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20261012 104500 UTC
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[00:00:11] latest news, interviews, results results and goals as we follow every
[00:00:14] every twist of the Premier League
[00:00:16] League season here on BBC News. MUSIC
[00:00:32] Being able. To inspire someone
[00:00:34] is always the greatest joy. I. I
[00:00:37] I saw Souza one time at the Grammys Grammys and she said that she studied
[00:00:40] studied some of my songs for their their songwriting and I thought that that that was the biggest compliment
[00:00:43] compliment ever. My support for Ukraine
[00:00:47] Ukraine is unwavering. It is 100%
[00:00:50] 100% when the big names talk, they
[00:00:52] they talk to us.
[00:01:04] Hello. You're with BBC News. I'm Geeta Guru-Murthy. Let's return
[00:01:08] return now to the news that Houthi Houthi fighters in Yemen have continued
[00:01:12] continued to fire missiles towards towards Saudi Arabia after three
[00:01:15] three deadly attacks on Riyadh airport airport in the last few days. Our
[00:01:19] Our security correspondent Frank
[00:01:20] Frank Gardner told us more. I think
[00:01:23] think it is a surprise at how poor poor or ineffective their air defences
[00:01:26] defences are. Saudi Arabia has spent spent billions and billions of dollars
[00:01:30] dollars over the last few decades
[00:01:33] decades in buying state of the art
[00:01:36] art defences equipment from mostly mostly from the US but also from
[00:01:39] from the UK and other countries. countries. And yet they seem unable
[00:01:42] unable to stop these very damaging damaging strikes that are hitting
[00:01:46] hitting not just King Khalid International International Airport in Riyadh,
[00:01:49] Riyadh, but smaller airports like like Abha, Jizan, Mushait but also
[00:01:53] also their oil and petrochemical petrochemical facilities at Yanbu
[00:01:56] Yanbu and Kiribati and Dammam. So
[00:02:00] So the Houthis, who I think have have perhaps been dismissed by some
[00:02:03] some in the region as being just
[00:02:05] just a bunch of sort of mountain
[00:02:08] mountain brigands with very antiquated antiquated weapons. They turn out
[00:02:11] out to be far more dangerous, I think, think, than people expected. The
[00:02:15] The Houthis survived seven years
[00:02:16] years of warfare with the Saudis
[00:02:20] Saudis from 2015 to 2022. There was was then a UN brokered truce and
[00:02:23] and four years of relative calm. calm. Some there were some unconfirmed
[00:02:27] unconfirmed reports of payouts by
[00:02:29] by the Saudis affectionately, effectively
[00:02:32] effectively kind of almost danegeld danegeld kind of protection money.
[00:02:35] money. But then that the war reignited
[00:02:38] reignited this summer when Saudi
[00:02:39] Saudi Arabia bombed Sanaa airport airport and the Houthis responded
[00:02:43] responded with a barrage of missiles.
[00:02:45] missiles. The Houthis then advanced
[00:02:48] advanced rapidly down the Red Sea Sea coast of Yemen, threatening the
[00:02:52] the Bab al-Mandab choke point at at the southern end of the Red Sea
[00:02:55] Sea so that they could control what
[00:02:57] what shipping goes from. From the the Mediterranean to the Indian Ocean.
[00:03:01] Ocean. So that's a huge geostrategic geostrategic win for them. If they
[00:03:04] they can do that. And they're now
[00:03:07] now locked in a battle, the Saudis Saudis that it's difficult to see
[00:03:10] see how they can win this, they're they're not necessarily going to
[00:03:12] to lose it. But the Houthis are puncturing
[00:03:16] puncturing Saudi Arabia's image of
[00:03:18] of this great safe place to invest.
[00:03:21] invest. Frank Gardner there, a BBC BBC investigation has revealed that
[00:03:24] that the world's biggest accountancy accountancy firm helped falsify documents
[00:03:27] documents that allowed the former former Chelsea Football Club owner
[00:03:30] owner Roman Abramovich to hide his
[00:03:32] his wealth and evade tax. BBC Panorama
[00:03:34] Panorama has uncovered hundreds of of documents that were backdated backdated by the Russian billionaires
[00:03:38] billionaires advisers. Many were were drawn up with the help of Deloitte.
[00:03:42] Deloitte. Roman Abramovich denies denies any wrongdoing. Deloitte says
[00:03:44] says it complies with applicable
[00:03:46] applicable laws. Richard Bilton reports.
