BP plc Reacts To Bribery Claim

BP plc (NYSE:BP) has reportedly suspended a senior executive accused of bribery.

BP plc Reacts To Bribery Claim

London based multinational oil company and world’s fourth largest company based on revenue, BP plc (NYSE:BP), has reportedly suspended Lars Dencker Nielsen, one of its senior executives, who is alleged to have taken cash from a shipping magnate in return for multi-million pound contracts.

It has been reported that a whistleblower who described himself as a “BP employee” brought the case to the attention of BP plc (NYSE:BP) CEO, Bob Dudley.

BP plc (NYSE:BP) stocks are currently standing at 43.53.

Price History
Last Price: 43.53
52 Week Low / High: 33.62 / 48.34
50 Day Moving Average: 45.2
6 Month Price Change %: -4.3%
12 Month Price Change %: -5.9%