1 00:00:02,640 --> 00:00:07,240 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News. 2 00:00:09,280 --> 00:00:12,720 Speaker 2: Freed from prison after more than two years. Were two 3 00:00:12,920 --> 00:00:17,079 Speaker 2: South African oil workers ponds in a diplomatic row between 4 00:00:17,160 --> 00:00:19,720 Speaker 2: their country and Equatorial Guinea. 5 00:00:19,800 --> 00:00:21,960 Speaker 3: The moment when I saw the race war and basically 6 00:00:22,000 --> 00:00:24,440 Speaker 3: who without two names on it, I realized that this 7 00:00:24,480 --> 00:00:25,520 Speaker 3: is something serious. 8 00:00:26,160 --> 00:00:30,240 Speaker 2: With many international companies invested in the country, some are 9 00:00:30,280 --> 00:00:32,920 Speaker 2: now asking how safe it is to do business in 10 00:00:33,040 --> 00:00:34,800 Speaker 2: opek's smallest member state. 11 00:00:35,000 --> 00:00:38,760 Speaker 4: You get one side, you get the people that's genuinely honest, 12 00:00:38,840 --> 00:00:41,400 Speaker 4: open people, that's the people on the ground, and on 13 00:00:41,440 --> 00:00:44,320 Speaker 4: the other side, you get the people that's in control 14 00:00:44,360 --> 00:00:46,640 Speaker 4: that's totally opposite. You learn a lot through a thing 15 00:00:46,760 --> 00:00:48,240 Speaker 4: like this that's happened to me and Peter. 16 00:00:48,640 --> 00:00:52,000 Speaker 2: On this week's Next Africa Podcast, the oil workers speak 17 00:00:52,040 --> 00:00:58,440 Speaker 2: with Bloomberg about that incident. I'm Jennifer Zabastaja and this 18 00:00:58,560 --> 00:01:01,800 Speaker 2: is the Next Africa Podcast, bringing you one story each 19 00:01:01,840 --> 00:01:05,000 Speaker 2: week from the continent driving the future of global growth 20 00:01:05,040 --> 00:01:08,400 Speaker 2: with the context only Bloomberg can provide. 21 00:01:10,120 --> 00:01:11,000 Speaker 5: And joining me. 22 00:01:11,200 --> 00:01:14,720 Speaker 2: To discuss this today is Bloomberg reporter Paul Burkhart. He's 23 00:01:14,760 --> 00:01:17,840 Speaker 2: been following the story for some time now and actually 24 00:01:18,000 --> 00:01:21,640 Speaker 2: was able to interview Peter Huxhem and Frick Pottgeiter. 25 00:01:22,160 --> 00:01:24,720 Speaker 5: Paul, thanks so much for being here. You know, I 26 00:01:24,760 --> 00:01:25,199 Speaker 5: don't think. 27 00:01:25,120 --> 00:01:27,280 Speaker 2: We've been able to cover a story like this on 28 00:01:27,319 --> 00:01:30,160 Speaker 2: the podcast yet, so thanks for bringing it to us. 29 00:01:30,400 --> 00:01:31,839 Speaker 5: So let's start from the. 30 00:01:31,720 --> 00:01:34,399 Speaker 2: Beginning, maybe, and if you can give us a bit 31 00:01:34,440 --> 00:01:37,760 Speaker 2: of background on this case and talk to us about 32 00:01:37,800 --> 00:01:42,640 Speaker 2: Equatorial Guinea and the companies that we're investing in the country, 33 00:01:42,680 --> 00:01:44,600 Speaker 2: I believe that's a good place to start. 34 00:01:47,080 --> 00:01:52,120 Speaker 6: In the nineties, Mobile made a huge discovery in Equatorial Guiney, 35 00:01:52,480 --> 00:01:56,200 Speaker 6: so the Atlantic coast of the African continent and was 36 00:01:56,280 --> 00:02:00,400 Speaker 6: kind of in the middle, and then production in increased 37 00:02:00,440 --> 00:02:04,280 Speaker 6: from there. Gatorial Guinea became a member of OPEK, and 38 00:02:04,560 --> 00:02:08,560 Speaker 6: it really because of this oil wealth just enabled the 39 00:02:08,720 --> 00:02:14,280 Speaker 6: kind of the ruling family. Their Exxon became the backbone 40 00:02:14,280 --> 00:02:17,800 Speaker 6: of production. But the other US companies have also joined, 41 00:02:17,800 --> 00:02:22,200 Speaker 6: and other Western oil producers have joined. And the workers 42 00:02:22,240 --> 00:02:27,280 Speaker 6: typically live in gated communities or on the platforms and 43 00:02:27,320 --> 00:02:30,320 Speaker 6: then just kind of rotate out, but they're largely kind 44 00:02:30,320 --> 00:02:33,640 Speaker 6: of separate from the rest of the country. 