[00:03:51] reports. Things have. Changed for.
[00:03:53] for. Roman Abramovich. He has been. been. Sanctioned because of his links
[00:03:56] links to Vladimir Putin. He's been
[00:03:58] been forced to sell his beloved Chelsea
[00:04:01] Chelsea and now revelations from from inside his financial empire.
[00:04:05] empire. If you want to understand understand Roman Abramovich, follow
[00:04:09] follow the money. This is Cyprus,
[00:04:11] Cyprus, home to a web of companies
[00:04:13] companies that were holding his wealth
[00:04:17] wealth working with the Bureau of
[00:04:19] of Investigative Journalism. Panorama Panorama has been investigating a
[00:04:22] a data leak which shows the lengths
[00:04:25] lengths some of his Cypriot advisers advisers went to hide his billions.
[00:04:29] billions. They falsified and backdated
[00:04:33] backdated hundreds of documents. documents. It is trying to cover
[00:04:35] cover up something. And what we appear
[00:04:38] appear to have here is a fiddle factory
[00:04:40] factory in a fiddle factory you fiddle
[00:04:42] fiddle the transactions, you backdate
[00:04:45] backdate them and that is what appears appears to have been happening here
[00:04:49] here regularly. In 2003, one of Roman
[00:04:52] Roman Abramovich's Cypriot companies
[00:04:54] companies called Kravin Investments, Investments, had almost $2 billion
[00:04:58] billion of his money in the bank. bank. Deloitte confirmed certain
[00:05:02] certain changes will have to be made
[00:05:04] made to the accounts. That's Deloitte
[00:05:06] Deloitte apparently advising on falsifying
[00:05:09] falsifying financial records by backdating
[00:05:11] backdating them. The evidence suggests
[00:05:13] suggests it allowed Mr Abramovich
[00:05:15] Abramovich to evade millions in tax.
[00:05:19] tax. It's a straightforward and blatant
[00:05:26] blatant move to protect from legitimate
[00:05:30] legitimate taxation assets which which should otherwise have been
[00:05:33] been subject to tax. So it's tax tax evasion? Yeah. Straightforward.
[00:05:37] Straightforward. And how serious serious is that? Well, again, if
[00:05:39] if it happened in England and it it was in the millions His Majesty's
[00:05:43] Majesty's Revenue and Customs would
[00:05:45] would be thinking about a prosecution.
[00:05:48] prosecution. Roman Abramovich's lawyers
[00:05:49] lawyers say he denies he evaded tax
[00:05:52] tax or concealed his fortune. They
[00:05:55] They say he was not involved in the the day to day operation of the companies,
[00:05:59] companies, and Panorama has provided provided no evidence that he knew
[00:06:03] knew of authorised or directed the
[00:06:06] the falsification or backdating of
[00:06:08] of any documents. Deloitte Cyprus
[00:06:10] Cyprus says it's unable to comment comment because the documents are
[00:06:13] are more than 20 years old and no
[00:06:16] no longer accessible. Richard
[00:06:28] Bilton, BBC News. In. Africa enterprise
[00:06:30] enterprise sponsored by upstart group.
[00:06:35] group. MUSIC
[00:06:44] I've come to Cassava
[00:06:45] Technologies data Factory in Johannesburg
[00:06:48] Johannesburg a next generation data
[00:06:49] data centre built to process AI.
[00:06:53] AI. It plugs into a 110,000km fibre
[00:06:58] fibre optic network stretching from
[00:06:59] from Cairo to Cape Town. For decades,
[00:07:04] decades, much of Africa's digital digital traffic has bounced through
[00:07:08] through Europe. Infrastructure like
[00:07:09] like this gives the continent digital
[00:07:12] digital control. But as the world
[00:07:15] world enters the AI revolution, what
[00:07:17] what will give Africa the competitive
[00:07:20] competitive edge? The ambition for
[00:07:26] for us is to build a digital infrastructure
[00:07:30] infrastructure and AI compute platform.
[00:07:32] platform. We are focused on five
[00:07:34] five of Africa's biggest markets,
[00:07:36] markets, South Africa being one.
[00:07:39] one. Kenya is the other one. Nigeria.
[00:07:44] Nigeria. Egypt and Morocco. And each
[00:07:47] each of these countries act as regional
[00:07:50] regional hubs on which satellite satellite countries around them can
[00:07:53] can be able to hook on to the AI AI factories that we're building.
