DPR

[ALH. IBRAHIM GAMBARI]

DEPARTMENT OF PETROLEUM RESOURCES
PLOT 225 KOFO ABAYOMI STREET VICTORIA ISLAND,LAGOS, NIGERIA.
DIRECT FAX: 234 1 759 0904. TEL; 234 1- 7591519
ATTENTION: THE PRESIDENT/C.E.O
RE: URGENT & CONFIDENTIAL BUSINESS PROPOSAL
Dear Sir,

I am ALH. IBRAHIM GAMBARI member committee of the above department
Terms of Reference
My term of reference involves the award of contracts to multinational companies.
My office is saddled with the responsibility of contract award, screening, 
categorization and prioritization of projects embarked upon by Department of 
Petroleum Resources (DPR) as well as feasibility studies for selected projects 
and supervising the project consultants involved. A breakdown of the fiscal 
expenditure by this office as at the end of last fiscal quarter of 2000 
indicates that DPR paid out a whooping sum of US$736M(Seven Hundred And Thirty 
Six Million, United States Dollars) to successful contract beneficiaries. The 
DPR is now compiling beneficiaries to be paid for the third Quarter of 2002.
The crux of this letter is that the finance/contract department of the DPR 
deliberately over –invoiced the contract value of the various contracts 
awarded. In the course of disbursements, this department has been able to 
accumulate the sum of US$38.2M(Thirty-eight Million, two hundred Thousand U.S 
Dollars) as the over-invoiced sum. This money is currently in a suspense 
account of the DPR account with the Debt Reconciliation Committee (DRC). We now 
seek to process the transfer of this fund officially as contract payment to you 
as a foreign contractor, who will be fronting for us as the beneficiary of the 
fund. In this way we can facilitate these funds into your nominated account for 
possible investment abroad. We are not allowed as a matter of government policy 
to operate any foreign account to transfer this fund into.
However, for your involvement in assisting us with this transfer into your 
nominated account we have evolved a sharing formula as follows:
(1) 20% for you as the foreign partner
(2) 75% for I and my colleagues

(3) 5% will be set aside to defray all incidental expenses both Locally and 
Internationally during the course of this transaction.
We shall be relying on your advice as regard investment of our share in any 
business in your country. Be informed that this business is genuine and 100% 
safe considering the high-power government officials involved. Send your 
private fax/telephone numbers. Upon your response we shall provide you with 
further information on the procedures. Feel free to send response by Fax: 
234-1-7590904 / TEL: 234-1-7591519 expecting your response urgently. All 
enquiries should be directed to the undersigned by FAX OR PHONE.
Looking forward to a good business relationship with you.
Sincerely,
ALH. IBRAHIM GAMBARI