45 00:02:34,320 --> 00:02:37,400 Speaker 2: And so then, Paul, how did these two oil workers 46 00:02:37,720 --> 00:02:41,560 Speaker 2: find themselves arrested. Take us through that story. 47 00:02:42,160 --> 00:02:45,520 Speaker 6: So they were really just on their way back from 48 00:02:45,680 --> 00:02:48,160 Speaker 6: a stint of working on the platforms. 49 00:02:48,440 --> 00:02:49,519 Speaker 1: The engineers. 50 00:02:49,520 --> 00:02:54,200 Speaker 6: They were working on these oil platforms and expecting to 51 00:02:54,280 --> 00:02:57,560 Speaker 6: take a flight the next day. It's staying on this 52 00:02:57,720 --> 00:03:01,360 Speaker 6: island where they would bore their flight when they were arrested, 53 00:03:01,840 --> 00:03:07,160 Speaker 6: charged with drug trafficking. It was very discombobulating situation and 54 00:03:07,440 --> 00:03:09,919 Speaker 6: just like in the dark most of the times of 55 00:03:10,000 --> 00:03:10,760 Speaker 6: what was going on. 56 00:03:10,880 --> 00:03:13,720 Speaker 1: So after they were released. 57 00:03:13,520 --> 00:03:16,160 Speaker 6: And back in South Africa, I was able to talk 58 00:03:16,200 --> 00:03:19,040 Speaker 6: to them and they told me about the moment that 59 00:03:19,080 --> 00:03:20,960 Speaker 6: they realized things were going wrong. 60 00:03:22,400 --> 00:03:25,360 Speaker 3: The moment they that I saw this is when I 61 00:03:25,360 --> 00:03:28,880 Speaker 3: saw the restaurantant basically without two names on it. I 62 00:03:28,960 --> 00:03:31,840 Speaker 3: realized that this is a this is something serious, and 63 00:03:31,919 --> 00:03:35,000 Speaker 3: I immediately phoned my partner and I let her know. 64 00:03:35,520 --> 00:03:37,400 Speaker 7: Phone my shore base manager. 65 00:03:37,400 --> 00:03:39,880 Speaker 3: I let him know and at that stage my back 66 00:03:39,880 --> 00:03:41,720 Speaker 3: to back, the guy that would replace me on the 67 00:03:41,920 --> 00:03:42,760 Speaker 3: on the platform. 68 00:03:43,320 --> 00:03:45,440 Speaker 7: He was also in the hotel, so I sent him 69 00:03:45,480 --> 00:03:46,440 Speaker 7: a WhatsApp with. 70 00:03:46,360 --> 00:03:50,440 Speaker 3: My partner's contact details, you know, so that if they 71 00:03:50,440 --> 00:03:53,160 Speaker 3: were to confiscate my phone, he at least would be 72 00:03:53,160 --> 00:03:55,880 Speaker 3: in country and maybe could provide her with some support. 73 00:03:56,440 --> 00:03:59,160 Speaker 3: So yeah, I mean within ten minutes, I think our 74 00:03:59,160 --> 00:04:00,160 Speaker 3: whole company. 75 00:04:00,480 --> 00:04:02,880 Speaker 7: I also told her to notify our embassy. 76 00:04:03,080 --> 00:04:05,720 Speaker 3: So I tried to get as many people aware of 77 00:04:05,760 --> 00:04:07,840 Speaker 3: what was happening to me and where they were taking me. 78 00:04:08,240 --> 00:04:10,280 Speaker 3: So I handed the phone to the driver of the 79 00:04:10,720 --> 00:04:12,600 Speaker 3: police vehicle that was taking us to the police. 80 00:04:12,640 --> 00:04:15,240 Speaker 7: I ended the phone phone to him so. 81 00:04:15,160 --> 00:04:18,160 Speaker 3: That he could let my show base manager know where 82 00:04:18,160 --> 00:04:21,000 Speaker 3: he's taking me. He was reluctant at first. 