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2003-01-07
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PRIMROSE VENTURES LIMITED, 
STE. 3b, ROCKVIEW PLAZA,
VICTORIA ISLAND,
LAGOS.
www.primroseventures.8m.net
TEL: 2348023263622


FOR YOUR KIND ATTENTION, 

First, I must solicit your strictest understanding in the matter i am about to 
disclose to you,if the contents of this mail does meet with your approval, I hu
mbly crave your indulgence. 

I am the director of the above named company, I recently retired as the directo
r of finance of the Federal Ministry Of Power & Steel (FMP&S). During my tenure
 as the director of finance, I was also in charge of the federal tenders board.
 The job of the tenders board was to access bids made to the FMP&S by foreign a
nd local contractors for execution of contracts and recommend to the government
 for award of such contracts. 

In the course of our work at the tenders board, we recieved a bid of (USD46.8M)
 from Arab Contractors Company of Egypt for the refurbishing of the six thermal
 flow stations and the supply of (1000 units) of 27KVA transformers for the sou
th-western part of the country. The federal governemnt had already given the te
nder's board a mark-up of (USD75M), what this meant was that the value of the c
ontract should not exceed USD75M

The bid was unsually low for the contract in question considering the other bid
s we had gone through. The tenders board now invited the Arab Contractors Compa
ny of Egypt for an appraisal of their bid. After the appraisal, we the five mem
bers of the tenders board agreed to recommend them for the award of the contrac
t only if they increase thier bid to USD70M. The balance USD23.2M was to be pai
d to us (the members of the tenders board) after the execution of the contract.
 Not trusting the contractors to live up to their own part of the bargain, we e
stablished the above mentioned company and had them contract the USD23.2M to th
e company as a sub-contract of the original contract. The deed of sub-contract 
was drawn up, singed by all the concerned parties and registered with the regis
trar of deeds at the federal high court, ( copies will be sent to you upon the 
commencement of this transaction)

Arab contractors have executed the whole contract and have been paid off, leavi
ng the balance USD23.2M. Considering the amount of the fund involved we cannot 
ask the CBN to pay directly into our local bank account as the bank regulatory 
bodies will want to know the directors of the company. 

Though I am retired, my other two partners are still in government employ. I ha
ve therefore been mandated as a matter of trust by my partners to source for a 
business partner to whom we could transfer the sum of USD23.2M by drawing up a 
letter of domiciliation instructing the concerned government parastatals i.e th
e FMP&S and CBN to pay into the partner's account the contractual entitlement o
f USD23.2M. You will agree with me that a letter of domiciliation is an accepte
d form of doing business worldwide.

We the directors of this company will first of all nominate and appoint you as 
a norminal director of this company, this will show that you have had a busines
s relation with the company prior to this transaction.

Should this transaction interest you, you are to contact me on my telephone num
ber 2348023263622 or my e-mail address, so that I can brief you fully, and disc
uss your renumeration for this undertaking.

All logistics are in place and all modalities worked out for the smooth conclus
ion of the transaction upon receipt of the following information: Your full nam
e/ company name, address, company's details & activities, telephone & fax numbe
rs. 

These information will enable us make the applications and lodge claims to the 
concerned ministries & agencies in favour of your company and it is pertinent t
o state here that a legally binding contract will be entered by all parties inv
olved, this is to safe guard our mutual interest. 

Yours Faithfuly,

Engr.Adebayo Adams.

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