Transcript courtesy of the Daily Mail:
FERGIE: I never talk about money ever, but since we've got business hats on I'm going to...
MAZHER MAHMOOD: Sure.
FERGIE: So I said to Andrew, well what do I do because really I think you two could really do some good business together and I think, I think what would happen is that you would. He never makes money because he's ambassador for trade.
MM: Of course, sure.
FERGIE: So he wouldn't want to.
MM: No of course, no, no.
FERGIE: But I can. So he would ... introduce you to whoever, but it wouldn't be about HIM it would be about ME ... I could bring you great business. I'd like to think that if I, for example, if I introduced you to...
MM: Andrew for example?
FERGIE: Andrew for example... and he opened up doors for you which you would never possibly do. Then, depending if it was a very big deal with I don't know, I can't imagine, then each deal you and I discuss the percentage of it ... Andrew said to me, 'Tell him £500,000'. He knows that he's had to underwrite me up to now because I've got no money. So if you want to meet him in your business, look after me and he'll look after you ... you'll get it back tenfold.
Told the fake sheik has the $40,000 in $20 bills at his nearby flat, the duchess then promises him a kiss upon payment. As conversation wanders, she tells the undercover man how her daughter Princess Beatrice recently completed the London marathon. Mahmood says he regrets not sponsoring her...
FERGIE: 'No, you're sponsoring the mother!'
After the News of the World man pays the dinner bill of £223.25 plus £50 tip, the pair travel in a limousine to what he claims is his flat in Mayfair.
FERGIE: I'm a complete aristocrat. Love that don't you? I love it. It's tremendously fabulous. But I've never admitted that to anyone by the way!
Sitting on the sofa sipping wine, she asks that one per cent of profits from any deals resulting from their arrangement should go to her charity for new schools in Asia. But then she returns to her favourite subject - her own kickback ...
FERGIE: ...Next! On to the next thing, £500,000, when you can, to me ... open doors.
MM: It would be Prince Andrew?
FERGIE: Yeah.
MM: Is that a deal?
FERGIE: Yeah (shakes hands firmly with the fake sheik, staring straight into his eyes).
MM: But I've got to give you $40,000.
FERGIE: Yeah.
MM: Which I've got now as a deposit. Which is in my safe. But how am I going to give it to you? I haven't got a bag.
Duchess makes 'gimme' gesture with her left hand, opening and closing her fist as she beckons with her fingers to show she wants the cash ...
As the fake sheik produces the wads of cash from a safe, she gasps: 'Oh my God, you're a genius!', then sits staring at the pile of notes on a table in front of her, rubbing her eyes in apparent joyous disbelief.
FERGIE: Yeah OK but then if you want to go and do a big deal with Andrew, then that's the big one.
MM: I do. Of course. OK, no, of course. So you need 500,000 in pounds...
FERGIE: But that's in wire transfer.
MM: That has to be in wire transfer, I mean obviously.
FERGIE: (smoking cigarette) That's a wire transfer that's completely above board. And that goes straight to wire transfer.
MM: Who do we send that to?
FERGIE: You send it to the bank account that I tell you to send it to.
MM: If you give me the bank account details I'll arrange that, no problem at all.
FERGIE: (waving hands expansively) Then that, is then like, then you open up all the channels whatever you need, whatever you want, and then that's what and then you meet Andrew and that's fine. And that's, that's when you really open up whatever you want (her bank account, she adds, is with HSBC). And as Andrew said, 'Listen, if he's going to be kind enough to want to play, then Andrew will play'.
MM: Let's play!
FERGIE: And he (Andrew) says, 'Let's play, we'll play' as long as it's nothing to do with him... But you will be his friend. I will listen to the friendship talk between you two. And then I do it.
FERGIE: You two talk.
FERGIE:Then I activate... he meets the most amazing people. And he just throws them my way.
MM: He throws them your way, fantastic. Well, and you throw them my way.
MM: OK.
MM: Right.
FERGIE: I listen.
MM: OK.
Read more:
http://www.dailymail.co.uk/news/article-1280744/Sarah-Fergusons-500k-cash-access-scandal-Fergie-tries-brave-face.html#ixzz0oyfwyPtZ