83 00:04:20,720 --> 00:04:24,200 Speaker 4: But I insisted I didn't add any suspicion that this 84 00:04:24,279 --> 00:04:25,760 Speaker 4: is going to turn out to the way he did. 85 00:04:25,880 --> 00:04:28,120 Speaker 4: I thought, well, I was maybe a witness or something. 86 00:04:28,279 --> 00:04:30,920 Speaker 4: But when I reached the police station, but there's a 87 00:04:30,960 --> 00:04:34,520 Speaker 4: lot of people there waiting for us, a company, the lawyers, 88 00:04:35,560 --> 00:04:39,240 Speaker 4: and people from the embassies, that's when you realized this 89 00:04:39,320 --> 00:04:41,720 Speaker 4: is this thing is big, not a normal just a statement. 90 00:04:41,760 --> 00:04:43,960 Speaker 4: And then you can go back to the hotel, and 91 00:04:43,960 --> 00:04:47,000 Speaker 4: that's when the fear really hits you in the Then 92 00:04:47,040 --> 00:04:50,039 Speaker 4: you start thinking, well, people disappear in Africa, and people 93 00:04:50,040 --> 00:04:53,440 Speaker 4: disappear in these countries, and then you realize you're in 94 00:04:53,480 --> 00:04:54,839 Speaker 4: a big, big mess. 95 00:04:55,560 --> 00:04:59,120 Speaker 2: And so that's that's quite a story from them, a 96 00:04:59,160 --> 00:05:02,320 Speaker 2: herrowing story. I wonder what they told you about what 97 00:05:02,360 --> 00:05:05,120 Speaker 2: the conditions were like when they were in custody. 98 00:05:05,160 --> 00:05:08,000 Speaker 5: How much detail did they get into it was, it's 99 00:05:08,080 --> 00:05:08,720 Speaker 5: quite vivid. 100 00:05:08,839 --> 00:05:12,719 Speaker 6: And they were first taken to Black Beach Jail, which 101 00:05:12,839 --> 00:05:18,559 Speaker 6: is very like notorious just throughout Africa. And soon after 102 00:05:18,600 --> 00:05:21,520 Speaker 6: that they were taken to the mainland, and the mainland 103 00:05:21,560 --> 00:05:24,640 Speaker 6: that they were held in a facility that were usually 104 00:05:24,680 --> 00:05:26,200 Speaker 6: political prisoners are kept. 105 00:05:26,800 --> 00:05:28,039 Speaker 1: Here's Peter and Frick again. 106 00:05:28,360 --> 00:05:29,600 Speaker 7: I don't know about Black Beach. 107 00:05:29,640 --> 00:05:32,200 Speaker 4: I don't know any history of Black Beach. Well, the 108 00:05:32,240 --> 00:05:34,799 Speaker 4: first thing that slakes you is the gods. They don't 109 00:05:34,920 --> 00:05:38,240 Speaker 4: go inside the present itself. You get actually picked up 110 00:05:38,279 --> 00:05:43,680 Speaker 4: by fellow prisoners, can call them the guardians or whatever, 111 00:05:43,800 --> 00:05:46,400 Speaker 4: the rulers of the present, and then they take you 112 00:05:46,480 --> 00:05:48,600 Speaker 4: through and they tell you the rules and the regulations 113 00:05:48,640 --> 00:05:51,520 Speaker 4: or what's happening inside. Now everything's going to work out. 114 00:05:51,960 --> 00:05:54,120 Speaker 4: That's a big fright are you getting in there? There's 115 00:05:54,120 --> 00:05:56,880 Speaker 4: another I would say about two three hundred guys in 116 00:05:56,920 --> 00:06:01,320 Speaker 4: there or looking at you strangely, and then you realize, hey, 117 00:06:02,279 --> 00:06:05,200 Speaker 4: this is a real, real bad situation. You are in 118 00:06:05,839 --> 00:06:09,240 Speaker 4: the place is not trying to be kept clean by 119 00:06:09,240 --> 00:06:11,919 Speaker 4: the fellow prisoners. They sought out all the rules and 120 00:06:11,960 --> 00:06:17,279 Speaker 4: regulations inside by themselves. We didn't see any abuse taken 121 00:06:17,320 --> 00:06:22,880 Speaker 4: place verbally or physically on fellow prisoners or whatever. But yow, 122 00:06:22,960 --> 00:06:26,159 Speaker 4: the circumstances inside is very bad. The food, the food 123 00:06:26,200 --> 00:06:28,440 Speaker 4: that even the fellow prisoners they warn you don't eat 124 00:06:28,440 --> 00:06:31,440 Speaker 4: the food because they don't even eat the food. That 125 00:06:31,560 --> 00:06:33,040 Speaker 4: is how bad the food is inside. 