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 BBC 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.