BP chief Hayward rejects Barton's remarks on $20B relief fund
BP CEO Tony Hayward disavowed a top Republican's characterization of a $20 billion relief fund the company will establish as a "slush fund."
Hayward rejected the controversial remarks Rep. Joe Barton (R-Texas) made Thursday morning, in which he criticized the account in escrow the oil company will create to pay out damages to victims of the oil spill in the Gulf of Mexico.
"I certainly didn't think it was a slush fund," Hayward said this afternoon during an appearance before a congressional committee.
*snip*
"As we said yesterday, the fund is a signal of our commitment to do right to ensure ... everyone who's been impacted by this is kept whole," Hayward said. "That is what I've said from the beginning of this, and that's what we intend to do."
http://thehill.com/blogs/blog-briefing-room/news/103911-bp-chief-hayward-rejects-bartons-remarks-on-20b-relief-fund
Printer-friendly format
Email this thread to a friend
Bookmark this thread
(1000+ posts)
Send PM |
Profile |
Ignore