126 00:06:33,320 --> 00:06:36,119 Speaker 7: In the beginning, they put us down in this underground area. 127 00:06:36,160 --> 00:06:38,679 Speaker 3: It's sort of it looks like a secret location because 128 00:06:38,720 --> 00:06:41,320 Speaker 3: the entrance to it it looks like a servitude. 129 00:06:41,320 --> 00:06:44,440 Speaker 7: There's pipes inside this cupboard and then you have to 130 00:06:44,440 --> 00:06:46,960 Speaker 7: swing the whole closet out of the wall. 131 00:06:47,320 --> 00:06:50,479 Speaker 3: And then it provides access to these stairs leading down. 132 00:06:50,760 --> 00:06:53,200 Speaker 7: That's two flights leading down in that space. 133 00:06:53,240 --> 00:06:56,320 Speaker 3: At the bottom, they are four cells they roughly two 134 00:06:56,400 --> 00:06:58,880 Speaker 3: meters by two meters, including a toilet. 135 00:06:59,200 --> 00:06:59,920 Speaker 7: I was in cell No. 136 00:07:00,200 --> 00:07:03,040 Speaker 3: One and Frecusine number sell number four initially, so we 137 00:07:03,040 --> 00:07:05,599 Speaker 3: were separated by two cells. We were only we were 138 00:07:05,680 --> 00:07:08,479 Speaker 3: the only guys down there. For the first two weeks. 139 00:07:08,480 --> 00:07:11,200 Speaker 3: We didn't see any daylight, so they kept us down 140 00:07:11,240 --> 00:07:14,320 Speaker 3: there for two weeks and only after that did we 141 00:07:14,680 --> 00:07:17,080 Speaker 3: get the opportunity to go out on a daily basis 142 00:07:17,120 --> 00:07:18,920 Speaker 3: to get some fresh air exercise. 143 00:07:19,640 --> 00:07:22,240 Speaker 2: So Paul, stick with us. When we come back, we'll 144 00:07:22,280 --> 00:07:25,960 Speaker 2: talk about the role EG Vice President Tyo Doren played 145 00:07:26,000 --> 00:07:29,280 Speaker 2: and their detention, and also the connection to South Africa 146 00:07:29,480 --> 00:07:30,440 Speaker 2: in a bit more detail. 147 00:07:30,880 --> 00:07:40,440 Speaker 5: We'll be right back. Welcome back. Today. We're hearing from 148 00:07:40,480 --> 00:07:41,520 Speaker 5: the two oil. 149 00:07:41,240 --> 00:07:45,320 Speaker 2: Workers back in South Africa after being pardoned and released 150 00:07:45,320 --> 00:07:49,080 Speaker 2: from an Equatorial Guinea jail after more than two years 151 00:07:49,080 --> 00:07:53,400 Speaker 2: in detention. Paul Burkhart is still with us. Paul, let's 152 00:07:53,480 --> 00:07:58,080 Speaker 2: talk about the relationship between the vice president of Equatorial 153 00:07:58,080 --> 00:08:02,440 Speaker 2: Guinea and South Africa. What happened in the run up 154 00:08:02,520 --> 00:08:04,239 Speaker 2: to the workers arrest. 