From the story he’s saying? The Lord Government force him to accept a deal to sell his land at a lower price for a new Four Lane Highway.
I don’t know the whole details so maybe Richard could write a few issues in this blog? Who knows?
5 comments:
Anonymous
said...
MEMORANDUM OF AGREEMENT
A DEED OF CO-OPERATION - OWNERSHIP
BETWEEN
SAMAILLA NUHU.
AND
RICHARD HARRIS.
MEMORANDUMOF AGREEMENT
MUTUAL CO-OPERATION, AGREEMENT
Made this day
Date 28th NOVEMBER 2006
BETWEEN
SAMAILLA NUHU.
Address: Ind bld Rue 40, Zone de Bois Ouagadougou BURKINA FASO, here in after referred to as the “INVESTOR” (PRINCIPAL) of the 1st part.
RICHARD HARRIS..
Address:……………………………?
Referred to as the “FUND MANAGER” (TRUSTEE) of the 2nd part
SECTION ONE: FACTS
1. The INVESTOR personally expressed his interest in investing his money, hereinafter called as “FUNDS”, in a profit oriented venture.
2. The Investor’s FUNDS is currently situated in Burkina Faso .
3. The INVESTOR personally contacted the FUND MANAGER to seek for assistance in determining the best investment facility that may be made for his FUNDS.
4. The FUND MANAGER, after further negotiations with the INVESTOR, agrees to the Investor’s desired plans for investment of his FUNDS.
NOW IT IS MUTUALLY AGREED AS FOLLOWS:
SECTION TWO: MODALITIES.
1. Both the INVESTOR and the FUND MANAGER agree that the latter shall use his professional expertise to materialize this investment of a determined Percentage of the INVESTOR’S part of the money in the company.
2. In matters of negotiations, the FUND MANAGER Acts as representative and is empowered to preserve the INVESTOR’s discretion and interests. In the name of the INVESTOR he is authorized to procure all necessary information and data, which he needs to correctly, carry out the assignment.
3. The FUND MANAGER is obliged to take any decision without prior consent and approval of the INVESTOR such consent not to be unreasonably withheld.
4. The INVESTOR commits himself not to take any steps and decision or to negotiate with any other institution or individual (s) without prior consent and approval of the FUND MANAGER.
SECTION THREE:
DISBURSEMENT AND MANAGEMENT OF FUNDS
1. For the purposes of this transaction, the INVESTOR hereby consents that the FUND MANAGER shall facilitate the receipt of the capital investment which will be under the FUND MANAGER’s name.
2. The INVESTOR shall remit to the FUND MANAGER the above capital investment amounting to$25,600 000.00 USD (Twenty five Million, Six Hundred Thousand US Dollars)
3. The INVESTOR and FUND MANAGER agree to set aside 5% of any and all forms of FUNDS, whether this is initial capital investment or borrowings, as a separate fund for set-up or organizational costs and expenses.
4. Upon receipt of the above FUNDS, the following disbursement and things shall be done by the FUND MANAGER.
A. All running costs and expenses incurred by fund manager and any party to this agreement shall be determined and appropriate re-imbursement made to such party/parties in such a way and manner as the party/parties may desire. Such re-imbursement for expenses shall be done from 5% of the total fund set aside for such.
B.The equivalent of 40% of the total fund, whether this is initial capital investment or additional funds, shall be appropriated by the FUND MANAGER as fees for services in implementing the investment plan. The FUND MANAGER has the right to withhold the whole share of 40% (commission and additionally reimbursement of expenditure) on a nominated account by him.
SECTION FOUR:
AMENDMENT
Any amendment to this contract shall be in writing and shall be signed by both parties.
SECTION FIVE:
EXPENSES
All expenses incurred by fund manager to this contract shall be reimbursed from the 5% sum upon the receipt of all the funds in his custody.
SECTION SIX:
CONTRACT VALIDITY
Should one of the provisions of this contract not considered applicable or valid for any reason, such event shall not prejudice the validity and efficacy of the remaining articles/clauses of the contract.
SECTION SEVEN:
TERMINATION OF CONTRACT
The present contract could be cancelled for reasons to be ascribed to one of the contracting parties. In case of default by the FUND MANAGER the later shall reimburse the INVESTOR the amount of calculated damages involved. In case of default by the INVESTOR the later shall reimburse the Fund Manager the amount of calculated damages involved.
SIGNATORIES OF THE PARTIES.
SIGNED SEALED AND DELIVERED BY THE WITHIN NAMED
THE INVESTOR (PRINCIPAL) the day and year first above written:
Date: 28th November 2006
IN THE PRESENCE OF:
SAMAILLA NUHU. SIGN…………………...
Date 28TH November 2006
SIGNED SEALED AND DELIVERED BY THE WITHIN NAMED
FUND MANAGER (TRUSTEE) the day and year first above written:
If he got $25 million I don't think he's got much to complain about, particularly if the above is true and he's dumb enough to put it in a backwater like Burkino Faso. I suspect somebody above just typed in 'Richard Harris' and posted the first thing that came up.
One thing about land, the only people that are abused by government when it comes to land are people. I doubt Irving or McCain's ever see that problem. In fact, a CBC story maintains that gas line expropriations were being carried out FOR Irving's gas lines by the government.
But when the government wants your land, you takes the first offer, hire a good lawyer and expect to pay a lot for little, or pull a Jackie Vautour! When it comes to government, they take what they want, unless your name is Irving (then they overpay for gas soaked land)
5 comments:
MEMORANDUM OF AGREEMENT
A DEED OF CO-OPERATION - OWNERSHIP
BETWEEN
SAMAILLA NUHU.
