Oil spill fund audit finds underpayments of $64 mln

Friday, April 20th, 2012 Liability Property

An audit of the $20 billion fund for paying victims of the 2010 Gulf of Mexico oil spill found "significant errors" that led to about 7,300 claimants who were underpaid receiving an extra $64 million, the U.S. Justice Department said on Thursday. The Gulf Coast Claims Facility was set up initially to compensate fishermen, hotel owners, property owners and others for losses from explosion of the Deepwater Horizon drilling rig and subsequent oil spill from the BP Plc well.


External References & Further Reading
http://www.reuters.com/article/2012/04/19/oil-spill-fund-audit-idUSL2E8FJH1F20120419
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