Boston, MA 08/12/2014 (wallstreetpr) – Things may become strenuous for the ex-executive of BP plc (ADR) (NYSE:BP), David Rainey, as the trial may begin soon. It is expected that the trial in case of Rainey causing hindrance in congressional investigation of Gulf of Mexico oil spill case of 2010 may begin in March 9, 2015 week.
Status Conference on David Rainey Case
The trial date is a tentative one and a just a portion of the order issued by the U.S. District Judge Kurt Engelhardt after the status conference took place on August 11, 2014.
The prosecutors fired allegations on David Rainey that during the congressional briefing of May 4, 2010, he did not disclose complete information regarding the estimated or rough rate of oil spewing from the well of company which blew out due to rig explosion.
He is also accused of providing false as well as misleading information in response to the subcommittee chairman letter seeking proper information.
Background of the Case
The Gulf of Mexico 2010 oil spill case is said to be the worst-ever in the history of the U.S. The oil spill tolled 11 lives. The case came into limelight after the underwater cameras disclosed the fact that pipeline from BP Plc (ADR) (NYSE:BP) leaked gas as well as oil on the ocean bed around 42 miles off coast Louisiana. When the well was capped, it was found that the loss has already been made and that too, of a considerable measure. It was revealed that approximately 4.9 million barrels of oil spill has already taken place in the Gulf of Mexico.
It is worth noticing that the oil spill caused considerable side effects to humans and ecosystem apart from marine life. Interestingly, it is noteworthy that the Gulf of Mexico, even after three years of oil spill, is still not free from the effects of it.
