Antinuclear

BHP Billiton under investigation for corruption

BHP Billiton could be facing legal action by US over possible breach of anti-corruption laws ABC News, By business reporter Pat McGrath  Aug 16, 2013   Global miner BHP Billiton has revealed it could be facing legal action by US authorities over a potential breach of anti-corruption laws.

The company says the investigation relates to “previously terminated exploration and development efforts, as well as hospitality provided as part of the company’s sponsorship of the 2008 Beijing Olympics”.

BHP announced in April 2010 that it was being investigated by the US Securities and Exchange Commission over possible violations of laws involving interactions with government officials.

In a statement, the company says the Australian Federal Police has also begun an investigation……… http://www.abc.net.au/news/2013-08-16/bhp-reveals-target-of-us-investigation/4891340

August 17, 2013 - Posted by Christina Macpherson | General News