This transaction involves the transfer of huge sum of foreign exchange (United States Dollars) to a foreign account. In the 2000 financial year, the Federal Government of Nigeria allocated the sum of US$458 million (Holy cow! That's a lot of allocation!) to my department as budgetary allocation. Within the year various multinational corporations executed series of contracts and all these contacts were duly paid for. But in all we were not able to exhaust our budgetary allocation. There are still some excess funds left. My colleagues and I have decided to keep this excess amount for ourselves. If the money is returned to government treasury my department's future allocation will be reduced or worse still, the money will be embezzled by officials of our apex bank (If someone's gonna embezzle it, it might as well be us!) (Central Bank of Nigeria).
This money is currently lying in a suspense account in the
Central Bank of Nigeria. As civil servants we are prohibited by the Code of
Conduct Bureau (Civil Service Laws) from opening or operating foreign account
and or dealing in foreign exchange in our names, so we cannot directly acquire
the money. I have therefore been mandated as a matter of trust by my colleagues
to look for an overseas partner to whom we could transfer the excess amount to.
Consequently, my colleagues and I are
(Reply sent 7/26/2002)
Dear Mr. Dagogo,
A very interesting offer, but you don't specify how much money is still in the account as of this date.
Also, how friendly are you with your associates? It seems to me that if we handle this thing ourselves and keep them in the dark we can each keep a larger portion than if we share with your associates.