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BP Plc (ADR) (NYSE:BP)’S Ex-Executive, David Rainey To Go Under Trial For Information Concealing Case In Context With 2010 Oil Spill Soon

Boston, MA 08/12/2014 (wallstreetpr) – Things may become strenuous for the ex-executive of BP plc (ADR) (NYSE:BP), David Rainey, as the trial may begin soon. It is expected that the trial in case of Rainey causing hindrance in congressional investigation of Gulf of Mexico oil spill case of 2010 may begin in March 9, 2015 week.

Status Conference on David Rainey Case

The trial date is a tentative one and a just a portion of the order issued by the U.S. District Judge Kurt Engelhardt after the status conference took place on August 11, 2014.

The prosecutors fired allegations on David Rainey that during the congressional briefing of May 4, 2010, he did not disclose complete information regarding the estimated or rough rate of oil spewing from the well of company which blew out due to rig explosion.

He is also accused of providing false as well as misleading information in response to the subcommittee chairman letter seeking proper information.

Background of the Case

The Gulf of Mexico 2010 oil spill case is said to be the worst-ever in the history of the U.S. The oil spill tolled 11 lives. The case came into limelight after the underwater cameras disclosed the fact that pipeline from BP Plc (ADR) (NYSE:BP) leaked gas as well as oil on the ocean bed around 42 miles off coast Louisiana. When the well was capped, it was found that the loss has already been made and that too, of a considerable measure. It was revealed that approximately 4.9 million barrels of oil spill has already taken place in the Gulf of Mexico.

It is worth noticing that the oil spill caused considerable side effects to humans and ecosystem apart from marine life. Interestingly, it is noteworthy that the Gulf of Mexico, even after three years of oil spill, is still not free from the effects of it.

Published by Benjamin Roussey

Benjamin Roussey is from Sacramento, California. He has two master’s degrees and served four years in the U.S. Navy. His bachelor’s degree is from CSUS (1999) where he was on a baseball pitching scholarship. His second master’s degree is an MBA in Global Management from the University of Phoenix (2006). He has worked for small businesses, public agencies, and large corporations. He has lived in Korea and Saudi Arabia where he was an ESL instructor. Benjamin spends his time in between Northern California and Cabo San Lucas, Mexico, committing himself to his craft of freelance and website writing. http://www.facebook.com/ben.rouss



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