Tagged: justice department

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BP Oil Spill
6:43 am
Thu November 29, 2012

Contract Ban, Civil Litigation Add To BP's Woes

Originally published on Thu November 29, 2012 8:18 am

Transcript

DAVID GREENE, HOST:

It's MORNING EDITION, from NPR News. I'm David Greene.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

The multinational oil firm BP is being taken to account for the massive 2010 spill in the Gulf of Mexico. Yesterday, the Obama administration banned BP from any new contacts with the federal government, citing, quote, "a lack of business integrity" related to the spill - that after BP admitted criminal wrongdoing in its recent settlement with the U.S. Justice Department.

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BP Oil Spill
6:00 am
Fri November 16, 2012

BP Settles Criminal Case With Justice Department

Attorney General Eric Holder discusses BP settlement being apportioned to Gulf States.

The Justice Department says the fines from record-setting criminal penalties settled with BP over its oil spill will mostly stay in the Gulf Coast. Because Louisiana took the brunt of the damage, it will take most of the money.

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BP Oil Spill
1:00 pm
Thu November 15, 2012

Four More BP Employees Will Be Charged In Oil Spill

Originally published on Thu November 15, 2012 4:12 pm

Two sources tell NPR that four more BP employees will be charged in relation to the BP oil spill, which dumped more than 200 million gallons of oil into the Gulf of Mexico in 2010.

The individuals facing manslaughter charges are former BP well managers Donald Vidrine and Robert Kaluza. Another high ranking official, David Rainey, the former head of Gulf of Mexico exploration, will be charged with downplaying the spill to lawmakers. One more lower ranking BP employee will face insider trading charges.

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BP Oil Spill
11:08 am
Thu November 15, 2012

BP's $4 Billion Criminal Penalty: Who Gets The Money?

Credit Chris Graythen / Getty Images
July 2010: Two pelicans sit on booms protecting Queen Bess Island, La., from oil that spilled after the Deepwater Horizon rig exploded in April.

Originally published on Thu November 15, 2012 1:37 pm

(We updated this post with more details at 2:25 p.m. ET. Scroll down to see them.)

Now that BP has pleaded guilty and agreed to pay $4 billion in criminal penalties for misconducted related to the 2010 Gulf Oil spill, there's a logical question:

Where does the money go?

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