Skip to content
author profile image

Magnolia Tribune

This article was produced by Magnolia Tribune staff.
News  |  Magnolia Tribune  • 
August 24, 2011

BP fund has paid out $5 billion to Gulf spill victims

BP fund has paid out $5 billion to Gulf spill victims NEW YORK – BP Plc has paid out more than $5 billion to 204,434 victims of last year’s Gulf of Mexico oil spill, fund administrator Kenneth Feinberg said on Tuesday. The payouts amount to roughly 25 per cent of the $20-billion fund, known as…