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Blue Petrol Oil FZE

Black List Client Database

Client ID:

BL-G-001

 

Company Name

Global Horizons Commodities Limited

First Name:

Mr. James Isbir 

Last Name:

Ahmed

Status:

Trader - Operating from London while company is registered in Cyprus.

Rated:

No rate

  Listed on: 31.01.05

Referred by:

Ms. Dawn Hana Via Mr. Praloy Datta

Communication:

Start: 09.01.05

End: 31.01.05

Introduced BPO to:

 

 

Products:

Petroleum Commodities

Note:

Mr. James I. Ahmed signed with us two agreements for Syrian Heavy Crude Oil, one for 12 cargos and second for 11 cargos, but he was unable to perform with banking or even get Letter Of Interest from NNPC to purchase the crude from us.

 

He used always to explain his delay with non logistical excuses, such as banker is traveling, NNPC is verifying about our company, etc...

 

Two weeks passed with non real excuses from Mr. Ahmed, therefore we informed him our intent to black-list his company. On same day of our announcement and at 02:30 AM of 24th Jan Mr. Ahmed made conference call via Ms. Dawn with Mr. Mohammed Aladdin (Sales Operation Manager) and tried to convince him to delay selling the contract to other party and not to enable any other party to purchase the contract etc... and he offered to pay to Mohammed Aladdin commission which is US.$ 1.00 per bbl for his assistance. Mr. Ahmed assured to Mr. Aladdin that NNPC officer will fax to BPO a request to verify the products with SYTROL same day early morning. So Mr. Aladdin showed Mr. Ahmed interest and confirm his acceptance to cooperate and at same time Mr. Mohammed informed the President of BPO about Mr. Ahmed offer for commission. 

 

As per the instruction of BPO president to hold the contract for Mr. Ahmed. for 24 hours, but neither NNPC called, nor fax message received by BPO as per Mr. Ahmed's claims. 

 

Always during updating with Mr. Ahmed via Ms. Dawn about the process, we used always to hear from him.. after one hour..., today ...., tomorrow ....... now they will call ....... so three days passed and there was no real paperwork presented by Mr. Ahmed or received by NNPC which confirm his processing according to his agreement obligations.

 

Recently he sent request to defer laycan of first cargo from 01/03 Feb to 28th Feb as if we were owning SYTROL, and also requested to keep his rights to receive cargo on FOB while he was insisting to receive cargos C&F term to Logos port.

 

From above facts BPO decided to publish him into herein black board, as defaulter and waster of time. 

 

 

Documentation :

Page (1)   of contract.

Page (3)   Procedure of contract.

Page (19) of contract.

Our Letter to GHC.

GHC firm reply to our letter.