Ohio Sues BP For More Than $33 Million
03 March 2015 - 12:26PM
Dow Jones News
Associated Press
Ohio is suing oil and gas company BP for more than $33 million,
alleging it double dipped by taking state funds and money from
insurers to clean up accidental leaks from underground storage
tanks at hundreds of its gas stations around the state.
The state's attorney general and the Ohio Petroleum Underground
Storage Tank Release Compensation Board filed the lawsuit Monday.
The board administers a fund used as a last resort when tank owners
lack coverage or don't accept insurance money.
The lawsuit alleges London-based BP wrongfully obtained $33.3
million in reimbursements from the fund, saying it had no insurance
for the leaks when it often accepted insurance money for the same
releases.
BP PLC spokesman Jason Ryan says the company acted in good faith
and will defend itself against the lawsuit.
Copyright 2015 Associated Press
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