By DAVID WINNING
SYDNEY -- US authorities have stepped up an investigation
into potential breaches of anticorruption laws by BHP Billiton,
including its sponsorship of the 2008 Summer Olympics in
Beijing, the mining company said Friday.
BHP said the US Securities and Exchange Commission and
Department of Justice have now detailed issues that could lead
to unspecified "enforcement actions". It said talks with US
authorities are ongoing.
"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," BHP said in a
BHP said an internal investigation launched several years
ago found evidence regarding possible bribery of foreign
Dow Jones Newswires