Defendant Name: BHP Billiton Plc

Defendant Type: Public Company
SIC Code: 1011
CUSIP: 05545E20

Initial Case Details

Legal Case Name In the Matter of BHP Billiton Ltd. and BHP Billiton Plc
First Document Date 20-May-2015
Initial Filing Format Administrative Action
File Number 3-16546
Allegation Type Foreign Corrupt Practices Act

Violations Alleged

Exchange Act
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)

Resolutions

First Resolution Date 20-May-2015
Headline Total Penalty and Disgorgement $25,000,000

Related Documents:

2015-93 20-May-2015 Press Release--Administrative Proceeding
SEC Charges BHP Billiton With Violating FCPA at Olympic Games
On May 20, 2015, the SEC announced that it charged global resources company BHP Billiton with violating the Foreign Corrupt Practices Act when it sponsored the attendance of foreign government officials at the 2008 Summer Olympics. According to the SEC, "BHP Billiton failed to devise and maintain sufficient internal controls over its global hospitality program connected to the company's sponsorship of the 2008 Summer Olympic Games in Beijing."
34-74998 20-May-2015 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
On May 20, 2015, the SEC instituted settled administrative proceedings against BHP Billiton Ltd. and BHP Billiton Plc. According to the SEC: "This matter concerns BHPB's failure to devise and maintain sufficient internal controls over a global hospitality program that the company hosted in connection with its sponsorship of the 2008 Beijing Summer Olympic Games....As a result, BHPB invited government officials who were directly involved in, or in a position to influence, pending contract negotiations, efforts to obtain access rights, regulatory actions, or business dealings affecting BHPB in multiple countries."

Other Defendants in Action:

BHP Billiton, Ltd.