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Sunday, September 29, 2013

BHP faces possible sanctions following US corporate gifts investigation

Mining giant BHP Billiton might face sanctions as investigations into corporate gifts continue, the miner reported on Friday. In 2009, the US Securities and Exchange Commission (SEC) requested information from the company, prompting BHP to launch internal investigations and to disclose evidence regarding possible violations of anticorruption laws involving interactions with foreign government officials. More on Mining Weekly. BHP is a Global Compact participant since 2003/07/21. In 2013, BHP was a USD 15000 contributor to the Foundation for the Global Compact and USD 10000 contributor in 2012 and 2011.

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