Defendant Name:
BHP Billiton, Ltd.
Defendant Type:
Public Company
Document Reference:
2015-93
Document Details
Legal Case Name
In the Matter of BHP Billiton Ltd. and BHP Billiton Plc
Document Name
SEC Charges BHP Billiton With Violating FCPA at Olympic Games
Document Date
20-May-2015
Document Format
Administrative Proceeding
Allegation Type
Foreign Corrupt Practices Act
Document Summary
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."
Disgorgement & Penalty Information
Resolutions
Various undertakings
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Other Defendants in Action: