petro saudi deal struck on the yorkshire required when major to initially invest one billion dollars in the joint venture and petro saudi to contribute energy concessions valued at almost three billion dollars. it's very easy and i listen. what they did the bin in the front company something that could appear very legal and they found this very beautiful name. it looks like it's the official oil company off of saudi arabia that's the only quality but. this beautiful name so the frame of the gun where the stub of. the e-mails showed those billions of dollars were the petro saudi energy concessions had been hugely and fraudulently overvalued something's a.v.o. always suspected and now believed was crucial to the alleged criminal scam in two thousand and nine. but you can hone and ask me if i knew a company or a guy that could evaluate the four to billions. they said no way i'm going to have. a company that is worth pretty much nothing for the billions but it seems mahoney in a bird age got what they wanted by restricting the work of the value asia is cause of work is to have value. a n

to expand the petro chemicals business instead of the kingdom's heavy reliance on oil sales. so influential in port arthur goodwill tiva security sent a policeman to stop us from filming they even called the police to hold us until they could question why journalists were filming their facilities. despite tight control over media and any opinion which doesn't fall in line with that of the kingdom. efforts to privatized had been a hard sell at home. with very little accountability of the ruling family radical changes are viewed with suspicion by many ordinary saudis. one of the major objections by people in the kingdom was their fear that the money would go into the pockets of the royal family rather than be used in a transparent way to provide government services to the people in other words waste fraud and mismanagement are a concern on the part of the public concerned by foreigners i think the conference is trying to create an environment conducive to foreign investment but events things keep happening questions keep getting raised that make that difficult. geo political po

petro saudi is a company at the heart of malaysia's stolen billion in two thousand and nine it entered into a one point eight billion dollars joint venture with one aim to be. the deal was struck on a make a yacht in the mediterranean on board the now fugitive malaysian financier an alleged mastermind jolo who then prime minister najib resigned and his wife. and the hosts petro saudi cofounders prince turki a son of the late king of saudi arabia and to record by at the time to record buried was one of saving is best friends february two thousand. contacted me a couple of times. office because they signed a deal with the malaysian money and they needed directly the guy that you could trust. to run to run the company. xavi went to work with a record by eight and another director patrick mahoney but seven months into the job he says things started to sour it said that if you receive a lot of money you become crazy that's a fact i sold up direct started buying a flat after you bought. renting your in the south of france it's probably are familiar euro's weak everything becomes like extrava

four months later xavier was jailed in thailand on a charge of attempted blackmail against petro saudi it was a terrible shock and there were some very very terrifying pictures i mean he's surrounded by heavily armed guards he was in handcuffs he was being he was being paraded for the malaysian media so therefore you could see that there was conspiracy here at the highest levels. back in malaysia then prime minister knowledge of reserve was facing a leadership crisis as he tried to explain one in degrees mind boggling fifteen billion dollar debt. xavi is a wrist was the start of a relentless campaign to discredit the former insider petrocelli announced it was a victim of a crime by an unscrupulous ex employee and hired a dart a security expert who then discredited castle brown he stated to the world media that i had forged the data and that i had doctored it and that there was you know that i was lying and it was great that these things were being said so i knew something incredibly was going on at a very high level and clearly hugely funded. and things would become even more or just d

generation and here's here's here's basically the lay of the land saudi arabia forty four percent of saudi arabia's electricity generation right now comes from oil and that's both horrible for the environment and bad for the country economically it much rather sell that oil or turn it into petro chemicals or some other profitable substance basically any toil that they burn for electricity is basically wasted now this is a country that cannot use hydroelectric power which is very very beneficial for baseload electricity generation and so the only non hydrocarbon electricity source of electricity that they can really turn to at this point is nuclear so it's extremely beneficial and these see it as as basically an imperative to build nuclear power plants and that's not just saudi arabia it's other places in the gulf as well. a veteran new york times correspondent has been denied entry into egypt david kirkpatrick was detained without explanation of the arrived at cairo airport on monday the former cairo bureau chief was then scored on to a flight back to london the following day the new york

