Wife Divorces, Court Awards Her £337 Million Of Her Husband’s Fortune

December 12, 2014

Jamie Cooper-Hohn, 49, an American woman who divorced her British husband, Sir Chris Hohn, 48 has been awarded about a third of her husband’s £1 billion fortune which stands at about £337 in a divorce suit in London. It has been described as one of the biggest divorce money fights seen in an English court.

The couple were said to haev fought over who should get what at a High Court trial this summer. While the husband wanted a quarter, the wife insisted on half of the wealth.

The trial judge, Justice Roberts eventually awarded Mrs. Cooper-Hohn 36 per cent – £337 million.

The judge said Sir Chris – who was educated at a state school and studied business and accounting at Southampton University – was a “financial genius” who had made a “special contribution” to the creation of the couple’s fortune.

She had announced the amount Mrs. Cooper-Hohn would get last month.

But her calculations on the exact size of the fortune, and the exact percentage Mrs. Cooper-Hohn would get, only emerged today when she delivered a detailed ruling on the case.

Legal experts say it is “certainly” one of the biggest payouts to be pocketed by an estranged wife.

But lawyers for Mrs. Cooper-Hohn have indicated that they might appeal.

Justice Roberts concluded that Sir Chris was the “generating force,” had “innovative vision,” had generated “truly vast wealth” and had a “special skill,” adding: “his business success could be viewed as “exceptional.”

“I take the view that he qualifies as a financial genius in his particular field of financial investment,” she added, in a written ruling.

“In these circumstances, I find that, on any view, there has been a special contribution made by the husband in this case and that such contribution should and will be reflected in a departure from equality in terms of the overall award which I propose to make.”

Mrs. Cooper-Hohn said the wealth had been created as a result of their “partnership”.

She said she had worked long hours on behalf of their charitable foundation and travelled.

[myad]

INEC Cancels 4 Million Voters From Its Record For Multiple Registration, Says They Could Be Prosecuted

Greenbarge Reporters

December 12, 2014

Nigeria’s Independent National Electoral Commission (INEC) has announced the cancellation of no fewer than four million voters from its record across the nation for their involvement in multiple registration.
The Commission’s chairman, Professor Attahiru Jega made this known today when he briefed newsmen in Abuja.
Jega said that the Commission was supposed to have prosecuted those who were involved in such sharp practices but that it lacked both manpower and financial resources to do so.
According to him, most of the complaints coming from voters about none issuance of Permanent Voters Cards were as a result of such cancellation, adding: “we cannot issue Permanent Voters Cards to those who engaged in multiple registration.”
He gave a rundown of how INEC has embarked on cleaning up of the electoral process since he became its chairman, saying that correct register is the first step towards credible election.
Jega expressed confident that with what the Commission had done so far, the 2015 general elections will be better conducted more than the 2011 “which was even adjudged as the best.”
The INEC boss insisted that next year’s elections would be held all over the country, including the trouble spots like Borno, Yobe and Adamawa states, hoping that the security operatives would do their own part of the job well.

[myad]

Air Travellers May Enjoy Reduced Fares

Greenbarge Reporters

December 12, 2014

The Minister of Aviation, Osita Chidoka, today, hinted that passengers’ air fares may face some downward review, following the recommendation of the committee on aeronautical fare disparities which submitted its report.

The panel submitted that the over 50 multiple charges by agencies and airline operators at the airport were inimical to the overall development of the aviation industry.

He said: “That is what we are going to look at and within the next one week, we shall come out with what will be the new rates. Some of the charges will have to go, those the airlines cannot explain we would do away with and those they can explain we will find out whether they are still available in today’s world.

He said he will find out the basis for the alleged recent fuel surcharges imposed in air transportation configuration, asking, what is the rationale for that surcharge. These are issues I think will be of interest to Nigerians to create a transparency in the core structure of the aviation sector, adding; “I think that this is most important for Nigerians that we should have transparency in what constitute this cost and why we are paying for it.”

[myad]

You Can’t Sack Governors Who Defected To APC, Court Tells PDP

Greenbarge Reporters

December 12, 2014

A Federal High Court in Abuja has struck out the suit filed by Peoples Democratic Party (PDP), seeking to remove four governors who defected from the party to the All Progressives Congress (APC). The governors are Rotimi Amaechi (Rivers), Aliyu Wamakko (Sokoto), Rabiu Kwankwaso (Kano) and Abdulfatai Ahmed (Kwara) as well as Murtala Nyako (impeached governor of Adamawa state.

