Up next

Autoplay

The $10 Billion Energy Scandal - Full documentary - BBC Africa Eye & Panorama

19 Views • 08/05/20
Share
Embed
BBC News Africa
BBC News Africa
29 Subscribers
29

BP agreed to pay around $10bn (£8bn) to a businessman involved in a suspicious energy deal.

The energy giant bought Frank Timis' stake in a gas field off the coast of Senegal for $250 million in 2017.

But documents obtained by BBC Panorama and Africa Eye reveal that BP was also projected to pay his company between $9bn and $12bn in royalties.

Both BP and Mr Timis deny any wrongdoing. Read the full statement from Mr Timis here: https://bbc.in/2NOQP4j

Update 9 July 2019: BP did not dispute the $10 billion figure prior to publication, but has subsequently said it is wholly inaccurate and exaggerated.

Subscribe: http://bit.ly/subscribetoafrica
Website: https://www.bbc.com/africa
Facebook: https://www.facebook.com/bbcnewsafrica/
Twitter: https://www.twitter.com/bbcafrica/
Instagram: https://www.instagram.com/bbcafrica/

Show more
0 Comments sort Sort By

Up next

Autoplay