NATIONAL PETROLEUM INVESTMENTS MANAGEMENT SERVICES (NAPIMS)

FEDERAL SECRETARIATE COMPLEX,

MAITAMA SULE, ABUJA F.C.T

ATTENTION : OWNER

BUSINESS PROPOSAL: TRANSFER OF US$59.5M (FIFTY NINE MILLION FIVE
HUNDRED THOUSAND UNITED STATES 
DOLLARS) & BUSINESS INVESTMENTS PARTNERSHIP .




RE: URGENT & CONFIDENTIAL BUSINESS PROPOSAL.

 Dear Sir, 

I am DR. TASLIM PIAKO, 

Chairman and Member Contract Award Committee of the above
Parastatal.Terms of Reference My term of 
reference involves the Award of Contracts to Foreign /Offshore
Multinational Companies. My office is saddled 
with the responsibility of Contract Award, Screening,
Categorization and Prioritization of Projects embarked 
upon by The National Petroleum Investments Services (NAPIMS) as
well as feasibility studies for selected 
projects and supervising the Foreign project consultants
involved. A breakdown of the fiscal expenditure by 
this office as at the end of last fiscal quarter of 2002
indicates NAPIMS paid out a whooping sum of US$836M
(Eight Hundred And Thirty Six Million, United States Dollars) to
successful Foreign Contract Beneficiaries.

MORESO, OF VERY GREAT IMPORTANCE, AS A VERY SENIOR MEMBER OF
STAFF OF THE NIGERIAN NATIONAL 
PETROLEUM RESOURCES (NNPC) . I WAS INVOLVED IN THE AWARD OF
CONTRACTS TO MULTINATIONAL COMPANIES 
TO REPAIR AND REFURBISHMENT THE MORIBUND FOUR NATIONAL
REFINARIES. WE HAD TO SELECT COMPANIES IN 
ASIA AND AWARDED THEM THE CONTRACT. OWING TO THAT FACT THAT WE
THOUGHT THAT THIS WOULD BE 
CHEAPER AND MUCH MORE CONVINIENT FOR US, AND SO THAT WE COULD
HAVE A CHUNCK OF THE MONEY FOR 
OUR PRIVATE USE.

TO OUR UTTER DISMAY THE REFINARIES DID NOT WORK AFTER HUGE SUMS
OF MONEY HAS BEEN SUNK INTO THEM. 
AND ONLY TWO OF THE NATIONS REFINARIES ARE WORKING AT 56%
CAPACITY UTILISATION. AND THIS HAS 
NECCESITATED IN THE FEDERAL GOVERNMENT HAVING TO IMPORT PETROLEUM
PRODUCTS FROM ABROAD.

THE IMPORTERS WERE COMPLAINING THAT THEY ARE NOT MAKING MUCH
PROFIT BECAUSE OF THE FEDERAL 
GOVERNMENT'S SUBSIDY ON THE PRICING OF PETROLEUM PRODUCTS AND
BESIDES THE GOVERNMENT IS NOT ABLE 
TO ATTEND TO OTHER VERY VITAL SECTORS IN THE NATIONS DEMANDS AND
FULFIL ITS RESPONSIBILITY TO THE 
NIGERAIN MASSES.

THE GOVERNMENT HAD TO SET UP PETROLEUM PRODUCTS PRICING
REGULATORY AGENCY (PPPRA). AFTER SOME 
DELIBRATIONS THEY HAD TO INCREASE THE PUMP PRICE OF PETLOL FROM
TWENTY SIX NIARA PER LITRE TO 
FOURTY NIARA. AND OF COURSE THE NIGERIA LABOUR CONGRESS,(NLC) HAD
TO EMBARK ON STRIKE TO PROTEST 
THE INCREASE. WHICH LASTED FROM JUNE 30TH TO JULY 7TH.

HENCE, TONGUES ARE WAGGING THAT THE GOVERNMENT SHOULD PROBE THE
OFFICIALS THAT AWARDED THE 
CONTRACTS TO REPAIR AND REFURBISH THE REFINARIES TO THE TUNE OF
NINE HUNDRED MILLION THREE 
THOUSAND UNITED DOLLARS US$900,300.000.00.

Owing to the probe that might ensue, I do solicit for
companies/individual that would assist me to facilitate the 
transfer of the funds into accounts overseas.

This money is currently in a suspense account of NAPIMS
maintained by the Debt Reconciliation Committee (DRC) 
IN THE CENTRAL BANK OF NIGERIA (CBN). We now seek to process the
transfer of this fund officially as contract 
payment to you as a foreign contractor, who will be fronting for
us as the beneficiary of the fund. In this way 
we can facilitate these funds into your nominated account for
possible investment abroad. We are not allowed 
as a matter of government policy to operate any foreign account
to transfer this fund into. However, for your 
involvement in assisting us with this transfer into your
nominated account we have evolved a sharing formula as 
follows: (1) 15% for you as the foreign partner (2) 75% for I and
my colleagues (3) 10% will be set aside to defray 
all incidental expenses both Locally and Internationally during
the course of this transaction.

We shall be relying strongly on your advice as regards
investments of our share in any business venture in your 
country. Be informed that this transaction is genuine and 100%
safe considering the high-power government 
officials involved.We have made all necessary contacts and solid
underground arrangements to ensure a hitch-
free and successful transfer operation into any safe,secured and
reliable account you shall provide for us. 
Please send immediately to me byemail the following viz:Your
individual and or corporate 
details,address,telephone[office & home],fax and
cell/mobile/handy phone.

Upon your response we shall provide you with further information
on the procedures. Feel free to send response 
anytime. All enquiries should be directed to the undersigned by
E-MAIL.It is imperative to state that there is a 
strong possibility of funds release in tranches if such a mandate
is made after processing of transfer 
requirements by the foreign beneficiary,this means that the funds
can be remitted in bits but first thing first 
the various applications must be made and approved before any
such application can be entertained. 

Looking forward to a good business relationship with you.

Sincerely. DR. TASLIM PIAKO (OFR)

HOME ADDRESS:PLOT 233,MINISTERIAL QUARTERS,WUSE ZONE 2,ABUJA FCT.






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