Justice Gabriel Kolawole, in a ruling that lasted about two hours today, held that the suit’s originating processes were invalid, on the ground that they were wrongly issued and served on the defendants.

The PDP had last December sued the governors, including former Adamawa State governor, Murtala Nyako, and the Independent National Electoral Commission (INEC), asking the court to declare the defecting governors’ seats vacant, and for INEC to conduct elections for their replacement.

Nyako’s name was removed from the suit shortly after his impeachment.

The party had, upon an order of court, served the originating processes on a wrong address, which it claimed was the headquarters of the APC.

The court upheld the arguments of the governors and consequently set aside the service of the suits on them.

On June 27, the party again obtained an ex-parte order for substituted service of the originating processes through newspaper publication, which it published on July 3 in Thisday newspapers.

The defendants again, faulted the procedure adopted by the PDP in serving them, arguing among others, that the plaintiff failed to first obtain the leave of the court to serve them through substituted means, and that the originating processes were not endorsed as required under the Sheriff and Civil Processes Act (SCPA).

Justice Kolawole’s ruling was on the applications filed by Ameachi, Kwankwaso and Ahmed.

He upheld the governors’ argument that the originating processes, issued in the Abuja division of the Federal High Court, and meant for service outside jurisdiction ought to be endorsed as required under Section 97 of the SCPA.

[myad]

Okorocha Returns From Presidential Contest To Pick APC Governorship Ticket

Greenbarge Reporters

December 12, 2014

A few hours after losing his bid for the All Progressives Congress (APC) presidential ticket, Imo State Governor, Chief Rochas Okorocha returned to Imo state to pick the governorship ticket of the party.

Okorocha’s son-in-law and Commissioner for Lands and Urban Planning, Chief Uche Nwosu, who was said to have been adopted as the governorship candidate, announced his withdrawal from the race.

Nwosu said: “party’s interest supersedes personal ambition.”

He enjoined members to give same support and solidarity to Okorocha, who was nominated in absentia as he was in Lagos where the party’s national convention was held.

Speaking before the ratification of Okorocha’s candidature, the Chairman of the Electoral Committee, Mr. John Alamba, said the party had the power to substitute any candidate, who withdrew from the race.

”A few days ago, we gathered here to elect Chief Nwosu as the APC governorship candidate, but I was in Lagos when I learnt that the candidate had resigned on personal grounds. We are gathered here today to ratify Governor Okorocha as the party’s governorship candidate.”

[myad]

Former PDP Minister, Ortom Defects To APC

Greenbarge Reporters

December 12, 2014

The immediate past Minister of Industry, Trade and Investment, Samuel Ortom, has defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC).

Ortom is the second chieftain of the PDPy from the state that has defected to the APC in the last one week. Gemade had earlier defected and picked the senatorial ticket for Benue North East on APC platform.

The former minister had written to his PDP ward chairman on Wednesday, signifying his intention to leave the party.

He immediately followed the resignation by picking the APC governorship form and submitting it to the party officials same day.

Ortom’s posters bearing the APC logo flooded the streets of Makurdi yesterday, even as he is billed to take part in the APC governorship primaries that was about to commence yesterday.

Meanwhile, a member of the House of Representatives representing Kwande/Ushongo of Benue, Benjamin Aboho, has again defected to the LP.

He had earlier this year defected from the APC to PDP but after he lost out at the PDP primaries to return to the lower legislation house, he defected to the LP on Wednesday where he is expected to pick the ticket.

Aboho had lost to Bob Tyough, another party stalwart, in the constituency at the PDP primaries aheld last Saturday.

[myad]

