
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’s stake in a gas field off the coast of Senegal for $250 million in 2017. But documents obtained by ÃÛÑ¿´«Ã½ 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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