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Halliburton pleads guilty to destroying Gulf oil spill evidence

By Reuters
Thursday, July 25, 2013 18:47 EDT
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Image provided by the US Coast Guard shows fire boat response crews fighting the blaze on the off-shore oil rig Deepwater Horizon in the Gulf of Mexico on April 21, 2010 near New Orleans, Louisiana. (AFP)
 
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(Reuters) – Halliburton Co has agreed to plead guilty to destroying evidence related to the 2010 Gulf of Mexico oil spill, and will pay the maximum possible statutory fine, the U.S. Department of Justice said on Thursday.

The plea agreement requires court approval, and also requires the Houston-based company to be subject to three years of probation and to continue its cooperation with the government’s ongoing criminal probe.

Halliburton also made a voluntary $55 million payment to the National Fish and Wildlife Foundation that is not subject to court approval of the plea agreement, the Justice Department said.

A spokeswoman for Halliburton did not immediately respond to requests for comment.

(Reporting by Jonathan Stempel in New York; Editing by Gary Hill)

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