URGENT BUSINESS PROPOSAL

[FRANK IBEH]

FROM THE DESK OF Dr Frank Ibe

Dear Sir,

                               URGENT ATTENTION

 I am Dr Frank Ibe, Chairman of Contract Award and Verification Panel setup by 
the Nigerian National Petroleum Corporation (NNPC). I got your contact from the 
Nigeria Chember of commerce and after thorough enquiries and deliberations,I 
and my colleagues decided to contact you for a very confidential business 
transaction of mutual benefit. During our verification exercise, we came across 
an over-invoiced contract(Contract No: NNPC/PED/1473/99.

This contract was awarded in July,1997and completed in August, 1999, and the 
original contractor has since been paid his contract sum leaving the 
over-invoiced sum of US$25.5m(Twenty Five Million,Five Hundred Thousand United 
States Dollars). This amount have been left floating in our account with the 
Central Bank of Nigeria, until our recent discovery.

My colleagues and I have decided to seek for the assistance of a reliable 
foreign partner into whose account the fund will be transferred into for our 
own use. If this proposal is acceptable to you, a Deed of Transfer of the above 
contract will be obtained on your behalf, to empower you as the legal 
beneficiary of the contract and the sum to be transferred.

 All necessary and relevant documents will be procured for the release and 
transfer of the fund into your nominated account. An application for foreign 
exchange allocation will be made on your behalf from my office to the federal 
ministry of finance (FMF) and the Central Bank of Nigeria(CBN) for the 
subsequent release and transfer of the fund into your nominated account.

Be informed that we are working in collaboration with top officials of the 
federal ministry of finance and the Central Bank of Nigeria (CBN)who will 
assist us in the transfer of the fund. With your cooperation the success of 
this transaction is guaranteed.

We have agreed to compensate you with 25% of the total sum and , 70% will be 
for me and my colleagues here ,while the remaining 5% have been mapped-out for 
miscellaneous expenses that might be incurred by both parties during the course 
of this transaction.Allthings being equal, this transaction will be concluded 
within 14working days upon the day of receipt of your response.You are required 
to fax us your nominated bank account details and your direct telephone and fax 
numbers. Please treat this transaction with top priority and remember to keep 
it as confidential as possible. As soon as we receive your response, more 
details about how to proceed will be given to you.

We await your prompt response.

Best Regards,

 Dr Frank Ibe

Chairman Contract Award and Verification Panel