Penny Mahoney

[38]

7 May 2005

Dear Mr. Ibrahim,

Thank you for your kind words and understanding. As you can understand I am most upset by the bad behaviour of the Americans. My business has been set back over one month now so I really appreciate your cooperation so that I can secure a reliable supply of good quality gold.

I am forwarding a message that was sent to me by the Douglas Morgan Group. They want me to contact a man in London and to cease communication with you. I am not trying to cause any problems in your business but I thought that you should know what Douglas Morgan said to me. Perhaps before I commit to traveling again you and Mr. Frempong should straighten things out with each other.

Please do not tell him that I said this but I always thought that you and not Mr. Frepong had my best interests at heart and that he may have been trying to dominate this deal to your disadvantage. It seemed to me that he was trying to cut you out of some aspect of this business by meeting me at the airport before you. Maybe I misunderstand his actions but I prefer to deal with you, sir.

Let me know what the next steps are and if you want me to ring up the man in London as Mr. Frempong suggested.

Thank you for everything,
Penny