War of words heats up ahead of BP's court case

BP's part in the Macondo well disaster in the Gulf of Mexico in 2012 is set to flare up again after the US Department of Justice's attorneys accused the British company of a 'culture of corporate recklessness'.

BP's part in the Macondo well disaster in the Gulf of Mexico in 2012 is set to flare up again after the US Department of Justice's attorneys accused the British company of a 'culture of corporate recklessness'.

The Financial Times (FT) reports that the Department of Justice is intent on throwing the book at the UK company for alleged gross negligence and wilful misconduct, citing email exchanges among BP staff prior to the explosion on the Deepwater Horizon oil rig as evidence of a callous disregard for proper safety procedures.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.