REQUEST FOR URGENT BUSINESS RELATIONSHIP, the Tender Committee

Tel/Fax: 234-90-407455

Dear sir,

Request For Urgent Business Relationship

We are members of the Tender Committee appointed by the Federal
Government of Nigeria to approve contract award/payment of the
Petroleum Trust Fund (PTF). The PTF is a dedicated account, set up by
the Nigerian Government, whereby a certain percentage of income
derived from crude oil export by the Federal Government is set aside
for the purpose of ameliorating the sufferings of the oil-producing
communities. This aim is achieved by the provision of good roads, pipe
borne water, electricity, hospital, school, e.t.c. Other purposes
include the rehabilitation of projects whose uses are directly for the
benefit of the masses such as maintenance of oil installation in the
country. Our duties include the evaluation, vetting and approval for
payment of contract jobs done for the PTF.

On the 10 of February 1996, this Committee awarded a contract to the
consortium of Abblummus, J.G.C. Corporation of Japan, Bouygues
Offshore, and a joint venture of Spitbbatignoles and Fougeuerlle to a
total value of US$600 Million for the procurement of engineering
equipment and the construction of several projects in Nigeria.

My colleagues and I decided to over-inflate the contract sum to the
value of US$621.4 Million, with the intention of sharing the US$21.4
Million amongst ourselves. The Federal Government has subsequently
approved the amount of US$621.4 Million to this Committee as the
contract sum. The sum of US$321.4 Million has been approved for the
disbursement to the foreign companies concerned as the mobilisation
fee for the contract. However, as the companies concerned are only
entitled to a total contract value of US$600 Million, we intend to
transfer the surplus of US$21.4 Million abroad into a safe and
reliable account to be shared amongst ourselves with our share to be
used in funding an