Thursday, November 15, 2012

Largest Criminal Penalty In U.S. History Levied Against BP

Activist Post

More than 2 1/2 years on, the BP oil spill is still ravaging the food chain and the environment, and continues to have incalculable economic ramifications. Settlements on criminal claims against BP are finally working their way through the U.S. justice system, however. The record $4.5 billion tops the previous record paid out by Pfizer for marketing fraud. As reported by the Associated Press, the mounting penalties are not only monetary:
Two men who worked for BP during the 2010 Gulf oil spill disaster have been charged with manslaughter and a third with lying to federal investigators, according to indictments made public Thursday, hours after BP announced it was paying $4.5 billion in a settlement with the U.S. government over the disaster. (Source)
As the video report below highlights, the $4.5 billion appears to be only the beginning of financial penalties. If properly fined under The Clean Water Act, the company could be hit with up to $21 billion in additional penalties.

BP has tried to sponsor ads for tourism to the Gulf by injecting $100 million into a campaign to make people believe that the region is the "Best Place" for sunny and healthy living. With such a claim, perhaps marketing fraud should be added to their list of crimes.

Read other articles by Activist Post Here

This article may be re-posted in full with attribution.


If you enjoy our work, please donate to keep our website going.


Anonymous said...

Ha "the company will acknowledge some type of criminal behavior." Ya think?

Paul Panza said...

If there were any real justice BP would have its corporate charter revoked, all monies frozen until damages have been neutralized, all executives should be tried for manslaughter and endangering the environment. If there were any commonsense to our form of government all basics would be nationalized for the common good, thus insuring the possibility of life, liberty and the pursuit of happiness.

Anonymous said...

This is a joke! Criminals of the US Government judging and penalising other Criminals?
Why cannot these so called judges not find most all of the US Government Criminals Guilty of TREASON when there are Mountains of Evidence that these same criminals have committed War Crimes and Crimes Against Humanity Worldwide???

Anonymous said...

"Two men who worked for BP during the 2010 Gulf oil spill disaster have been charged with manslaughter and a third with lying to federal investigators,"
Poor slob fall guys you can bet no one with any influence will be charged with anything and once the payoffs are secure and enough flunkies have been sacrificed BP will be let off the hook
though we will be told a different story.

These hearing and the so called working their way through the justice system is just a cover for BP and the Government Criminals figuring out the purchase price of the Government Criminals.

Post a Comment