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Sunday, Sep 8
Possible corruption found in BP Gulf settlement scheme
- Former FBI director Louis Freeh has found evidence of attempts by senior lawyers working on BP's (BP) Gulf oil-spill claims program to "corrupt" the process.
- Freeh said that the conduct was improper, unethical and possibly criminal, and recommended that his report be passed on to the Department of Justice.
- However, Freeh absolved court-appointed claims administrator Patrick Juneau of any wrongdoing, and said the problems that he found didn't warrant the suspension of payments to victims.
- Freeh's report represent a partial validation for BP, which has long complained about the claims process, although the company has been more concerned that Juneau's interpretation of the terms of the spill settlement has been too loose.