Great news(If the company is for real)!! Investors are getting excited again about Nigeria. Such a relief. The new economic team headed by Aganga is inspiring immense confidence! I'm more than excited. This is my area of expertise. I bet you (if this is for real), then it is just the beginning. Thank God Sanusi has been caged.

ADint:

"•Sends ‘letter of intent’ to ICRC
Mediterranean Consulting Company (MCC) S.A. (Switzerland) on Tuesday wrote the Infrastructure Concession Regulatory Commission (ICRC) of its readiness to acquire up to $20 billion 25 years notes in form of certificate of deposits (CDs), bond or medium term notes (MTNs) under its debt financing and collateral trading programme over a 10-month period starting from June 1, 2010."

"Indeed, an HSBC Hong Kong and Shangai Bank’s “proof of funds letter” signed by JD Coombe and RA. Fairhead, director, international banking operations and director of treasury, respectively, sent to AL Saleh Abdulrahman Al Saleh, department of finance, Dubai, U.A.E, in possession of BusinessDay confirmed with full responsibility that MCC is one of its clients and that it has the amount in its account.

“We, HSBC Bank hereby confirm with full responsibility that our above mentioned client have twenty billion United States dollars ($20, 000,000,000.00) in cash/assets (Type of assets) on deposits in the above referenced account. We further confirm that these funds are good, clean, cleared, of non-criminal origin, free of any liens or encumbrances, were legally earned, and are fully transferable. We further confirm that Mr. Luigi Forino, with passport No. F0609661, issued by Switzerland, has been recorded as signatory on the above referenced account.” "



http://www.businessdayonline.com/index.php?option=com_content&view=article&id=11583:swiss-firm-offers-20bn-to-enter-infrastructure-bond-market&catid=1:latest-news&Itemid=18


This is in the same economy we are being told that Sanusi has destroyed etc - what we have here now, are very serious and credible long term investors (what our economy needs) not the foreign speculators we had preiviously in the stock market. There can be no stronger show of confidence in our economy by a major international finance corporation -- but you just watch as 'our banks' start to fall over themselves to get involved as well even at below the 9% these guys are looking for.

Ikengawo:

good find, nigerian journalists are beyond foolish but i knew that 20 billion was a silly number

tkb417:

excellent
The said company conceived the idea, made up their mind and sent an EOI in less than 2 months that the new minister of finance was sworn in hence the reason why this should be attributable to the new minister- can you tell us ONE thing that the minister has done to shore up investors confidence?
just one- waiting

stop posting as if those who are reading are retards

PapaBrowne:

Investors are getting excited again about Nigeria. Such a relief. The new economic team headed by Aganga is inspiring immense confidence! I'm more than excited. This is my area of expertise. I bet you (if this is for real), then it is just the beginning. Thank God Sanusi has been caged.

Ibime:

This guy is a grade one comedian!

PapaBrowne:

@TOPIC
The MCC company is a very cheap scam orchestarted by very cheap illiterates. To think that ICRC and BusinessDay could not see the glaring pointers to this fraud in the making tells a lot about our Government officials and the Nigerian media.
Businessday is a very big disgrace.
I have researched them well enough to know that they don't exist. And they have been into these kinds of scams in the past.

The scammers have little or no idea of how the world of Finance operates if not they would have made a kill b4 been exposed. Their website is cheap, their PDF documents are crappy and useless! Many of the pictures used in their documents are Photoshopped.

Their intention probably was to scam some government officials (most of whom are educated illiterates) into providing crude lifting deals. Very cheap fellas. Useless and disappointing. Sad too.