May 20, 2015
BHP Billiton Ltd. and BHP Billiton Plc
Foreign Corrupt Practices Act
SANCTION AMOUNT: $25,000,000
Defendants: BHP Billiton Ltd. and BHP Billiton Plc
Settlement of charges that Respondents failed to devise and maintain sufficient internal controls over a global hospitality program connected to a sponsorship of the 2008 Summer Olympic Games in Beijing. Respondents paid for some 60 foreign officials, primarily from countries in Africa and Asia, plus spouses and other guests to attend the games and enjoy three- or four-day hospitality packages valued at $12,000 to $16,000 per package.
- Key Docs
- Official SEC press release