Tags: EU | Britain | BP

BP Gets US Demand for Notice of Asset Sales

Wednesday, 07 Jul 2010 07:48 AM

BP says it has received a demand from U.S. authorities for advance notice of any asset sales or significant cash transfers.

It confirmed a report in the Financial Times on Wednesday that U.S. assistant attorney general Tony West wrote to the company on June 23. Normally the U.S. Justice Department does not require advance notice of such deals.

BP spokeswoman Sheila Williams said the oil company had not responded to the letter but would do so "in due course." She declined to say whether the Justice Department had set a deadline.

The letter underlines the U.S. government's intense scrutiny of BP as it struggles to cap the oil leak in the Gulf of Mexico and clean up the damage.

© Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

1Like our page
2Share
US
BP says it has received a demand from U.S. authorities for advance notice of any asset sales or significant cash transfers.It confirmed a report in the Financial Times on Wednesday that U.S. assistant attorney general Tony West wrote to the company on June 23. Normally the...
EU,Britain,BP
119
2010-48-07
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved