BHP Billiton denies breaking law in Olympics deal - WAOW - Newsline 9, Wausau News, Weather, Sports

BHP Billiton denies breaking law in Olympics deal

Posted:

CANBERRA, Australia (AP) -- Global miner BHP Billiton is denying it violated anti-corruption laws through its sponsorship of the 2008 Beijing Olympics.

The Australian Financial Review newspaper reported on Wednesday that the U.S. Justice Department and Australian police are investigating transactions relating to its sponsorship.

The Anglo-Australian company says it has been cooperating with authorities conducting the investigation.

Its statement says, "We believe our Olympics activities complied with all applicable law."

The newspaper reported the investigation had discovered "suspicious transactions that had been recorded as legitimate business payments" by BHP Billiton.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WAOW. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Chief Engineer Russ Crass at 715-842-2251. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.