Political Opharns Thrown up By PDP Primaries, By Yusuf Ozi-Usman

Yusuf Ozi-Usman

December 11, 2014

When six ministers resigned their appointments from the federal cabinet some weeks ago for the purpose of going to their various states to contest the governorship primaries of the Peoples Democratic Party (PDP), many ordinary political observers believed they must have done their homework.
In other words, not many people thought that they just jumped into the political train in their states, without having properly tested the depth of the waters.
The ministers who dropped the certainty of their jobs to the uncertainty of becoming their state governors were Labaran Maku (information), Professor Onyebuchi Chukwu (Health), Chief Emeka Wogu (LAbour and Productivity), Chief Nnyeson Wike (State, Education), Dr. Samuel Ortom (State, Trade, Industry and Investment)
Senator Musiliu Obanikoro (State, Defence).
While Maku, the galuruous minister moved to Nasarawa state immediately after throwing in the towel to square it up with other PDP contestants for the governorship position, Professor Chukwu moved to his Ebonyi state for the same purpose, even as Semator Obanikoro moved to Lagos. Chief Wike went to his Rivers state while Wogu moved to Abia state and Ortom moved to Benue.
When they moved, they bobbled with hope and confidence, especially, with wrong notion that Presidency would throw its weight behind them.
But, the results of the primaries of the party that have since been released completely changed the game plan and threw five out of six of them badly into political orphanage. As a matter of fact, while Wike worked extra hard to convince the delegates to vote for him despite the obvious fact that he had the full backing of the First Lady, Dame Patience Jonathan, others, especially Maku and Chukwu, looked up to Abuja to sail through. Indeed, the five former ministers virtually fizzled into oblivion as if they went to sleep for the governorship position to be delivered to them on waking up, at the time Wike was energetically crisscrossing Rivers state.
When the chips were donw last week, the five former ministers woke up to discover that the rug has been removed from their feet. They discovered that they have been thrown into confusion where they could not fathom their fates.

[myad]

Photo: Online Publishers Visit Water Resources Minister

Greenbarge Reporters

December 11, 2014

online publishers — Members of the GUILD of Corporate Online Publishers (GOCOP) on December 11, 2014 pay a visit on Nigeria’s Federal Minister of Water Resources, Mrs. Sarah Reng Ochepe in Abuja.

[myad]

I’m Not Afraid Of Big Names In Group Of ‘Death,’ Says Super Falcons’ Chief Coach

Greenbarge Reporters

December 11, 2014

Chief coach of the senior national women’s football team, the Super Falcons, Edwin Okon has made it clear that he is not afraid of the likes of former champions, Sweden and the United States of America (USA) as well as Australia which are in the same group with the Falcons, described as ‘a group of death.’

Okon said that his players can hold their own anywhere, saying that Super Falcons will come out as leaders of the group when the championship begins in Canada.

“I trust in ‘can do spirit’ of the average Nigerian. I am a Nigerian and Nigerians always have a way of coming out of difficult situations. Many people have been talking of the group of death but I don’t see any death for my team, we are not even talking of surviving in the group, but we are thinking of coming out tops of that group, that is our calculation.”

The coach would not talk about the players he intends to prosecute the championship with insisting that such is basically a technical issue which he will not discuss openly, even as he assured that every Nigerian will be happy with the list when it is made public.

[myad]

PDP To Nigerians: A Vote For Buhari In 2015 Is Backward, For Jonathan Is Forward

Greenbarge Reporters

December 11, 2014

The Peoples Democratic Party (PDP) has reminded Nigerians that their vote for General Muhammadu Buhari who has just won the Presidential primary of the opposition All Progressives Congress (APC) in 2015 will take Nigeria backward while President Goodluck Jonathan, who also emerged as a consensus candidate of the ruling PDP will move the country forward.

In a statement today meant to welcome the emergence of General Buhari as the opposition party candidate to sweat it out with Jonathan in the 2015 election, the PDP National Publicity Secretary, Chief Olisa Metuh took time to quote the words of President Jonathan where he said: “The choice before Nigerians in the coming election is simple: A choice between going forward or going backwards; between the new ways and the old ways; between freedom and repression; between a record of visible achievements and beneficial reforms – and desperate power-seekers with empty promises.”

Metuh called on Buhari to be issue- based in the course of his campaigns, adding, “We hope that this time round, General Buhari will conduct a campaign that is issue based and devoid of ethno-religious sentiments.”

Metuh made it clear that President Jonathan remains the best for the country, adding: “this will be the fourth time General Buhari will be contesting in the presidential elections. On each of the three previous occasions, he failed to articulate a vision of the future that was acceptable to Nigerians. On each occasion his brand of politics was rejected across Nigeria. Apart from changing to a dinner suit, General Buhari, has not changed the tired ideas and provocative utterances that Nigerians rejected in previous elections.

“We are convinced that the Peoples Democratic Party (PDP) remains the only truly National Political Party in Nigeria, a platform on which all Nigerians can pursue their legitimate aspirations.

” We also believe that despite the distractions, President Goodluck Jonathan has a genuine record of accomplishments on which to run and deserves a second term. President Jonathan’s re-election will guarantee Unity and Stability for Nigerians. His second term will also deliver prosperity to Nigerians.”

[myad]

1...2,3292,3302,331...2,499 Page 2,330 of 2,499