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AG Holder: Investigation of BP spill to continue

2:29 AM, Nov 16, 2012   |    comments
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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.

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.

A federal indictment charges David Rainey, who was BP's vice president of exploration for the Gulf of Mexico, on charges of obstruction of Congress and false statements.

The indictment claims that Rainey lied to federal investigators when they asked him how he calculated a flow rate estimate for BP's blown-out well in the days after the April 2010 disaster.

Indictments charging two BP well site leaders with manslaughter were also unsealed Thursday.

Associated Press

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