BHP Faces Bribery Probe Into Beijing Olympics Sponsorship

Law360, New York (March 13, 2013, 8:14 PM EDT) -- Federal prosecutors are investigating alleged corruption at mining giant BHP Billiton, the company said Wednesday, responding to Australian media reports about a joint U.S.-Australian bribery investigation into the company's sponsorship of the 2008 Beijing Olympics.

The confirmation came on the same day that Australia's Fairfax Media Ltd. reported that U.S. and Australian prosecutors were investigating gifts given to Chinese dignitaries as part of the company’s multimillion-dollar sponsorship program of the games.

"We have been asked about BHP Billiton's sponsorship of the 2008 Beijing Olympics," the company...
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