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Halliburton pleads guilty to destroying Gulf oil spill evidence

Source: Reuters - Thu, 25 Jul 2013 22:40 GMT
Author: Reuters
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July 25 (Reuters) - Halliburton Co has agreed toplead guilty to destroying evidence related to the 2010 Gulf ofMexico oil spill, and will pay the maximum possible statutoryfine, the U.S. Department of Justice said on Thursday.

The plea agreement requires court approval, and alsorequires the Houston-based company to be subject to three yearsof probation and to continue its cooperation with thegovernment's ongoing criminal probe.

Halliburton also made a voluntary $55 million payment to theNational Fish and Wildlife Foundation that is not subject tocourt approval of the plea agreement, the Justice Departmentsaid.

A spokeswoman for Halliburton did not immediately respond torequests for comment.

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