27/07/2025
PROCEDURE AGREEMENT BUYING AU IN TRANSIT DUBAI
This Agreement is made and entered into on this ___ day of July, 2025, by and between:
1. The Seller: Sudanese Liberation Movement (hereinafter referred to as the "Seller").
2. The Buyer: __________________________ (hereinafter referred to as the "Buyer").
3. The Finance Company: __________________________
Address: __________________________ (hereinafter referred to as the "Finance Company").
RE: Transaction and Movement of 2,000 kg of High-Value Commodity (Gold Dore) in Transit
(Origin: North Sudan | Final Destination: __________________________)
Background
This Agreement defines the Standard Operating Procedure (SOP) for the secure handling, inspection, sampling, verification, change of ownership, and shipment of 2,000 kilograms (2 metric tons) of Gold Dore originating from North Sudan.
Due to the sensitive origin and security considerations of the consignment, all operations must ensure privacy, discretion, and full compliance with applicable laws and the agreed-upon procedures.
The consignment is currently in transit in Dubai, having left Kenya with financial and logistical facilitation by the Finance Company, which currently holds temporary custody and is responsible for its secure handling as per this SOP.
STANDARD OPERATING PROCEDURE (SOP)
1. Acknowledgment & Acceptance
All parties (Buyer, Seller, and Finance Company) shall review and sign this Agreement to confirm their commitment to follow the protocols herein without deviation.
2. Inspection Authorization
The Finance Company shall formally request a customs-supervised movement of the consignment from its classified bonded warehouse to Dubai Customs for inspection.
The inspection shall be conducted discreetly, in coordination with the Buyer and their appointed clearing agent.
3. Transportation & Insurance
The parties shall jointly arrange secure, bullion-grade transportation from the bonded warehouse to the inspection point and, subsequently, for any onward movement.
A high-value, all-risk insurance policy shall be maintained throughout the entire logistics process.
4. Sampling
The Buyer shall have the right to select random samples from the bulk consignment, as permitted by Dubai Customs regulations.
Sampling shall be performed by certified technicians in the presence of representatives from all three parties.
5. Independent Assay by Buyer
The selected sample shall be tested, and the results shall be released to the Buyer.
The Buyer may transport the sample to a refinery of their choice for assay and quality verification, upon full reimbursement of the Finance Company’s advance payment (as stated in Clause 6).
6. Reimbursement & Documentation Release
Upon positive assay confirmation, the Buyer shall:
1. Reimburse the Finance Company for all funds spent on shipment and logistics from Nairobi.
2. Pay a 2.5% interest fee on the total financed amount.
Once full reimbursement is made, the Finance Company shall release all original export, customs, and legal ownership documents to the Buyer.
7. Change of Ownership
The Buyer and Seller, through their appointed legal representatives in Dubai, shall execute the Change of Ownership, adhering to all local jurisdictional and international trading standards.
8. Final Payment & Shipment
The Buyer and Seller shall finalize all outstanding payments.
Secure shipping arrangements shall be made to deliver the consignment to the final declared destination.
9. Successful Delivery Assurance
All parties commit to ensuring that the 2,000kg gold consignment reaches the Buyer’s chosen destination safely and discreetly, without any legal, financial, or logistical complications.
CONFIDENTIALITY & RISK ACKNOWLEDGMENT
Due to the high-security nature of the product’s origin (North Sudan) and potential UAE security oversight, all parties agree to:
Maintain strict confidentiality regarding the consignment and all related processes.
Avoid any exposure to local UAE markets.
Fully comply with this SOP, as any deviation may result in confiscation or legal complications.
SIGNATURES & ACCEPTANCE
Buyer:
Name: ___________________________
Signature: ________________________
Date: ____________________________
Seller (Sudanese Liberation Movement):
Name: ___________________________
Signature: ________________________
Date: ____________________________
Finance Company Representative:
Name: ___________________________
Signature: ________________________
Date: ____________________________
