Saturday, Aug 01st
Last update09:48:43 PM GMT
Of Special Interest BP chief Tony Hayward sold shares weeks before oil spill
Tony Hayward cashed in about a third of his holding in the company one month before a well on the Deepwater Horizon rig burst, causing an environmental disaster.
There is no suggestion that he acted improperly or had prior knowledge that the company was to face the biggest setback in its history.
His decision, however, means he avoided losing more than £423,000 when BP’s share price plunged after the oil spill began six weeks ago.
|
 More than a million children across the US have lost access to Supplemental Nutrition Assistance Program... | ||
 As the U.S. war against Iran edges past 150 days, a controversial former ally of President... |
 One of the most intimidating aspects of modern US relations with the Arab and Muslim world... |
