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The $10 Billion Energy Scandal

BP has agreed to pay around ten billion dollars to a businessman involved in a suspicious energy deal. The energy giant bought Frank Timis鈥檚 stake in a gas field off the coast of Senegal for $250 million in 2017. But documents obtained by 大象传媒 Panorama and Africa Eye reveal that BP will also pay his company between nine and twelve billion dollars in royalties. Both BP and Mr Timis deny any wrongdoing.

Update: This article is subject to a legal claim by Frank Timis and Timis Corporation.

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29 minutes

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