Thursday, July 25, 2013

Halliburton Agrees to Plead Guilty in Spill

[ed. Sweet... and now they're on Double Secret Probation. Destroying evidence? That's so Guantanamo these days. Let's only hope Dick Cheney's stock options are secure.]

Halliburton Energy Services has agreed to plead guilty to destroying evidence in connection with the 2010 Gulf oil spill, the Department of Justice said Thursday.

Federal officials said in a news release that a criminal information charging Hallburton with one count of destruction of evidence was filed in federal court in Louisiana.

Halliburton has agreed to pay the maximum fine, be on probation for three years and continue to cooperate with the government's criminal investigation, according to the news release, which did not list the amount of the fine.

The Houston-based company has also made a $55 million voluntary contribution to the National Fish and Wildlife Foundation. It was not a condition of the court agreement, the news release says.

The company said in a statement Thursday night that it had agreed to plead guilty "to one misdemeanor violation associated with the deletion of records created after the Macondo well incident, to pay the statutory maximum fine of $200,000 and to accept a term of three years probation."

The Justice Department has agreed it will not pursue further criminal prosecution of the company or its subsidiaries for any conduct arising from the 2010 spill, Halliburton's statement said, adding that federal officials have also "acknowledged the company's significant and valuable cooperation during the course of its investigation."

by AP |  Read more:
Image: Halliburton