BP to pay record fine in Gulf oil spill; 2 to face manslaughter charges
2012-11-15 0:00

From: CBSNews

Oil giant BP said Thursday it has agreed to pay the largest criminal penalty in U.S. history for the 2010 oil spill in the Gulf of Mexico.

The company announced that it will pay $4.5 billion to settle with the federal government. The largest previous corporate criminal penalty assessed by the Department of Justice was the $1.2 billion fine imposed on drug maker Pfizer in 2009.

Meanwhile, a source close to the case confirmed to CBS News Thursday that two BP employees face manslaughter charges over the death of 11 people in the explosion of the Deepwater Horizon oil rig that triggered the massive spill.

The person, who spoke on condition of anonymity because they were not authorized to speak on the record about the deal, also confirmed that BP will plead guilty to obstruction for lying to Congress for its statements on the size of the leak.

Attorney General Eric Holder is in New Orleans and is expected to announce the plea agreement at a press conference later Thursday, CBS News reports.

The Deepwater Horizon rig, 50 miles off the Louisiana coast, sank after the April 20, 2010, explosion. The well on the sea floor spewed an estimated 206 million gallons of crude oil, soiling sensitive tidal estuaries and beaches, killing wildlife and shutting vast areas of the Gulf to commercial fishing.

The spill exposed lax government oversight and led to a temporary ban on deepwater drilling while officials and the oil industry studied the risks, worked to make it safer and developed better disaster plans.

BP’s environmentally-friendly image was tarnished, and independent gas station owners who fly the BP flag claimed they lost business from customers who were upset over the spill. BP chief executive Tony Hayward stepped down after the company’s repeated gaffes, including his statement at the height of the crisis: "I’d like my life back."


Read the full article at: cbsnews.com

Related Articles

Latest News from our Front Page

Munich Jews battle in court over Holocaust remembrance
2015-11-30 20:42
Two Jewish groups in Munich are at odds over how to remember the Holocaust. The situation has escalated, and now one of the groups is suing the city. The argument centers on ‘Stolpersteine’ - bronze memorial plaques that can be found all over Germany, but not in Munich. In July, Munich voted to continue the ban on Stolpersteine first introduced in ...
The Pilgrims Were Definitely Not Like Modern-Day Refugees
2015-11-27 20:01
This upcoming Thanksgiving Day is sure to offer you and your family plenty of opportunities to argue over whether America should be welcoming Syrian refugees. If you have any liberal relatives or friends coming over for your Thursday feast, they’re going to relish the chance to tell everyone that the Pilgrims were refugees too — and hope that statement decimates all ...
ISIS to France: "We will be coming. Victory has been promised to us by Allah"
2015-11-26 3:33
Homegrown French ISIS fighters have issued a chilling threat of new attacks on France just 24 hours after the terrorist group used movie footage of the Eiffel Tower's collapse in another video.  A balaclava-clad militant is seen warning 'we will be coming, we will come to crush your country' in footage posted on Twitter earlier today. It is unclear where the film ...
ISIS teenage 'poster girl' Samra Kesinovic 'beaten to death' as she tried to flee the group
2015-11-26 1:07
She appeared in social media images for the group carrying a Kalashnikov and surrounded by armed men A teenage girl who ran away from her Vienna home to join Isis in Syria has reportedly been beaten to death by the group after trying to escape. Samra Kesinovic, 17, travelled to Syria last year with her friend Sabina Selimovic, 15. The two became a ...
The Right Stuff's flagship podcast "The Daily Shoah" has been censored by Soundcloud
2015-11-25 22:56
Editor's note: The PC corporate moral police strike again. Just as Radio 3Fourteen & Red Ice Radio were censored from iTunes, The Daily Shoah was pulled from Soundcloud today. As per usual, there is a double standard, they allow any kind of anti-White material: No counter culture humor making fun of the genocidal mainstream garbage is allowed! ... From: therightstuff.biz Soundcloud took it upon ...
More News »