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BHP Billiton provides update on continuing regulatory investigations


Published Aug 19, 2013
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BHP Billiton approves funding for North West Shelf North Rankin Gas compression project

As previously disclosed BHP Billiton received a request for information in August 2009 from the US Securities and Exchange Commission (SEC).

As a result the Group commenced an internal investigation and disclosed to relevant authorities including the U.S. Department of Justice (DOJ) evidence that it uncovered regarding possible violations of applicable anti-corruption laws involving interactions with foreign government officials. As has been publicly reported, the Australian Federal Police has indicated that it has commenced an investigation. The Group is fully cooperating with the relevant authorities as it has since the US investigations commenced.

As a part of the US process, the SEC and DOJ have recently notified the Group of the issues they consider could form the basis of enforcement actions and discussions are continuing.

Tags: BHP Billiton




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