155 00:08:04,600 --> 00:08:09,120 Speaker 6: So shortly before Peter and Frick were jailed, there was 156 00:08:09,160 --> 00:08:13,240 Speaker 6: a yacht that's that was linked to the vice president 157 00:08:13,440 --> 00:08:16,480 Speaker 6: that was seized here in Cape Town as part of 158 00:08:16,480 --> 00:08:20,040 Speaker 6: the case that was won by a South African who 159 00:08:20,160 --> 00:08:24,720 Speaker 6: was separately imprisoned earlier before these two men were and 160 00:08:25,360 --> 00:08:27,800 Speaker 6: took it up, you know, in a court here and 161 00:08:27,840 --> 00:08:30,120 Speaker 6: then won the case or one part of the case. 162 00:08:30,240 --> 00:08:34,200 Speaker 6: And when that yacht was seized in the days after 163 00:08:35,120 --> 00:08:38,880 Speaker 6: these two men in Equatorial Guinea were put in jail 164 00:08:39,400 --> 00:08:43,760 Speaker 6: and fined and you know, and sentenced. And so the 165 00:08:43,800 --> 00:08:47,679 Speaker 6: sources that we spoke to connected the jailing of Peter 166 00:08:47,800 --> 00:08:52,280 Speaker 6: and Frick with the seizure of the yacht, and Teodorin 167 00:08:52,320 --> 00:08:54,600 Speaker 6: has said that it belongs to the Ministry of Defense 168 00:08:54,640 --> 00:08:58,360 Speaker 6: and it's since been released, but the link was there 169 00:08:58,800 --> 00:09:01,719 Speaker 6: from the people that we spoke to, and that that 170 00:09:01,880 --> 00:09:03,840 Speaker 6: was really kind of a cause and effect and it's 171 00:09:03,880 --> 00:09:07,400 Speaker 6: one of the retaliatory measures that we're talking about, or 172 00:09:07,480 --> 00:09:10,400 Speaker 6: it falls in line with some of this, you know, 173 00:09:10,440 --> 00:09:13,560 Speaker 6: the trend that we had seen from earlier cases. 174 00:09:14,440 --> 00:09:17,600 Speaker 2: And I wonder if Paul, you cover the energy industry 175 00:09:17,800 --> 00:09:21,679 Speaker 2: very closely. I wonder back then what the reaction was 176 00:09:21,800 --> 00:09:25,319 Speaker 2: to their arrest, if there was reaction within the oil 177 00:09:25,360 --> 00:09:29,320 Speaker 2: industry or back home in South Africa for these men. 178 00:09:29,960 --> 00:09:33,960 Speaker 6: I think there was some surprise because it did link 179 00:09:34,040 --> 00:09:38,559 Speaker 6: directly to the oil industry. So usually there's that kind 180 00:09:38,600 --> 00:09:42,040 Speaker 6: of operate in parallel. The oil industry is there, but 181 00:09:42,080 --> 00:09:46,240 Speaker 6: it sort of lives in its own environment, so it 182 00:09:46,360 --> 00:09:47,480 Speaker 6: was surprising. 183 00:09:47,040 --> 00:09:47,920 Speaker 1: For a lot of people. 184 00:09:48,480 --> 00:09:53,240 Speaker 6: But it's also such a sensitive nature and there's so 185 00:09:53,320 --> 00:09:57,760 Speaker 6: much uncertainty as to what could happen politically in that country, 186 00:09:57,840 --> 00:10:02,040 Speaker 6: that the oil companies don't really come out and make 187 00:10:02,480 --> 00:10:06,160 Speaker 6: proclamations about what they think. They're quite sensitive and then 188 00:10:06,320 --> 00:10:10,760 Speaker 6: and they're they're mainly concerned about you know, their operations 189 00:10:10,800 --> 00:10:14,840 Speaker 6: and their staff there, and they're having discussions to deal 190 00:10:14,920 --> 00:10:17,840 Speaker 6: with that. But but you know amongst themselves really. 191 00:10:17,840 --> 00:10:20,120 Speaker 2: Yeah, they probably have to be delicate about what all 192 00:10:20,200 --> 00:10:23,960 Speaker 2: they can or can't say, which leads me to wondering 193 00:10:24,040 --> 00:10:28,320 Speaker 2: how the discussions about their release then ended up happening. 194 00:10:28,880 --> 00:10:31,520 Speaker 2: Do we know any sort of details about what went 195 00:10:31,559 --> 00:10:35,120 Speaker 2: on behind the scenes potentially to negotiate their release. 