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Episode details

World Service,02 Dec 2022,26 mins

Ukraine accuses BP of receiving 'blood money' from war

World Business Report

Available for over a year

The chief economic adviser to Ukraine's president has warned BP that hundreds of millions of dollars earned from an investment in Russian energy company, Rosneft, amounts to 'blood money'. Oleg Ustenko has written to BP's chief executive, Bernard Looney, calling on it to use the money to establish a fund for Ukrainian victims of the war. BP insists it has not received any dividends from Rosneft and has written down the value of the assets to zero. (Image: FARMINGDALE, NEW YORK - SEPTEMBER 15: A general view of a BP gas station on September 15, 2022 in Farmingdale, New York, United States. Image Credit: Getty Images).

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