[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

REPLY URGENTLY



WORLD BANK AUDITORS
SITTING PRUDENTLY IN THE NIGERIAN PRIME FINANCIAL INSTITUTION
(CENTRAL BANK OF NIGERIA)
TINUBU SQUARE LAGOS - NIGERIA
DIRECT TEL: 234 1-2145032 FAX:  234-1-5559252
E-mail: worldbankauditorsfiles4@indiatimes.com

Our Ref: WBA/NG/CBN/08                                  

>From the Desk of: Dr Alexander Pams, 


ATTN: HONOURABLE CONTRACTOR

 
RE: OVERDUE CONTRACT/INHERITANCE PAYMENT  


This is to notify the numerous foreign contractors/Inheritance beneficiary owed 
by the banks and Federal Government of Nigeria from various parastatals that 
going by the Geneva Pact signed by Government of Nigeria and the World Bank as 
it relates to long overdue payment of foreign contractors/Inheritance 
Beneficiary on behalf of the Federal Government of Nigeria.


Apparently, investigations carried out by the World Bank Auditors has confirmed 
that most beneficiaries are being asked to pay certain irrelevant charges by 
the Apex Bank and other Government financial institutions, therefore making it 
very difficult for Contractor/Inheritance Beneficiary to meet such obligations 
which is contrary to Section “37” Subsection “C” of the Article XII of Banks 
and other financial decree of 1995 as amended in 1998.


In view of this, the Governing Board of the World Bank has directed the World 
Bank Auditors to shift base to Nigeria to scrutinize and oversee an immediate 
release of such payments that has met the requirements for effectiveness 
without any further delay.  Any beneficiary certified “OK” will receive his / 
her fund within five (5) working days from the date of the final authentication 
of his / her contractual date.


It is also interesting to inform beneficiaries that in order to carry out 
deductions on their bills as regards Cost of Transfers (COT), Security Deposit 
(SD) and other taxable charges, beneficiaries will be requested to obtain the 
Debit form M104 from this authority so as to empower this board to carry out 
such deduction from the total contract sum before final remittance.


Furthermore, certification and unconditional payment release orders has been 
invested on this board and it involves payment from our statutory foreign 
reserves of international capital markets (ICM) loan from (IMF) and the World 
Bank respectively.  It is of vital international financial interest that all 
payments under this dispensation have been bestowed on the World Bank Auditors 
for immediate settlements.  On behalf of the Nigerian/Ghana government, this 
body regret any inconveniences this delay might have caused your goodself.  You 
are hereby finally advised to stop all further communications with any agents, 
group of people or any government bodies in respect of your payment.

Please contact us for detailed information.  Expecting your prompt response.

Yours faithfully,


Dr Alexander Pams.
General Auditor (WB)