Professional Documents
Culture Documents
ARTICLES
1. The owner has Five Hundred Millions (500,000,000 ) Euros in cash
in HSBC BANK PLC & CANADA SQUARE,CANARY WHARF, LONDON,
E14, 5HQ, UNITED KINGDOM and wishes to convey it to Cameroon, and for this
needs a Paymaster.
2. The Paymaster is willing and able to Receive this funds and Convey them to
Cameroon for the Owner.
4. The Paymaster has placed a price tag of 55% (Fourthy Five percent ) total
amount for his effort which represents Two Hundred seventy five Millions
( 275,000,000) Euros.
5. The owner willingly agrees to pay the price of 50%. This price which is equal to
One Hundred Thirty Seven Millions Five Hundred Thousands(137 500 000)
Euros according to the memorandum of understanding between the owner and the
paymaster.
6. The terms of deductions and delivery will be detailed in the agreement contract
between the owner and the paymaster.
7. The Paymaster also pledges to pay a comissions of Ten percent of initial total
amount( 10% ) mentioned in article four which represents Twenty-seven
Millions Five Hundred Thousands (27 500 000) Euros to facilitators treat have
enabled him to get this transaction.
8. The commisions of 10% which goes to the facilitators shall be paid as follows:
35% to Paymaster’s group1 represented by Monsieur MBELLA Thierry , 25%
to Paymaster’s group2 represented by Monsieur SONG SONG Daniel and 40% to
Paymaster’s group3 represented by Monsieur MBINDZI Bernard).
The Paymaster will use a Carrier to pay the commissions, the commissions shall be
paid by the Carrier himself on his arrived in Cameroon.
10. Trust, good faith and integrity shall be the givings factors throughout this
transaction, any litigation that arises from the execution of this agreement shall be
resolved amically between owner, Paymaster and the facilitators.
Nota Bene: The paymaster’s Client Information Sheet( CIS ) was completed just he will receive a
satisfy
Proof of Funds( POF )
FACILITATORS SIDE
Name Passport N° Amount( Euros )
Paymaster’s Mr MBELLA Thierry / CNI° 116729472 9 625 000
Facilitators Group 1
Paymaster’s Mr SONG SONG Daniel /CNI° CE022129/ 6 875 000
Facilitators Group 2
Paymaster’s Mr MBINDZI Bernard / 11 000 000
Facilitators Group 3
PAYMASTER’S SIDE