US to press on with $18bn BP lawsuit despite settlement
The US government vowed to press ahead with its $18bn (£11bn) legal action against BP despite the oil giant's $7.8bn settlement with 110,000 Gulf of Mexico businesses and individuals over the Deepwater Horizon oil spill.
In a strongly worded statement, the US Department of Justice (DoJ) said the settlement "by no means fully addresses its responsibility for the harms it has caused" or meant that BP had paid for "its violation of law".
The DoJ which is bringing a federal negligence case under the Clean Water Act, which could cost as much as $18bn, said that it remains "fully prepared" to try the case.
BP, which denies gross negligence and also disputes the amount of oil that poured into the Gulf, has set aside $3.5bn to pay fines. ...