it's a subsidiary of the centerpiece of saudi crown prince mohammed bin vision twenty thirty he wants to expand the petro chemicals business instead of the kingdom's heavy reliance on oil sales motif is so influential in port arthur goodwill tiva security sent a policeman to stop us from filming they even called the police to hold us until the very question of why journalists were filming their facilities. despite tight control over media and any opinion which doesn't fall in line with that of the kingdom. efforts to privatized had been a hard sell at home. with very little accountability of the ruling family radical changes are viewed with suspicion by many ordinary saudis. one of the major objections by people in the kingdom was their fear that the money would go into the pockets of the royal family rather than be used in a transparent way to provide government services to the people in other words waste fraud and mismanagement are a concern on the part of the public they're also concerned by foreigners i think the conference is trying to create an environment conducive to foreign i

in the hosts petro saudi cofounders prince turki a son of the late king of saudi arabia and to record. at the time to record bade was one of saving is best friends february two thousand. contacted me a couple of times. office because they signed a deal with the malaysian money and they needed directly the guy that you could trust. to run to run the company. xavi went to work with a record by eight and another director patrick mahoney. but seven months into the job he says things started to sour it said that if you receive a lot of money you become crazy that's a fact i saw the direct starting with buying a flat after you bought. renting your in the south of france it's probably unfamiliar euros week everything becomes like extravaganza so i started to treat me like a star he was treating other people very bad xavier resigned april twentieth levon he says he was only two point five million dollars and to ensure he played he had more than two hundred thirty thousand confidential emails downloaded from the company server on to a hard drive. again there were a lot of money involved. the a

to expand the petro chemicals business instead of the kingdom's heavy reliance on oil sales. so influential in port arthur goodwill tiva security sent a policeman to stop us from filming they even called the police to hold us until they could question why journalists were filming their facilities. despite tight control over media and any opinion which doesn't fall in line with that of the kingdom efforts to privatized had been a hard sell at home. with very little accountability of the ruling family radical changes are viewed with suspicion by many ordinary saudis. one of the major objections by people in the kingdom was their fear that the money would go into the pockets of the royal family rather than be used in a transparent way to provide government services to the people in other words waste fraud and hispanic front are a concern on the part of the public concerned by foreigners i think the conference is trying to create an environment conducive to foreign investment but events things keep happening questions keep getting raised that make that difficult. geo political po

the e-mails showed those billions of dollars were the petro saudi energy concessions had been hugely and fraudulently overvalued something's a.v.o. always suspected and now believed was crucial to the alleged criminal scam in two thousand and nine. but you can hone enteric ask me if i knew a company or a guy that could evaluate petrel so the four to billions. i'm going to have. a company that is worth pretty much nothing for the billions but it seems mahoney in a bird age got what they wanted by restricting the work of the value asia is cause of work is to have value. the number of houses not. the owner of the. three just overlooking something is nothing i can see. they're giving privileges of i said that it's not but it's not belonging to the scheme. and xavi is cache of documents revealed even more fraudulent activity he was flicking through very quickly and there was there was one sort of bank transfer. i said to him can we go back and look at that because there was a seven an awful lot of zeros i'm assuming it was the seven hundred thousand dollar transfer but actually was there

but laura didn't cut ties with petro saudi she says they were now promising an early release for her husband patrick called me and he was i mean but you know it's we had to do that for the press for the shaw don't worry you will celebrate christmas song with your husband. and you know this that's the point where. you know i have to have a backup plan. and corporate of the thing i was making sure that everything was recorded to make sure that if when the i could prove when they're done. laurie says patrick mahoney pressured her to download an application on her phone so she could record conversations with clear blue castle brown that could then be used to incriminate the journalist. actually i managed to record them . who they are pretty in a way because they forgot that every time they would call me it would've been recorded. many of the recordings are now evidence for criminal complaints the couple have filed in switzerland and the united kingdom and have also been shared with other old thora g.'s including the f.b.i. the prime minister of malaysia was often the subject of discussio

