Global resources company BHP Billiton disclosed in an annual report this week that it’s discussing a possible resolution with the Securities and Exchange Commission to resolve an investigation of potential violations of the Foreign Corrupt Practices Act.
In its 2014 annual report, BHP Billiton said the issues “relate primarily to matters in connection with previously terminated exploration and development efforts, as well as hospitality provided as part of the company’s sponsorship of the 2008 Beijing Olympics.”
