BP has pleaded guilty to charges and will pay
four billion dollars.
The British oil giant pleaded guilty to multiple charges including manslaughter on Thursday.
The British oil giant pleaded guilty to multiple charges including manslaughter on Thursday.
The top officers who were on the oilrig were
charged with manslaughter due to negligence of giving tests to insure the
drilling was safe
BP will pay the 4 billion dollars over the course of five years in a settlement made with the Department of Justice.
BP will pay the 4 billion dollars over the course of five years in a settlement made with the Department of Justice.
An additional 525 million dollars will be
paid over three years to the Security and Exchange Commission as a civil
penalty.
The New York Times reported that other claims including damages of natural resources are also to be paid by BP.
This settlement comes after the events of the oil spill in the Gulf of Mexico that happened in 2010.
New York Times Article
Washington Post Article
CNN Article
The New York Times reported that other claims including damages of natural resources are also to be paid by BP.
This settlement comes after the events of the oil spill in the Gulf of Mexico that happened in 2010.
New York Times Article
Washington Post Article
CNN Article
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