bail application on the grounds of the accused person’s “previous and unresolved criminal allegations”. Rather than granting bail, Justice Onigban... Solamon Alternative Energy - WorldStage News | Fuel subsidy fraud: Court refuses young Tukur,
Posted by junpyolao (www.worldstagegroup.com) 12 days ago under solamon energy solamon alternative energy alternative energy solamon alternative solamon
Lagos (WorldStage Newsonline)-- A Lagos High Court in Ikeja on Friday rejected the requests of Mahmud Tukur, son of Peoples Democratic Party (PDP) National Chairman, Alhaji Bamanga Tukur and Abdullahi Alao, son of Ibadan based businessman, Alhaji Abdulazeez Arisekola-Alao, for a leave to travel abroad while their trial over alleged fraud in fuel subsidy collection is ongoing.
Justice Lateefat Folami, a vacation judge, told the accused persons including Felix Ochonogor, who are directors of one of the oil companies indicated for oil subsidy scam, Oil Marketing and Trading Companies (OM&Ts) to wait until their trial judge, Justice Adeniyi Onigbanjo resume from his annual vacation to hear the application. The judge while ruling on the application by the trio seeking the permission of her court to travel abroad for Hajj and business trip that she cannot overrule the earlier order granted by the trial courts which adjourned the matter till November 13, 2012. According to Justice Folami, she cannot grant their application to travel outside the country, since Justice Adeniyi Onigbanjo, who ordered the seizure of their travelling documents did so to ensure that they appear for their trial on the fixed dates. The court also held that allowing them to travel for Hajj rites which would begin in October will clash with the November dates earlier fixed for trial by the trial Judge and that the dates allegedly meant for their business tr... Solamon Energy Corporation - Solar PV Solutions for Sunbelt Nations
Posted by junpyolao (www.solamonenergy.com) 122 days ago under solamon energy canada solar energy anti scam news info land of the rising sun flips the switch on solar article- what do solar investors want-
Article: What Do Solar Investors Want?
Posted onMay 4, 2012underIndustry News (Renewable Energy World) — Investors can appear downright hostile to the idea of putting money in solar manufacturing these days, but their attitude toward the business of financing and installing solar panels is another story. So, the Thursday announcement that Clean Power Finance has created a $300 million residential solar fund serves as the latest reminder as to who are the darlings of investors these days. San Francisco-based Clean Power Finance, founded in 2007, offers leases and sales software for installers to market and sell to consumers. It’s teamed up with a Morgan Stanley subsidiary, MS Solar Solutions, and developer Main Street Power to create this new fund, which will initially finance installations in California and Arizona. Zions Energy Link, created by Zions Bancorporation in 2010, is the first loan provider to the fund. Zion, which runs a group of banks including the Bank of Arizona, has worked with Arizona Public Service to fund installations by SolarCity. Solar leases have become a popular way for consumers to use solar electricity without having to pay the expensive upfront cost of installing solar panels and other equipment. Homeowners will still see solar panels installed on their rooftops, but they don’t own the equipment and pay instead a monthly fee for the solar electricity produced by the panels. That fee should amount to... Solamon Energy Corporation - Solar PV Solutions for Sunbelt Nations
Posted by junpyolao (www.solamonenergy.com) 122 days ago under solamon energy canada solar energy anti scam news info land of the rising sun flips the switch on solar article- what do solar investors want-
(Bloomberg) — Japan’s proposed incentives for renewable energy will boost solar panel installations and help wean the nation off nuclear power, industry lobby groups and developers said.
A government panel Wednesday recommended solar power providers earn 42 yen (52 U.S. cents) a kilowatt-hour for the electricity they produce, three times the 13.65 yen charged to industrial and commercial users, according to the Ministry of Economy, Trade and Industry. The preferential rate, known as a feed-in tariff, for solar power was recommended for 20 years. “The start of the feed-in tariff program will be a major step forward to expand the solar power market,” said Tetsuo Kuba, president of Kyocera Corp., a solar panel maker. “We will expand our businesses in the mega-solar market,” Kuba said in a statement. The panel’s recommendation, which must be approved by Industry Minister Yukio Edano, marks another step in scaling back atomic power following the disaster at the Fukushima Dai- Ichi Plant last year and reducing carbon emissions linked to fossil fuel use. Japan currently gets about 9% of its electricity from renewables. The government’s feed-in tariffs will require power utilities to pay above-market rates for electricity generated from renewable energy sources such as solar and wind. Wind and Geothermal Wind-generated power was recommended at 23.10 yen a kilowatt hour for plants with the ca... « previous next » |
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