[00:07:57] building. What is missing that you you are trying to build? Africa still
[00:08:01] still accounts for only 1% of the
[00:08:03] the global data centre population.
[00:08:06] population. And when you look at
[00:08:07] at our GDP of $3.5 trillion, that's
[00:08:12] that's a very small number. You've You've been a champion of keeping
[00:08:15] keeping African data inside African
[00:08:18] African data centres as a way to
[00:08:20] to achieve digital sovereignty. Why
[00:08:23] Why is that important? If we don't
[00:08:26] don't have our own AI compute solutions solutions in our own digital infrastructure
[00:08:30] infrastructure on the continent, continent, we are repeating exactly
[00:08:33] exactly the same pattern that we've
[00:08:34] we've seen over the years. You know,
[00:08:37] know, produce coffee, sell the green
[00:08:40] green beans, go and put others to
[00:08:42] to work. We've done it with cocoa.
[00:08:44] cocoa. We've done it with minerals. minerals. The data sits here with
[00:08:48] with us. It doesn't have to be exported.
[00:08:52] exported. The opportunity is hiding hiding in plain sight. The models
[00:08:56] models that we're using today, they they have scrapped every piece of
[00:08:59] of information that's available on on the internet. But what they don't
[00:09:03] don't have is the information that that sits inside a mining company
[00:09:07] company in South Africa who have
[00:09:09] have been mining platinum or gold
[00:09:12] gold for the last 30 years. You know,
[00:09:14] know, those models don't have the
[00:09:16] the information. One of the biggest biggest referral hospital in South
[00:09:19] South Africa or in Uganda or in Kenya
[00:09:21] Kenya or in Zimbabwe, all of that
[00:09:24] that data that we own is the
[00:09:28] opportunity. Do you think that the the AI revolution and what will come
[00:09:31] come out of Africa's AI factories factories is going to be as significant
[00:09:34] significant as the mobile money revolution?
[00:09:37] revolution? AI is is in my view,
[00:09:39] view, about amplifying human capacity
[00:09:42] capacity and amplifying what we can
[00:09:43] can do as long as we're imaginative.
[00:09:46] imaginative. So so where the mobile
[00:09:48] mobile money revolution was about
[00:09:51] about bringing the previously excluded
[00:09:54] excluded into the financial ecosystem,
[00:09:57] ecosystem, AI is about bringing everybody
[00:10:00] everybody else who was excluded by
[00:10:03] by virtue of language. If you think think about the challenges around
[00:10:06] around Stem education, you're asking
[00:10:08] asking a child to first learn a foreign
[00:10:11] foreign language in order for them
[00:10:13] them to understand a subject. Why
[00:10:16] Why not cut that piece out? That
[00:10:20] That is now possible with AI. I think
[00:10:23] think we're talking about
[00:10:36] money did. Africa Enterprise sponsored sponsored by
[00:14:16] MUSIC Before Asia
[00:14:16] Before Asia s business world wakes
[00:14:20] wakes up, we're already on the go, go, bringing you the big stories
[00:14:23] stories that will shape your day.
[00:14:25] day. And as Asia closes and Europe
[00:14:27] Europe opens, we connect the headlines headlines and the events driving
[00:14:31] driving the numbers. And from the the opening bell on Wall Street,
[00:14:33] Street, we are already on the move, move, bringing you the latest insights
[00:14:37] insights shaping the global economy. economy. Business Today, keeping
[00:14:40] keeping you one step ahead of every
[00:14:42] every market weekdays from London
[00:14:46] London on BBC News.
[00:15:08] MUSIC
[00:15:11] Live from London. This is BBC News.
[00:15:17] News. President Zelensky says Washington Washington has to make Russia respect.
[00:15:20] respect. An energy cease fire announced
[00:15:22] announced by Donald Trump after Russian
[00:15:24] Russian strikes hit Ukrainian infrastructure
[00:15:26] infrastructure overnight. It was
[00:15:29] was clear that Putin does not read
[00:15:34] read through social. And he is cheeky.
[00:15:36] cheeky. Drones follow a different different set of instructions. These
[00:15:40] These are live pictures from the the Warsaw Security Conference. Donald
[00:15:43] Donald Tusk, the Polish Prime Minister, Minister, speaking there and we're
[00:15:47] we're due to hear from the Supreme Supreme Allied commander of forces
[00:15:50] forces in Europe from Nato due to to speak shortly. We'll bring you
[00:15:53] you that speech live. Saudi officials
[00:15:56] officials say one person has been been killed and nearly a dozen others