Joined Nov 11, 2007
31,929 Blog Posts

$BHP Will Cooperate With an Investigation Into Violations of Anti Corruption

“CANBERRA (Reuters) – BHP Billiton Ltd said it was co-operating in an investigation into possible violations of anti-corruption laws, and said in response to media reports that it believed its sponsorship of the 2008 Beijing Olympics had complied with all applicable laws.

The Australian Financial Review said on Wednesday that allegations BHP provided inducements,hospitality and gifts to Chinese and other foreign officials were the subject of an investigation by theU.S. Department of Justice and the Australian Federal Police (AFP).

The U.S. Justice Department told the AFR, in response to a freedom of information request, it was conducting “law enforcement proceedings” involving BHP, which supplied materials for the gold, silver and bronze medals used in Beijing….”

Full article

If you enjoy the content at iBankCoin, please follow us on Twitter