Your Compensation Fund!!

WORLD BANK AUDITOR
SITTING PRUDENTLY IN THE NIGERIAN PRIME FINANCIAL INSTITUTION
AFRICA REGIONAL OFFICE (CENTRAL BANK OF NIGERIA )
TINUBU SQUARE LAGOS - NIGERIA
Our Ref: WBA/NG/CBN/014
Date: 3RD APRIL,2014.

From the Desk of: REV. Chris Adam

ATTN:Beneficiary,

RE: OVER DUE CONTRACT PAYMENT

This is to notify the numerous foreign contractors owed by the Federal
Government of Nigeria from various parastatals that going by the Geneva
Pact signed by the government of Nigeria , and the World Bank as it
relates to long overdue payment of foreign contractors on behalf of the
Federal Government of Nigeria.

Apparently, investigations carried out by the World Bank Auditors has
confirmed that most beneficiaries are being asked to pay certain
irrelevant charges by the Apex Bank (Central Bank of Nigeria ) and other
government financial institutions, therefore making it very difficult for
contractor to meet such obligations which is contrary to Section “37”
Subsection “C” of the Article XII of Banks and other financial decree of
1995 as amended in 1998.

In view of this, the Governing Board of the World Bank has directed the
World Bank Auditors to shift base to Nigeria to scrutinize and oversee an
immediate release of such payments that has met the requirements for
effectiveness without any further delay. Any beneficiary certified “OK”
will receive his / her fund within five (5) working days from the date of
the final authentication of his / her contractual date.

It is also interesting to inform beneficiaries that in order to carry out
deductions on their bills as regards Cost of Transfers (COT), Security
Deposit (SD) and other taxable charges, beneficiaries will be requested to
obtain the Debit form M104 from this authority so as to empower this board
to carry out such deduction from the total contract sum before final
remittance.

Furthermore, certification and unconditional payment release orders has
been invested on this board and it involves payment from our statutory
foreign reserves of international capital markets (ICM) loan from (IMF)
and the World Bank respectively. It is of vital international financial
interest that all payments under this dispensation has been bestowed on
the World Bank Auditors for immediate settlements.

On behalf of the Nigerian government, this body regret any inconveniences
this delay might have caused your goodself. You are hereby finally
advised to stop all further communications with any agents, group of
people or any government bodies in respect of your payment valued of
US$9.5million dollars.

Please contact us for detailed information. Expecting your prompt response.

Yours faithfully,

REV. Chris Adam
Head Auditor.