NPR - Carrie Johnson, 11/15/12
The Deepwater Horizon oil rig burned on April 21, 2010.
U.S. Coast Guard/Getty Images
Update at 11:30 a.m. ET: Oil giant BP has agreed to plead guilty to criminal misconduct related to the 2010 Gulf Oil spill and will pay a record $4 billion in criminal penalties, the company just confirmed. And it will pay $525 million in civil penalties in a resolution with the Securities and Exchanges Commission. BP will make the payments over six years.
About $2.4 billion of the criminal fine, BP says, will "be paid to the National Fish & Wildlife Foundation (NFWF) over a period of five years. In addition, $350 million will be paid to the National Academy of Sciences (NAS) over a period of five years."
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Comments
BP Oil Spill
six years???? someone's got be joking!!!!!
this sentence is unbelievable.
sorry...