What Was Wrong With BHP Billiton's Compliance Program

Law360, New York (May 22, 2015, 5:00 PM EDT) -- On May 20, 2015, the U.S. Securities and Exchange Commission announced a $25 million settlement with global resources company BHP Billiton Ltd. to settle charges that BHP Billiton violated the books and records and internal controls provisions of the Foreign Corrupt Practices Act by providing luxury travel packages to foreign government officials and their spouses at the 2008 Beijing Olympic Games....

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