The $10 Billion Energy Scandal

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Movie Details

Title
The $10 Billion Energy Scandal
Overview
| BBC | 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.
Runtime
0 h 29 min
Genres
Bribery
Actors
Energy industry,
Country
 Senegal
Release Date
2 June 2019
Production
from BBC News at bbc.co.uk/news
Official Website
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