16 Views· 26 July 2022
The $10 Billion Energy Scandal - Full documentary - BBC Africa Eye & Panorama
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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.
Update 23 December 2020: This film is subject to a legal claim by Frank Timis and Timis Corporation.
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