(Received 7/26/2002)

Dear Sir,


First, I must solicit your strictest confidence in this transaction; this is by virtue of its nature as
being utterly confidential and top secret. I am MR. FELIX DAGOGO, Director of Projects Management in the Federal Ministry of Water Resources. My department is charged with the duties of implementation,execution and monitoring of all water related projects in the country. I came to know of your name and in my search for a reliable and low-key person to handle a very confidential transaction based on unflinching trust, as we have not met before.

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
willing to transfer the total amount to your nominated bank account as payment for consultancy services rendered to my department for subsequent disbursement.

In return we have agreed to offer you 30% of the transferred sum, while 10% shall be set aside for
incidental expenses (internal and external) accrued between the parties in the course of the transaction and 60% for us. Our share wille used to purchase equipment and heavy machinery from your country for importation back to my country, as we cannot repatriate the physical cash back to Nigeria. All logistics are in place and all modalities worked out for the smooth conclusion of the transaction within ten to fourteen days of commencement. It is imperative to bear in mind that having put 29 years in service of the government, I am averse to having my image dented. This matter should therefore be treated with utmost secrecy and urgency. Kindly expedite action by contacting me and indicating your interest in this transaction in order for me to give you full details. Please I am urgently waiting your response.



(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.