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2335. H.I Dankwambo



This is to inform you that the Presidency has stepped into the payment of your contract / inheritance fund. The instruction to this Board to authorized your payment was given by the President himself Alhaji Umaru Musa Yar'Adua following intelligence report on contract payment he received which revealed that the lower offices and department including some departments of Central Bank of Nigeria (CBN) are engaging in the practice of payment delays through unnecessary use of bureaucratic office processes and imposition of unauthorized fees. This apart has been allegations that some officials of NNPC and CBN deliberately divert funds approved with the name of a beneficiary to accounts that were not given by the known contractor after the due processing and approval of such payment.

To avoid and curtail such, official misconduct and deliberate delay of foreign contractorsí payment under one flimsy reason or the other, the President of the Country therefore mandated this office to raise contractorsí payment and ensure that such payments are received by the contractor within a short period of five (5) days from the day of notice. Based on the information contained in your contract files and records submitted to us from NNPC, CBN, and FMF your name was in the list of Category A contractors whose payments have been verified and approved with the records indicating that your payment has long been over due. The directive from the President based on all these findings is that this office should make immediately uninterrupted payment of your contract fund direct from the Federal Treasury. Other offices including CBN earlier handling your payment has been advised to hand over to this office to avoid duplication of efforts, though such offices hesitate to let you know of this new development.

In respect of this, this office held a meeting with the representatives of concerned government bodies during which your contract file and other information of your payment were submitted. After going through your file a lot of official irregularities, impending stop orders and complexities surrounding the payment were discovered. This office and the concerned bodies unanimously decided and approved that your contract payment will be raised in Certified International Bank Draft. The draft will be raised either in your name or in the name of your Company as the beneficiary. As soon as the draft is raised and signed off by you, you will be required to present the draft at your bank for confirmation and crediting of fund into your account. This will take 3-5 days of depositing of draft in your bank. Finally, I have tried reaching you by telephone but unsuccessful, I will advise you to call me or send me a fax in regards to this, so that I will intimate you more in regards to you r contract payment. Reconfirm you

Best regards,

Mr. H.I. Dankwambo

Accountant General of the federation   
TEL: +234-1-7639846
CELL: +234-80-35481949
FAX: +234-1-7642712

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