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    Mou Uae

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    Fouda Guy Arsene
    This memorandum of agreement is between Mr. Mufungi Puati Jean Francois, a Ugandan national referred to as the "First Partner" and Mr. Khalid Mohamed Abubakar Ahmed, a Sudanese national referred to as the "Second Partner". The First Partner owns $600 million USD and has requested the Second Partner's help in transferring the funds to the UAE to establish investments. The Second Partner agrees to use his expertise to facilitate the transfer and materialize investments. Upon a successful transfer, 75% of the funds will be invested in the UAE under the First Partner's ownership, 20% will go to the Second Partner as compensation, and 5% will

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    Mou Uae

    Uploaded by

    Fouda Guy Arsene
    8 views4 pages
    This memorandum of agreement is between Mr. Mufungi Puati Jean Francois, a Ugandan national referred to as the "First Partner" and Mr. Khalid Mohamed Abubakar Ahmed, a Sudanese national referred to as the "Second Partner". The First Partner owns $600 million USD and has requested the Second Partner's help in transferring the funds to the UAE to establish investments. The Second Partner agrees to use his expertise to facilitate the transfer and materialize investments. Upon a successful transfer, 75% of the funds will be invested in the UAE under the First Partner's ownership, 20% will go to the Second Partner as compensation, and 5% will

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    MOU UAE

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    This memorandum of agreement is between Mr. Mufungi Puati Jean Francois, a Ugandan national referred to as the "First Partner" and Mr. Khalid Mohamed Abubakar Ahmed, a Sudanese national referred to as the "Second Partner". The First Partner owns $600 million USD and has requested the Second Partner's help in transferring the funds to the UAE to establish investments. The Second Partner agrees to use his expertise to facilitate the transfer and materialize investments. Upon a successful transfer, 75% of the funds will be invested in the UAE under the First Partner's ownership, 20% will go to the Second Partner as compensation, and 5% will

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    8 views4 pages

    Mou Uae

    Uploaded by

    Fouda Guy Arsene
    This memorandum of agreement is between Mr. Mufungi Puati Jean Francois, a Ugandan national referred to as the "First Partner" and Mr. Khalid Mohamed Abubakar Ahmed, a Sudanese national referred to as the "Second Partner". The First Partner owns $600 million USD and has requested the Second Partner's help in transferring the funds to the UAE to establish investments. The Second Partner agrees to use his expertise to facilitate the transfer and materialize investments. Upon a successful transfer, 75% of the funds will be invested in the UAE under the First Partner's ownership, 20% will go to the Second Partner as compensation, and 5% will

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    of 4

    NIGEL & ASSOCIATES

    Attorney & Councillors at Law.


    (Legal Practitioners/Notary Public)
    Adumi road 23-Arua -Municipality
    Uganda

    Tel:- +256726277887
    EmailEnquires:[email protected]
    ATTENTION; AFRI AMCO HOLDING LIMITED
    C/O KHALID MOHAMED ABUBAKAR AHMED
    Act of/ law/0016/23/08/2021

    MEMORUNDUM OF MUTUAL
    AGREEMENT OF PARTNERSHIP
    BETWEEN THE BOTH PARTIES.
    Mutual co-operation agreement made this day
    the ......23rd ...... of Agust..........2021...........

    BETWEEN
    MR/Dr MUFUNGI PUATI JEAN FRANCOIS UGANDAN NATIONAL hereinafter referred
    to as “The First Partner” on the first part.of the Section.(a)
    AND
    MR. Dr KHALID MOHAMED ABUBAKAR AHMED. A SUDANESE
    NATIONAL of SUDAN

    SECTION ONE: ACTS Of Law/0016/29/04/2017

    (1) The First Partner Mr/Dr MAIGA GEORGES.is the original owner of the sum of
    (US 600,000,000.00 Six Hundred Millions United States Dollars only,
    hereinafter called “The First Partner”.

    (ii) The Second Partner, Mr KHALID MOHAMED ABUBAKAR A.. Co-partner Is


    required to use his facilities in order to affect the Remmittance/ transfer of the
    fund to UAE and materialize its for further Establishment/ investment by all legal
    means and procedures to be provided by the “first Partner.

    (iii) The “First Partner, Mr/Dr MUFUNGI PUATI JEAN F. has requested, while
    “Second Partner Mr KHALID MOHAMED ABUBAKAR A. has agreed to
    provide service per article no (ii) above been Stated.
    (iv) For the purpose of Mutual Confidence/honesty and transparency, the “First
    Partner” and “Second Partner” shall abide by law and remian trustworthy and
    committed to ensure that a smooth Remmittance/ transfer of the fund and the
    whole transaction is achieved.

    SECTION TWO: MODALITIES.

    (i) The “Second Partner” shall use his professional expertise to materialize
    further Establishment /investments In a lucrative business venture in his country
    of Origin or elsewhere.

    (ii) At all times, it shall be the duty of the “First Partner” to do all things necessary to
    secure a timely completion of all matters required for the deposit and ensure
    that everything is done legal.
    (iii) SECTION THREE: DISBURSEMENT AND MANAGEMENT OF FUND.

    (i) All The running expenses incurred:During the Whole Transactions, appropriate
    reimbursement will be made to the “Second Partner immediately the money is
    Been Transferred. And Remmitted To him. For The Procceedings of the
    Principal Project.

    (ii) The equivalent of 75% of the total sum shall be invested in UAE,. in the
    ownership of the “First Partner” As been Discussed Prevously, in a way and
    manner desired by him.

    (iii) The equivalent of 20 % of the total fund shall be given to the “Second Partner”
    Mr,KHALID MOHAMED ABUBAKAR A. as compensation and Commission.
    for his services rendered in executing the transfer, transaction and materializing
    further investment of it. While he Is an Executive Member/ Partner of the Board
    Of The Directors and Trustees Of The Company.While Other Neccessary
    Agrreements will be Negotiated On round table meetings as Regards to the
    Profits made Annually by the Boards of the Managements.As the Company
    Procceeds Into Actions.

    (iv) 5% of the total sum will be mapped out for the re-imbursement of expenses
    incurred by both parties during the course of the transaction locally and
    Internationally as regards to the Success of the Whole Transactions towards the
    Investment..As the Transfer Is Done.

    CONTRACT VALIDITY

    Should one the provisions of this contract not considered Applicable and
    efficiency of the remaining articles of the contract which will be considered valid
    enforceable between the Both parties For Mutual Understandings For The
    Formal Relationship for the Both Parties.

    Signed; By The both Parties in the day and year noted above.

    MR MUFUNGI PUATI JEAN F. Date : ..........23rd Agust


    2021...........................

    Mr KHALID MOHAMED ABUBAKAR A. CO-


    PARTNER)................ Date :

    ...........23rd Agust 2021......................

    THANKS FOR YOUR CO-OPERATIONS

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