196 00:10:35,679 --> 00:10:38,959 Speaker 6: No, again, because of yeah, because of the sensitivity of it, 197 00:10:39,160 --> 00:10:43,640 Speaker 6: we don't know exactly like what the engagements were. We 198 00:10:43,679 --> 00:10:46,720 Speaker 6: do know that that South Africa, the you know, the 199 00:10:46,760 --> 00:10:50,720 Speaker 6: South African government through the Foreign Ministry, had brought this up, 200 00:10:51,000 --> 00:10:54,840 Speaker 6: that it was it was discussed both in Equatorial guint 201 00:10:54,960 --> 00:10:58,760 Speaker 6: and in South Africa with officials. We know that the 202 00:10:58,800 --> 00:11:03,160 Speaker 6: employer of the two Men Oil Services company sbm that 203 00:11:03,200 --> 00:11:06,160 Speaker 6: they were involved in doing whatever they could to help out. 204 00:11:06,520 --> 00:11:10,960 Speaker 6: And yeah, otherwise, another thing that happened was the United 205 00:11:11,040 --> 00:11:16,520 Speaker 6: Nations Working Group on arbitrary detention, took an opinion on 206 00:11:16,559 --> 00:11:19,920 Speaker 6: the case and found that the imprisonment of the two 207 00:11:20,000 --> 00:11:23,600 Speaker 6: South Africans was in breach of multiple international human rights 208 00:11:23,600 --> 00:11:27,640 Speaker 6: So whether that played a part in what led to 209 00:11:27,679 --> 00:11:28,640 Speaker 6: the release. 210 00:11:28,760 --> 00:11:31,160 Speaker 1: We just don't know. But there were a few things 211 00:11:31,200 --> 00:11:32,120 Speaker 1: that happened. 212 00:11:32,120 --> 00:11:35,240 Speaker 6: And again, all that time went by, so there might 213 00:11:35,240 --> 00:11:37,760 Speaker 6: have been pressure building in one area or another. 214 00:11:38,520 --> 00:11:41,200 Speaker 2: And you spent quite a bit of time speaking to 215 00:11:41,480 --> 00:11:45,080 Speaker 2: these two men. What did Peter and Frick have to 216 00:11:45,080 --> 00:11:49,440 Speaker 2: say about how this whole incident has left them feeling 217 00:11:49,720 --> 00:11:50,760 Speaker 2: towards the country. 218 00:11:52,280 --> 00:11:55,960 Speaker 6: It's kind of amazing because I think it was such 219 00:11:55,960 --> 00:12:00,840 Speaker 6: an intense period of just isolation for both of them 220 00:12:01,040 --> 00:12:05,320 Speaker 6: that they really had so much time to reflect and 221 00:12:06,400 --> 00:12:08,600 Speaker 6: they want to move on, and they want to make 222 00:12:08,679 --> 00:12:10,840 Speaker 6: up for the time that they lost with the people 223 00:12:10,880 --> 00:12:11,600 Speaker 6: that they love. 224 00:12:12,000 --> 00:12:15,240 Speaker 1: And they even you know. 225 00:12:15,320 --> 00:12:18,600 Speaker 6: Had had things to say about the people they met 226 00:12:18,640 --> 00:12:23,880 Speaker 6: in detention and and and really developed bonds with some 227 00:12:23,960 --> 00:12:26,319 Speaker 6: of the people that they got to know there. So 228 00:12:26,480 --> 00:12:28,920 Speaker 6: they wonder about them, and they wonder what's happened with 229 00:12:29,080 --> 00:12:30,000 Speaker 6: their fair will be. 230 00:12:30,920 --> 00:12:33,000 Speaker 3: I mean, obviously there is a there is a degree 231 00:12:33,040 --> 00:12:35,240 Speaker 3: of anger. You know, you have to you have to 232 00:12:35,280 --> 00:12:38,080 Speaker 3: God against it overwhelming you. I tried to focus on 233 00:12:38,160 --> 00:12:42,200 Speaker 3: healing and my own future, but these in the back 234 00:12:42,240 --> 00:12:45,640 Speaker 3: of your mind, there's always the seed that injustice was 235 00:12:45,640 --> 00:12:48,040 Speaker 3: was done upon you, and you know, you like for 236 00:12:48,120 --> 00:12:51,280 Speaker 3: there to be some sort of acknowledgment of that. But 237 00:12:51,880 --> 00:12:54,440 Speaker 3: I think at this stage of my life it's really 238 00:12:54,480 --> 00:12:56,400 Speaker 3: really important that I live the rest of my life 239 00:12:56,400 --> 00:12:58,520 Speaker 3: to the full and not to try and you know, 240 00:12:58,720 --> 00:13:00,840 Speaker 3: use my time in in retribution. 