FROM: Dr. Ibrahim Atiku
CHIEF FINANCIAL DIRECTOR
INDEPENDENT NATIONAL ELECTORAL COMMISSION (INEC)
LAGOS - NIGERIA
DATE: 26TH JUNE 2002


RE:  INVESTMENT & CONFIDENTIAL BUSINESS PROPOSAL

Sir, 

It is my warmest pleasure writing you this confidential business offer irrespective of 
the fact that we have not met or done anything that will re-impose absolute confidence 
but nevertheless. I am very determined to communicate you with much conviction that 
you will give my proposal a consideration. As earlier stated I am Dr. Ibrahim Atiku, a 
Financial Director working with Inec. My Agency is in charge of conducting all 
elections in my country Nigeria and by the virtue of my unique position in office as 
the Chief Financial Director. I was elevated by the commission to become the chairman 
of foreign contract tender board committee whose responsibility is to award and 
supervise foreign contract to ensure it is executed promptly.

Consequently, I the chairman of the tender board committee in collaboration with two 
other top committee members over-invoiced certain contract for the supply of electoral 
equipments needed for the forth-coming elections in October 2002. The initial cost of 
the contract was pegged at US$50 million, but after the feasibility study was done, 
while submitting my report to the office of the presidency for final approval, we 
deliberately inflated the cost to an excess amount of US$ 30 million making the cost 
to be US$ 80 million.

Right now, the gist of contacting you is we are constrained to claim the fund due to 
certain laws enacted by the government guiding civil service code of conduct Bureau 
which prohibits top civil servants working under Government establishment from 
operating offshore or foreign Account and this situation has kept us in a fix to 
openly come forward to claim the outstanding balance of US$ 30 million, hence after 
series of private meetings we decided to make contact in order to get a reliable 
foreign partner whom we will forward his or her credentials to claim the fund based on 
mutual  trust and agreement.

In a nutshell, we need your assistance and support to claim this fund so that at the 
later time convenient for us, we will come over to your country after the funds have 
been transferred to meet you and collect our own percentage while you will keep the 
rest as yours. For your support and total dedication to realize the objectives of this 
operation, you shall be entitled to 20% of the sum total while 80% of the fund belongs 
to the three officials involved in the deal.        

Note, you are vividly assured that you will not be subjected to any kind of risk for 
your support and involvement in this venture hence we have piloted a good strategy to 
ensure the operations goes smoothly of which we have targeted two weeks duration to 
accomplished our Aim. 

Kindly treat this matter Absolutely confidential because the officials involved are 
still in service and some of us intend to resign our appointment immediately after the 
transaction is finalized. I look forward to hearing positively from you while further 
details will be given as soon as I get your response.

Best Regards
 
Dr. Ibrahim Atiku



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