AG Holder: Investigation of BP spill to continue

By: Associated Press Email
By: Associated Press Email
BP PLC has agreed to pay $4.5 billion in a settlement with the U.S. government over the disaster.

The Deepwater Horizon oil rig is seen burning in the Gulf of Mexico more than 50 miles southeast of Venice on Louisiana's tip on April 21, 2010. A federal probe has found that a trapped piece of drill pipe prevented a blowout preventer from properly sealing to stop last year's massive Gulf oil spill.

NEW ORLEANS (AP) -- U.S. Attorney General Eric Holder says the BP settlement is the just the latest step in ongoing efforts to seek justice for the massive 2010 Gulf oil spill.

Holder said at a news conference that the settlement announced Thursday isn't the end of federal authorities' efforts and that the criminal investigation is continuing.

BP PLC has agreed to pay $4.5 billion in a settlement with the U.S. government over the disaster. Holder says much of that money will be used to restore the environment in the Gulf.

BP also said it would plead guilty to criminal charges related to the deaths of 11 workers and lying to Congress. Three men who worked for BP have also been charged in indictments unsealed Thursday.


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  • by Fugg Location: Location on Nov 15, 2012 at 03:42 PM
    Too bad the investigation on fast and furious is not going to continue.
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