AND
RICHARD HARRIS.
MEMORANDUMOF AGREEMENT
MUTUAL CO-OPERATION, AGREEMENT
Made this day
Date 28th NOVEMBER 2006
BETWEEN
SAMAILLA NUHU.
Address: Ind bld Rue 40, Zone de Bois Ouagadougou BURKINA FASO, here in after referred to as the “INVESTOR” (PRINCIPAL) of the 1st part.
RICHARD HARRIS..
Address:……………………………?
Referred to as the “FUND MANAGER” (TRUSTEE) of the 2nd part
SECTION ONE: FACTS
1. The INVESTOR personally expressed his interest in investing his money, hereinafter called as “FUNDS”, in a profit oriented venture.
2. The Investor’s FUNDS is currently situated in Burkina Faso .
3. The INVESTOR personally contacted the FUND MANAGER to seek for assistance in determining the best investment facility that may be made for his FUNDS.
4. The FUND MANAGER, after further negotiations with the INVESTOR, agrees to the Investor’s desired plans for investment of his FUNDS.
NOW IT IS MUTUALLY AGREED AS FOLLOWS:
SECTION TWO: MODALITIES.
1. Both the INVESTOR and the FUND MANAGER agree that the latter shall use his professional expertise to materialize this investment of a determined Percentage of the INVESTOR’S part of the money in the company.
2. In matters of negotiations, the FUND MANAGER Acts as representative and is empowered to preserve the INVESTOR’s discretion and interests. In the name of the INVESTOR he is authorized to procure all necessary information and data, which he needs to correctly, carry out the assignment.
3. The FUND MANAGER is obliged to take any decision without prior consent and approval of the INVESTOR such consent not to be unreasonably withheld.
4. The INVESTOR commits himself not to take any steps and decision or to negotiate with any other institution or individual (s) without prior consent and approval of the FUND MANAGER.
SECTION THREE:
DISBURSEMENT AND MANAGEMENT OF FUNDS
1. For the purposes of this transaction, the INVESTOR hereby consents that the FUND MANAGER shall facilitate the receipt of the capital investment which will be under the FUND MANAGER’s name.
2. The INVESTOR shall remit to the FUND MANAGER the above capital investment amounting to$25,600
000.00 USD (Twenty five Million, Six Hundred Thousand US Dollars)
3. The INVESTOR and FUND MANAGER agree to set aside 5% of any and all forms of FUNDS, whether this is initial capital investment or borrowings, as a separate fund for set-up or organizational costs and expenses.
4. Upon receipt of the above FUNDS, the following disbursement and things shall be done by the FUND MANAGER.
A. All running costs and expenses incurred by fund manager and any party to this agreement shall be determined and appropriate re-imbursement made to such party/parties in such a way and manner as the party/parties may desire. Such re-imbursement for expenses shall be done from 5% of the total fund set aside for such.
B.The equivalent of 40% of the total fund, whether this is initial capital investment or additional funds, shall be appropriated by the FUND MANAGER as fees for services in implementing the investment plan. The FUND MANAGER has the right to withhold the whole share of 40% (commission and additionally reimbursement of expenditure) on a nominated account by him.
SECTION FOUR:
AMENDMENT
Any amendment to this contract shall be in writing and shall be signed by both parties.
SECTION FIVE:
EXPENSES
All expenses incurred by fund manager to this contract shall be reimbursed from the 5% sum upon the receipt of all the funds in his custody.
SECTION SIX:
CONTRACT VALIDITY
Should one of the provisions of this contract not considered applicable or valid for any reason, such event shall not prejudice the validity and efficacy of the remaining articles/clauses of the contract.
SECTION SEVEN:
TERMINATION OF CONTRACT
The present contract could be cancelled for reasons to be ascribed to one of the contracting parties. In case of default by the FUND MANAGER the later shall reimburse the INVESTOR the amount of calculated damages involved. In case of default by the INVESTOR the later shall reimburse the Fund Manager the amount of calculated damages involved.
SIGNATORIES OF THE PARTIES.
SIGNED SEALED AND DELIVERED BY THE WITHIN NAMED
THE INVESTOR (PRINCIPAL) the day and year first above written:
Date: 28th November 2006
IN THE PRESENCE OF:
SAMAILLA NUHU.
SIGN…………………...
Date 28TH November 2006
SIGNED SEALED AND DELIVERED BY THE WITHIN NAMED
FUND MANAGER (TRUSTEE) the day and year first above written:
Date: 28th November 2006
IN THE PRESENCE OF
RICHARD HARRIS.
SIGN ……………………
If he got $25 million I don't think he's got much to complain about, particularly if the above is true and he's dumb enough to put it in a backwater like Burkino Faso. I suspect somebody above just typed in 'Richard Harris' and posted the first thing that came up.
One thing about land, the only people that are abused by government when it comes to land are people. I doubt Irving or McCain's ever see that problem. In fact, a CBC story maintains that gas line expropriations were being carried out FOR Irving's gas lines by the government.
But when the government wants your land, you takes the first offer, hire a good lawyer and expect to pay a lot for little, or pull a Jackie Vautour! When it comes to government, they take what they want, unless your name is Irving (then they overpay for gas soaked land)
http://govinjustice.blogspot.com/ ?charles put up the site the people will see for then self.
Corporate land gets taken for government projects often. Companies sometimes settle before the land is expropriated, as do some people
Name one.
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