BP Compensates Around $4 Billion To Oil Spill Victims And Says That There Are Many Fraudulent Claims

BP (LON:BP), the giant energy company, is fighting claims for compensation from the 2010 oil spill that the energy company says are fraudulent, as $4 billion has so far been paid back. The company is waiting for an appeal by U.S. federal courts to change the compensation system to oil spill victims, the wallstreetcheatsheet.com reported. In April 2012 the company agreed to compensate affected businesses and families. BP set aside $8.2 billion to cover the payments, but because of the fraudulent ...