241 00:13:01,520 --> 00:13:03,440 Speaker 4: You still think about the people that's still stuck in 242 00:13:03,440 --> 00:13:07,160 Speaker 4: that prison, and I don't think that will ever get 243 00:13:07,160 --> 00:13:10,360 Speaker 4: out of your mind. And their answer actually tied. We 244 00:13:10,440 --> 00:13:13,040 Speaker 4: tried to help those guys as well. That's still stuck there. 245 00:13:13,679 --> 00:13:17,280 Speaker 4: So that's the ongoing bad dam. But except from that, okay, 246 00:13:17,320 --> 00:13:19,920 Speaker 4: there's no ed retribution on nothing from my side. 247 00:13:19,679 --> 00:13:24,440 Speaker 3: No, Equatorial is probably a country of two extremes. 248 00:13:24,440 --> 00:13:27,360 Speaker 7: You know, we have really really good people that that 249 00:13:27,400 --> 00:13:28,280 Speaker 7: took good care of. 250 00:13:28,280 --> 00:13:31,480 Speaker 3: Us, and you know that were a great source of 251 00:13:31,880 --> 00:13:32,960 Speaker 3: inspiration to us. 252 00:13:33,040 --> 00:13:35,160 Speaker 7: You know that the people down on the ground. I 253 00:13:35,160 --> 00:13:37,440 Speaker 7: think it's very easy. 254 00:13:36,240 --> 00:13:39,520 Speaker 3: To generalize, you know, when you have when you have 255 00:13:39,559 --> 00:13:42,600 Speaker 3: a place that maybe doesn't have a political system that 256 00:13:42,640 --> 00:13:44,920 Speaker 3: we all agree with, you know, to feel that all 257 00:13:45,000 --> 00:13:48,200 Speaker 3: the all the inhabitants of the country are guilty, and 258 00:13:48,200 --> 00:13:50,600 Speaker 3: they're not. You know, they're really really good, warm people 259 00:13:50,640 --> 00:13:54,480 Speaker 3: that we experience with that I experienced anyway, so. 260 00:13:53,800 --> 00:13:55,720 Speaker 4: We may we made a lot of friends on that side, 261 00:13:55,720 --> 00:13:59,760 Speaker 4: fellow prisoners, fellow wardens. And you get to one side 262 00:13:59,760 --> 00:14:04,240 Speaker 4: to get the people that's genuinely honost open people, that's 263 00:14:04,280 --> 00:14:06,600 Speaker 4: the people on the ground, and on the other side 264 00:14:06,600 --> 00:14:10,160 Speaker 4: you get the people that's in control, that's totally opposite. 265 00:14:11,120 --> 00:14:13,800 Speaker 4: You learn a lot through a thing like this that's 266 00:14:13,800 --> 00:14:14,920 Speaker 4: happened to me and Peter. 267 00:14:15,440 --> 00:14:19,560 Speaker 2: And are there lessons potentially to be learned from Equatorial 268 00:14:19,640 --> 00:14:23,840 Speaker 2: Guinea and whether or not this could potentially happen again, 269 00:14:24,200 --> 00:14:27,440 Speaker 2: or whether or not companies are now taking extra precautions 270 00:14:27,760 --> 00:14:31,920 Speaker 2: to protect their own nationals who may be there for work. 271 00:14:32,360 --> 00:14:35,800 Speaker 6: The hope is that this was an isolated incident. I 272 00:14:35,840 --> 00:14:38,720 Speaker 6: think Frick had had mentioned that he didn't think it 273 00:14:38,760 --> 00:14:41,000 Speaker 6: was going to happen again. The other thing is that 274 00:14:41,080 --> 00:14:46,040 Speaker 6: Equatorial Guiney's oil production they're the smallest OPEC member based 275 00:14:46,080 --> 00:14:51,280 Speaker 6: on