December 9, 2016 – BARONESS-J.COM

The Economic and Financial Crimes Commission on Wednesday quizzed a former Minister of State for Defence, Senator Musiliu Obanikoro, for allegedly receiving N450m from the Coordinator of the Goodluck Jonathan Campaign Organisation in Lagos State, Adewale Onilere, during the countdown to the 2015 presidential election.

Operatives disclosed to The PUNCH that the N450m was part of the N23bn ($115m) allegedly disbursed to the leaders of the Peoples Democratic Party in the 36 states of the federation by a former Minister of Petroleum Resources, Diezani Alison-Madueke.

A source at the EFCC told our correspondent that Onilere, who is the Chairman of the PDP in the Somolu Local Government Area, received N650m from the campaign organisation out of which N450m was given to Obanikoro.

He said, “Onilere received N650m and then delivered N450m to Obanikoro at his house. Onilere gave Obanikoro the money in the presence of some PDP leaders.

“So, on Wednesday, we invited Obanikoro to tell his side of the story. However, Obanikoro denied receiving any money from Onilere.

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“Since Obanikoro is currently on administrative bail, we let him go. However, we have invited Obanikoro and Onilere to come to our office in two weeks’ time to face each other. Surely, we will get to the bottom of this.”

In a terse text message, however, Onilere denied handling stolen funds.

“It is certainly false and I know nothing about it. Thanks,” he said.

Obanikoro and his two sons, Babajide and Gbolahan, are currently under a separate investigation involving N4.7bn which was allegedly diverted from the Office of the National Security Adviser.

The ONSA, under the leadership of the then National Security Adviser, Col. Sambo Dasuki (retd.), was alleged to have paid N4.7bn into the bank account of a company, Sylvan McNamara, in which Obanikoro’s sons were directors.

Obanikoro had said in his statement on oath at the EFCC that after receiving the money in June 2014, he gave N1.219bn to the then governorship candidate of the PDP in Ekiti State, Mr. Ayodele Fayose; while N1.3bn was given to the PDP candidate in Osun State, Senator Iyiola Omisore.

He also confessed to giving Fayose a separate $5.377m at Spotless Hotel in Ekiti State in the presence of party stalwarts including the then Ekiti State PDP Secretary, Mr. Tope Aluko.

Obanikoro was said to have kept about N785m for himself, which he allegedly spent while campaigning ahead of the PDP governorship primary in Lagos State, which Mr. Jimi Agbaje won.

However, the EFCC asked him to return about N584m of which he has already returned N137m.

Culled from The PUNCH

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NEXT-GENERATION jet could take passengers from London to New York in just 20 minutes, according to its creator.

Canadian designer Charles Bombardier claims his concept plane, called the Antipode, could be ten times faster than Concorde.

It would carry ten people, using rocket boosters to climb to 40,000 feet and could zoom round the globe in less time than it takes to watch a game of football.

A ‘supersonic combuston ramjet engine’ would then bring the plane up to speeds of Mach 24, which is 21 times the speed of sound.

A normal Boeing 747 has a top speed of 570 miles an hour, but the Antipode would be capable of reaching a whopping 16,000 mph.

It could do this using a futuristic technology called Long Penetration Mode, which works by using clever aerodynamics and was recently tested by NASA.

Some air would be channelled through a nozzle in the nose, to produce a counter-flowing jet of air.

The technique would stop it from having similar problems to Concorde, which suffered from a loud sonic boom over land and a massive heat build-up due to friction at high speeds.

It’s Bombardier’s second attempt at designing a super-fast aircraft, after previously publishing a design called the Skreemr.

It could hold ten people and fly from London to New York in just 20 minutes

It uses Long Penetration Mode technology to combat problems previously faced by Concorde

Mr Bombardier told the BBC: “The idea of going from New York to London in, say 20 minutes – that’s what I think really grabbed people.

“It’s always something that people would like – a transportation system that could take you from one place on the planet to the other side.”

But we won’t be jetting across the Atlantic in 20 minutes any time soon as the design is just a concept.

Bombardier added: “I wanted to help get funding to do more research, and so I tried to push the whole thing forward.

“I know that it’s not going to lead to the exact aircraft at the end, but it might help to develop new technologies and new processes. If it does, then that I’m happy that I did something to help society.”