Jae J Lee - World Bank - info.wb.icsid@gmail.com
Posted: 26 February 2020
from: Jae J. Lee <info.wb.icsid@gmail.com>
date: Feb 24, 2020, 8:09 PM
subject: Re: Urgent
mailed-by: gmail.com
Sir,
Reconfirmation of your mail
Thank you for your prompt response and in putting you into the picture for you to understand the principle and objectives of (ICSID) and reason for the problem you been having in your pursuit to secure the release of your payment. First, the (ICSID) International Centre for Settlement of Investment Disputes (ICSID) as you may know, is an international arbitration institution established in 1966 for legal dispute resolution and reconciliation between international transactions. The ICSID is funded by the World Bank Group, headquartered in Washington, D.C., in the United States. It is an autonomous, multilateral specialized institution to encourage the international flow of investment, enforce and uphold arbitral settlement payment in accordance with the ICSID Convention.
We have received many complaints, and reports of arbitral illegal extortion of money, diversion payments, etc., by officials vested with the responsibility to oversee release payment. And just a few days ago we discovered that you are among the people being manipulated by these corrupt officials. Based on our preliminary investigation, your payment was placed on temporal blockade by order of the International Court of Arbitration / International Center for Settlement of Investment Disputes pending verification and scrutinize of payments by our financial consultant.
In the past, before 2018, ICSID used to give soft loans to governments to enable them to offset their long protracted foreign payments but in some countries, the corrupt officials just embezzled the funds and still turn around to manipulated procedure which they used to extort money from beneficiaries like you.
For example, (ICSID) has given over US$1.5m to African governments to help offset their foreign payment debts, they do so through the World Bank special intervention funds, which is a facility credit in the total amount of $486 million. The 1st Standard Allocation started on 17 June 2017 and was completed by 31 December 2019, unfortunately, all this money was underutilized.
Furtherance to our investigation, we discovered with dismay that some payment has been unnecessarily delayed by corrupt officials of the previously appointed officials/bank who were making effort to divert the allocated funds to their private accounts. To prevent this, we have appointed a Financial Consultant to oversee this payment exercise. We will monitor the process to avoid any repetition of the hopeless situation created by the previous officials. An irrevocable payment guarantee would be issue in your favour for the release of your payment prior to verification and authentication of your payment.
Note, your File Reference Number is: ICSID/WB/ICC- UNCCORG/8491 for your payment falls under the Euro-Asia-Africa geographic payment zoning (EAA1). Therefore your payment, when processed under the EAA1 geographic payment zoning would be released to you via the Financial consultant.
As a matter of precedent, you are required to reconfirm your payment particulars by filling in the attached form and subsequently return same along with a valid copy of your identification. See attachment copy of my identification for your record.
With best compliments,
Jae J. Lee
Inspector General for World Bank International Center for Settlement of Investment Disputes (ICSID).
date: Feb 24, 2020, 8:09 PM
subject: Re: Urgent
mailed-by: gmail.com
Sir,
Reconfirmation of your mail
Thank you for your prompt response and in putting you into the picture for you to understand the principle and objectives of (ICSID) and reason for the problem you been having in your pursuit to secure the release of your payment. First, the (ICSID) International Centre for Settlement of Investment Disputes (ICSID) as you may know, is an international arbitration institution established in 1966 for legal dispute resolution and reconciliation between international transactions. The ICSID is funded by the World Bank Group, headquartered in Washington, D.C., in the United States. It is an autonomous, multilateral specialized institution to encourage the international flow of investment, enforce and uphold arbitral settlement payment in accordance with the ICSID Convention.
We have received many complaints, and reports of arbitral illegal extortion of money, diversion payments, etc., by officials vested with the responsibility to oversee release payment. And just a few days ago we discovered that you are among the people being manipulated by these corrupt officials. Based on our preliminary investigation, your payment was placed on temporal blockade by order of the International Court of Arbitration / International Center for Settlement of Investment Disputes pending verification and scrutinize of payments by our financial consultant.
In the past, before 2018, ICSID used to give soft loans to governments to enable them to offset their long protracted foreign payments but in some countries, the corrupt officials just embezzled the funds and still turn around to manipulated procedure which they used to extort money from beneficiaries like you.
For example, (ICSID) has given over US$1.5m to African governments to help offset their foreign payment debts, they do so through the World Bank special intervention funds, which is a facility credit in the total amount of $486 million. The 1st Standard Allocation started on 17 June 2017 and was completed by 31 December 2019, unfortunately, all this money was underutilized.
Furtherance to our investigation, we discovered with dismay that some payment has been unnecessarily delayed by corrupt officials of the previously appointed officials/bank who were making effort to divert the allocated funds to their private accounts. To prevent this, we have appointed a Financial Consultant to oversee this payment exercise. We will monitor the process to avoid any repetition of the hopeless situation created by the previous officials. An irrevocable payment guarantee would be issue in your favour for the release of your payment prior to verification and authentication of your payment.
Note, your File Reference Number is: ICSID/WB/ICC- UNCCORG/8491 for your payment falls under the Euro-Asia-Africa geographic payment zoning (EAA1). Therefore your payment, when processed under the EAA1 geographic payment zoning would be released to you via the Financial consultant.
As a matter of precedent, you are required to reconfirm your payment particulars by filling in the attached form and subsequently return same along with a valid copy of your identification. See attachment copy of my identification for your record.
With best compliments,
Jae J. Lee
Inspector General for World Bank International Center for Settlement of Investment Disputes (ICSID).