Entering text into the input field will update the search result below

BHP pays $25M fine for footing bill for officials to attend Olympics

May 20, 2015 9:10 AM ETBHP Group Limited (BHP) StockBHPBy: Carl Surran, SA News Editor1 Comment
  • BHP Billiton (NYSE:BHP) agrees to pay a $25M fine to settle SEC charges that it violated the Foreign Corrupt Practices Act when it sponsored the attendance of foreign government officials at the 2008 Olympics in Beijing.
  • BHP paid for 60 government officials and employees of state-owned employees, mostly from Africa and Asia, and spouses and others to attend the event, valued at $12K-$16K per package.
  • BHP neither admitted nor denied wrongdoing in agreeing to settle the civil charges.

Recommended For You

About BHP Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
BHP--
BHP Group Limited