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EKO INTERNATIONAL BANK



EKO INTERNATIONAL BANK
INTERNATIONAL REMITTANCE DEPARTMENT
104 MARINA STREET,
LAGOS NIGERIA
TEL: 234-802370130

Dear Sir,
IMMEDIATE TRANSFER OF US$3,500,000.00

We hereby acknowledge the receipt of the letter from the Presidency instructing us to remit into your account the accrued interest on your contract sum.

You are advised to write a letter of authority addressed to the Foreign Operations Department of this bank authorizing this bank to remit the accrued interest of US$ 3.5 MILLION on your contract funds. Be further informed that a processing levy of US$700 is required payable to the Federal Board of Inland Revenue for the issuance of your tax clearance certificate for the period of 2005 / 2006 respectively.

This is to facilitate the whole process of your transaction without any further requirement from you. This measure became necessary due to the fact that you do not operate acurrent or domiciliary account with our bank and as such the above processing levy must be paid by you so as to enable us transfer your accrued US$3,500,000.00 via key tested telex {K.T.T}.

This sum is not deductible from your original sum. It is important for you to note that we are committed to ensuring the immediate transfer of your accrued interest to your nominated bank account as we have put all modalities in place to accomplish this task. Kindly comply with this directive so as to avert any delay. The official date for the transfer of your accrued interest is the 29 of APRIL, 2005 please note that your replies are to be sent to the:

DEPT FOREIGN RECONCILLIATION DEBT
jamespencer@excite.com



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