BHP Billiton denies breaking law in Olympics deal
Global miner BHP Billiton is denying it violated anti-corruption
laws through its sponsorship of the 2008 Beijing Olympics.
The Australian Financial Review newspaper reported on Wednesday
that the U.S. Justice Department and Australian police are
investigating transactions relating to its sponsorship.
The Anglo-Australian company says it has been cooperating with
authorities conducting the investigation.
Its statement says, ”We believe our Olympics activities
complied with all applicable law.”
The newspaper reported the investigation had discovered
”suspicious transactions that had been recorded as legitimate
business payments” by BHP Billiton.