to expand the petro chemicals business instead of the kingdom's heavy reliance on oil sales. is so influential in port arthur goodwill tiva security sent a policeman to stop us from filming they even called the police to hold us until they could question why journalists were filming their facilities. despite tight control over media and any opinion which doesn't fall in line with that of the kingdom. efforts to privatized had been a hard sell at home. with very little accountability of the ruling family radical changes are viewed with suspicion by many ordinary saudis. one of the major objections by people in the kingdom was their fear that the money would go into the pockets of the royal family rather than be used in a transparent way to provide government services to the people. in other words waste fraud and hispanic front are a concern on the part of the public they're also concerned by foreigners i think the conference is trying to create an environment conducive to foreign investment but events things keep happening questions keep getting raised that make that difficult

petro saudi deal struck on the yorkshire required when nature to initially invest one billion dollars in the joint venture and petro saudi to contribute energy concessions valued at almost three billion dollars. it's very easy and i listen at money what they did the bin in the front company something that could appear very legal and they found this very beautiful name. it looks like it's the official oil company of saudi arabia that's the only quality but. this beautiful name so the frame of the gun where the stub of. the e-mails showed those billions of dollars were the petro saudi energy concessions had been hugely and fraudulently overvalued something's a.v.o. always suspected and now believed was crucial to the alleged criminal scam in two thousand and nine. but you can hone and ask me if i knew a company or a guy that could evaluate the four to billions. they said no way i'm going to us. a company that is worth pretty much nothing for the billions but it seems mahoney in a bird age got what they wanted by restricting the work of the value asia is cause of work is to have value. a

four months later xavier was jailed in thailand on a charge of attempted blackmail against petro saudi it was a terrible shock and there were some very very terrifying pictures i mean he is surrounded by heavily armed guards he was in handcuffs he was being he was being paraded for the malaysian media so therefore you could see that there was conspiracy here at the highest levels. back in malaysia then prime minister najib resign was facing a leadership crisis as he tried to explain one in degrees mind boggling fifteen billion dollar debt. xavi is a wrist was the start of a relentless campaign to discredit the former insider petro sell the announced it was a victim of a crime by an unscrupulous ex employee and hired a dart a security expert who then discredited castle brown tees stated to the world media that i had forged the data and that i had doctored it and that there was you know that i was lying and it was. that these things were being said so i knew something incredibly was going on at a very high level and clearly hugely funded. and things would become even more just design a v

the environment and bad for the country economically that much rather sell that oil or turn it into petro chemicals or some other profitable substance basically any toil that they burn for electricity is basically wasted now this is a country that cannot use hydroelectric power which is very very beneficial for baseload electricity generation and so the only non hydrocarbon electricity source of electricity that they can really turn to at this point is nuclear so it's extremely beneficial and these see it is as basically an imperative to build nuclear power plants and that is not just saudi arabia it's other places in the gulf as well of course and so if you look at it from a purely economic point of view is the white house looking at this in terms of the the money can make the investment it can have the say it could have in terms of nuclear plant construction within saudi arabia because if it doesn't take the first step russia south korea and china are just waiting on the doorstep are they not to fill a void. exactly and right now saudi arabia has made it very clear that they're going fo

states that are active in the civil war in yemen but with some exclusions we say that some petro petro boats small boats lightly armed and weapon built in germany can be delivered again to saudi arabia because they are not able to be a player all in that yemen conflict and from my point a few we should think about to come back to is that strict but in this case open and regulatory that we agreed on in the coalition in march last year. just a few days ago you criticized the grand coalition partners the social democrats for what you called a restraint of stance on arms export policy is do you stand by that or you know are you are you rethinking it now that you've been confronted with this information. we have the most tricked export regime on weapons all over europe but we need to keep involved in despair we want to have the best equipment for the despair and we cannot deliver it and produce and develop that by us own because the numbers of two it's we need to if you therefore we need to. in a moment industry and our partners for example like france expect that we agree on how we handle