Halliburton admits guilt in BP oil spill case

[Osomir]

US multinational Halliburton has agreed to admit it destroyed evidence related to its part in the huge 2010 Gulf of Mexico oil spill, the US Department of Justice announced.

Halliburton will pay the maximum fine available, be on probation for three years and continue to cooperate with the government's criminal investigation, a news release by the department said on Thursday. It did not spell out the fine amount.

The Houston-based multinational also made a separate, voluntary $55 million payment to the National Fish and Wildlife Foundation, US Justice Department said, adding that it was not a condition of the court agreement.

Halliburton is the third company to admit wrongdoing over the largest US offshore oil spill happened on April 20, 2010. British oil giant BP and offshore drilling contractor Transocean previously entered guilty pleas related to other aspects of the Gulf oil spill.

Halliburton admits guilt in Gulf spill case - Americas - Al Jazeera English

 

[Katzndogz]

Probably cheaper than a trial, which is the real reason for most negotiated pleas.