BHP Billiton fined $31m over Olympics largesse

Original article by John Kehoe, Nick McKenzie, Richard Baker, Lucille Keen
The Australian Financial Review – Page: 8 : 22-May-15

The US Securities & Exchange Commission has fined resources giant BHP Billiton $US25m ($A31.6m) over the provision of hospitality services to government officials during the 2008 Beijing Olympic Games. BHP was found to have breached anti-bribery laws by providing Olympic tickets and hotel accommodation to officials from Asian and African countries, including China. BHP was a sponsor of the 2008 Olympics.

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BHP BILLITON LIMITED – ASX BHP, UNITED STATES. SECURITIES AND EXCHANGE COMMISSION, AUSTRALIAN FEDERAL POLICE, WESTERN AUSTRALIA. CORRUPTION AND CRIME COMMISSION