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BP has received the biggest criminal penalty in US history as part of a $4.5bn (£2.8bn) settlement related to the 2010 Deepwater Horizon disaster, in which 11 people died.
The Department of Justice has imposed a $4bn fine, to be paid over five years.
BP will pay an additional $525m to the Securities and Exchange Commission over a period of three years, the firm said.
BP has agreed to plead guilty to:
eleven felony counts of Misconduct or Neglect of Ships Officers relating to the loss of 11 lives
more at link
edit on 15-11-2012 by GrantedBail because: (no reason given)