Petroleum (Special) Trust Fund
Contract Award Committee
ATTENTION: THE MANAGING DIRECTOR,
The Petroleum Special Trust Fund was set up by the
late Head of State General Sani Abacha who died on 8th
June 1998, to manage the excess revenue accruing from
the sale of petroleum and its allied products as a
result of domestic increase in the prices of petroleum
The estimated annual revenue for 1999 was 45 billion
US Dollars Ref. FMF A26 Unit 3B paragraph "D" of the
Auditor General of the Federal Republic of Nigeria
Report of NOV. 1999 on estimated revenue.
I am the Chairman of the Contract Award committee
and my committee is solely responsible for awarding
and payment of contracts on behalf of the Federal
Government of Nigeria .
My Committee awarded contracts to foreign contractors
for the supply of Agricultural Machines and spare
parts to the Ministry of Agriculture and Natural
Resources. We overshot the contract sum by USD35
Million. We have paid the contractors and withholding
the balance of 35 Million United States Dollars.
Beceause of existing domestic laws forbidding civil
servants from opening, operating and maintaining
foreign accounts, we do not have the expertise to
transfer this balance of funds to a foreign account.
However, this balance of 35 Million United States
Dollars($35 million USD) has been secured in form of credit/payment to a foreign contractor.Hence, we wish to transfer into your bank account as the beneficiary of the funds.
We have also arrived at a conclusion that you will be
compensated to the tune of 25% of the total sum
transfered while 5% will be reserved for incidental
expenses that both parties will incur in the course of
actualizing this transaction and the balance of 70%
will be kept for the Committee members.
If you know you are capable of helping us actualize
our life's dream,You should send to me immediately the
details of your bank particulars or open a new account
where we can transfer the money(US$35M)which you will
hold in trust for us until we come over there for our
own share.Your nature of business does not matter in this transaction.
As soon as you open the account, send by e-mail immediately with thedetails of the account viz: Name of bank, address,
routing number, telex number, Account number, Tel and
Fax number.You should also include the name of your
company, your personal address, Tel and Fax numbers
for further communication.
Note that this transaction will be concluded within
10 working days from the day you give your consent.
mr micheal c nwolisa