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BP supervisors indicted on manslaughter; settles criminal charges for $4 billion in spill

November 16, 2012 by legitgov

BP supervisors indicted on manslaughter; settles criminal charges for $4 billion in spill 15 Nov 2012 BP has agreed to plead guilty to 14 criminal counts, including manslaughter, and will pay $4 billion over five years in a settlement with the Justice Department over the 2010 oil spill volcano in the Gulf of Mexico, the company and Justice Department announced Thursday. In addition, the London-based oil giant will pay $525 million over three years to settle claims with the Securities and Exchange Commission, which said the company concealed information from investors. Attorney General Eric Holder also announced a separate 23-count criminal indictment - including charges of seaman's and involuntary manslaughter - against the two top-ranking BP supervisors on the Deepwater Horizon drilling rig where a blowout occurred April 20, 2010, sinking the rig and killing 11 workers. Holder also announced an indictment against David Rainey, a BP vice president, for hiding information from Congress and lying to law enforcement officials about the rate at which oil was gushing into the Gulf of Mexico.

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