[IMC-Editorial] THE

[ENGR.MIKE ADAMU]

FAX: 234-1-7594304

ATTENTION: COMPANY'S PRESIDENT/CEO

REQUEST FOR BUSINESS AND COOPERATION

I am ENGR. MIKE ADAMU of the Board of Trustees of
the Petroleum Resources Committee, (PRC). Before I lay
bare the details of this proposal, I would like to
intimate you with the terms of reference of this
committee.

The PRC is the presidium oil and gas committee of
Nigeria charged with the following responsibilities
to, among other functions, monitor the oil and gas
revenue accruing to the federation account; direct and
supervise the processing of information, applications
and conducting project appraisals; and to provide
estimates and projections for budgets, work plans,
scheduling methodology, bid documents and to
prioritize, distribute, according to specific
guidelines and award contracts for the development of
oil and gas projects to both indigenous and foreign
multinational companies that are registered to carry
out businesses in the Nigeria Oil & Gas sector and
recommends for payment to the Federal Ministry of
Finance (FMF) or its authority upon completion of
contract projects. The PRC depends on government
subventions and budgetary allocations for its
operations and usually send quarterly performance
report of the oil & gas industry to the FMF and the
Department of Petroleum Resources, DPR.

Following the breakdown of the fiscal expenditure by
this office as at the end of last fiscal quarter of
2002, the total project contracts awarded to foreign
companies amounted to the sum of 736million US
dollars. The PRC, in conjunction with the Debt
Reconciliation Committee (DRC), has been conducting a
verification exercise in batches to pay off foreign
contractors who have been owned various sums of money
for contract projects executed in 2001/2002. 


The crux of this letter is that the Petroleum Resources
Committee (PRC) masterminded the inflation of some
these contracts awarded last year. Consequently, in
the course of disbursements, this department has been
able to accumulate the sum of 38.6million US dollars
being the over-invoiced sum of the contract worth
awarded. This money is currently in a suspense account
of the FMF account with the Debt Reconciliation
Committee (DRC) and has already been approved for
payment in this year's supplementary budget allocation
by the Federal Ministry of Finance (FMF) and waiting
to be immediately wired out of the country. Hence, my
duty as the Coordinator of this project is to solicit
your unalloyed co-operation and assistance to enable
us pull out this funds into any foreign account owned
by your good-self and covered by a foreign company's
name to be used. Your co-operation in this business is
essential, because members of the committee involved! 
in this business are personalities who have attained
impeccable track records of probity in the Civil
Service of Nigeria and as such are not permitted to
operate Foreign Account in discharging their functions
as members of the Petroleum Resources Committee (PRC).


NOTE: This business is 100% full proof, genuine and
risk-free. Hence the need for Strict and Absolute
Confidentiality till the end is All Important.
Furthermore, sharing of this fund after remittance
into your provided bank account will be done as
follows: 70% for us here in Nigeria, 25% for you the
account owner and 5% to cover as reimbursement, any
expenses which may be incurred in the course of
transferring the funds into your account. Confirming
your faithfulness to this entreaty and your unalloyed
cooperation to consolidate this transaction as
proposed to you, please endeavor to reply immediately
with your contact/postal address; telephone and fax
lines for further briefing. We estimate that this
project will last for Two weeks only given your
fullest co-operation. All inquiries should be directed
to the undersigned and I await your reply immediately.
I thank you for your attention and anticipated 

co-operation.

In Good Health and Kind Regards,

ENGR. MIKE ADAMU
PETROLEUM RESOURCES COMMITTEE
FAX: 234-1-7594304
E-mail: mikadam0 at lycos.com