May 27, 2010
Sydney Morning Herald
BHP Billiton told a business ethics forum yesterday that an investigation of possible irregular payments to the Cambodian government provided a chance for it to review its processes.
BHP's group executive and chief people officer, Karen Wood, said she could could not comment on the likely outcome of the investigation by the US Securities and Exchange Commission and BHP itself because it was still under way.
''As unsettling as allegations of misconduct can be, the key task for us is to face them squarely, determine what happened and, if misconduct did occur or shortcomings are found, take the steps needed to prevent similar problems in future,'' Ms Wood said.
Sydney Morning Herald
BHP Billiton told a business ethics forum yesterday that an investigation of possible irregular payments to the Cambodian government provided a chance for it to review its processes.
BHP's group executive and chief people officer, Karen Wood, said she could could not comment on the likely outcome of the investigation by the US Securities and Exchange Commission and BHP itself because it was still under way.
''As unsettling as allegations of misconduct can be, the key task for us is to face them squarely, determine what happened and, if misconduct did occur or shortcomings are found, take the steps needed to prevent similar problems in future,'' Ms Wood said.
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