From: Mr. Godwin Emefiele
Governor, Central Bank of Nigeria
Headquarters: Plot 33, Abubakar Tafawa Balewa Way,
Central Business District, Cadastral Zone,
Federal Capital Territory, PMB 0187, Abuja Nigeria.
Direct Telephone: +234 7014690906./////////////
(BFN / CBN / 2323) Code Of Conduct (FT1004BT)
Dear Valued Customer,
I want to bring to your notice that I have today received a Notice for a Change of Fund Ownership / Account application from Mr. Pedro Nunez. Mr. Pedro asked us to deposit your fund of USD $ 10.5M to this new account stated below.
Commerce Bank
Beneficiary Name: Pedro Nunez
Routing Number: 10173619
Account Number: 029651321
Swift Code: CBKCUS44
He said that you have a new contract in Kansas City, Missouri and has run out of funds hence you want us to immediately deposit your approved compensation fund to the new account above. I am therefore writing to find out if you are the one that authorized this new change of account.
Meanwhile, it has also come to my notice that your name / payment has Never been Gazetted on the official Government website as an approved payment.
This explains the reason why all your efforts to get this Fund has proved abortive.
The NNDSD was established on 7th Nov. 2018 to centrally coordinate the management of debt owed foreign contractors, which was hitherto being done by a myriad of establishments in an uncoordinated fashion. This diffused public debt management strategy led to inefficiencies and also created fundamental problems, including the following: 1: Operational inefficiency and poor coordination; 2: Inadequate debt data recording system and poor information flow across agencies with consequent inaccurate and incomplete debt records;
3: Extreme difficulty in the verification of creditors' claims due to conflicting figures from the various bodies handling the debt management function;
4: Complicated and inefficient debt service arrangements, which created protracted payment procedure and often led to penalties that added to the nation's debt stock;
5: Inadequate manpower and poor incentive systems for the affected personnel, which affected outputs and performance;
6: Lack of consistent well-defined debt management strategies which led to bureaucratic challenges that gave opportunity to fraudulent officials to cheat, deceive and scam unsuspecting fund beneficiaries.
The consideration of these myriad problems led the government to support the establishment of a relatively autonomous public debt management department, which resulted in the formation of the NNDSD on 7th Nov. 2018.
The need for the creation of a separate public debt management department was therefore aimed at addressing some of the issues raised above. Respond back to me immediately you receive this Memo to confirm if you are the one that authorized your fund to be sent to the new bank account in Kansas City, Missouri, USA.
I await your urgent response.
Yours faithfully,
Mr. Godwin Emefiele
Governor, Central Bank of Nigeria
Direct Telephone: +234 7014690906.
