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Halliburton Admits It Destroyed Gulf Spill Evidence, Pays 0.0007% of Revenue Fine

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zerohedge.com / By Tyler Durden / July 25, 2013, 21:01 -0400

With regard to the disastrous Macondo oil well rupture that ended in 11 deaths and triggered the largest US offshore oil spill of all time (and uncountable ongoing ecological impacts)Halliburton has‘graciously’ decided to plead guilty to destroying evidence. ‘Guilty?’ we hear you ask? When has any large US corporation not just settled in order to not be forced to admit guilt? Well, as Reuters reports, “their willingness to plead to this may also indicate that they’d like to settle up with the federal government on the civil penalties.” The maximum statutory fine for this apparent midemeanour? $200,000! Or 0.0007% of expected revenues for 2013Well, that’ll teach ‘em for sure – they won’t be destroying evidence again, eh?

Via Reuters,

Halliburton Co has agreed to plead guilty to destroying evidence related to the 2010 Gulf of Mexico oil spill, the U.S. Department of Justice said on Thursday.

The government said Halliburton’s guilty plea is the third by a company over the spill and requires the world’s second-largest oilfield services company to pay a maximum $200,000 statutory fine.

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