output, right, so that's dropping because then they need 276 00:14:51,320 --> 00:14:56,320 Speaker 6: to keep investment. So these types of incidents wouldn't encourage investments, 277 00:14:56,600 --> 00:14:59,920 Speaker 6: and so they really need to do as much as 278 00:15:00,040 --> 00:15:03,920 Speaker 6: they can to keep production going. But one aspect to 279 00:15:04,040 --> 00:15:09,400 Speaker 6: watch will be when President Obion retires and if in 280 00:15:09,440 --> 00:15:10,000 Speaker 6: fact the. 281 00:15:10,080 --> 00:15:12,760 Speaker 2: Role will go to Tiodoran and so then Paul, what 282 00:15:13,000 --> 00:15:16,520 Speaker 2: has Equatorial Guinea had to say about all of this? 283 00:15:17,760 --> 00:15:22,120 Speaker 6: Well, I mean, aside from the presidential pardon that not 284 00:15:22,200 --> 00:15:26,520 Speaker 6: only include Peter and Frick, but a number of other prisoners, 285 00:15:27,080 --> 00:15:31,480 Speaker 6: there wasn't anything directly that they said in response to 286 00:15:31,760 --> 00:15:35,800 Speaker 6: our questions about you know, why this was happening during 287 00:15:35,840 --> 00:15:39,080 Speaker 6: the detention or you know, what was the reason for it, 288 00:15:39,280 --> 00:15:43,680 Speaker 6: or what they had to say about a link to Tiodoran. 289 00:15:44,280 --> 00:15:46,240 Speaker 1: There wasn't much information from them. 290 00:15:46,960 --> 00:15:50,200 Speaker 2: And you can read Paul's coverage of Equatorial Guinea and 291 00:15:50,240 --> 00:15:55,040 Speaker 2: the energy sector across Bloomberg platforms. Now Here are some 292 00:15:55,040 --> 00:15:57,000 Speaker 2: of the other stories from the region that we've been 293 00:15:57,080 --> 00:16:00,960 Speaker 2: following this week. Kenya is in talks with to convert 294 00:16:01,080 --> 00:16:04,760 Speaker 2: dollar denominated debt the East African nation, Owes its biggest 295 00:16:04,800 --> 00:16:09,440 Speaker 2: bilateral lender to Yuwan and extend the repayment period. According 296 00:16:09,480 --> 00:16:13,840 Speaker 2: to the Treasury Secretary John Body, the negotiations are aimed 297 00:16:13,840 --> 00:16:17,320 Speaker 2: at helping reduce the one billion dollars Kenya spends annually 298 00:16:17,360 --> 00:16:20,640 Speaker 2: on servicing its debt to China and to create more 299 00:16:20,720 --> 00:16:25,040 Speaker 2: wiggle room in its budget. And an International Monetary Fund 300 00:16:25,080 --> 00:16:28,400 Speaker 2: team was in Senegal this week to discuss concrete steps 301 00:16:28,400 --> 00:16:32,960 Speaker 2: to address recent data issues and advance work toward presenting 302 00:16:33,040 --> 00:16:36,240 Speaker 2: a misreporting case to the IMFs Executive Board. 303 00:16:37,120 --> 00:16:38,760 Speaker 5: Investors are closely. 304 00:16:38,400 --> 00:16:41,240 Speaker 2: Watching to see whether the West African nation will inch 305 00:16:41,280 --> 00:16:45,520 Speaker 2: closer to securing new funding needed to stabilize its trained 306 00:16:45,600 --> 00:16:49,800 Speaker 2: public finances, and you can follow these stories across Bloomberg, 307 00:16:49,880 --> 00:16:52,760 Speaker 2: including the Next African Newsletter. Will put a link to 308 00:16:52,840 --> 00:16:58,080 Speaker 2: that in the show notes. This program was produced by 309 00:16:58,080 --> 00:17:01,680 Speaker 2: Adrian Bradley and Tiwa Adubai. Don't forget to follow and 310 00:17:01,760 --> 00:17:05,240 Speaker 2: review this show wherever you usually get your podcasts, But 311 00:17:05,400 --> 00:17:08,480 Speaker 2: for now, I'm Jennifer's Abistanja. Thanks as always for listening