Thursday, August 26, 2010

BP (NYSE:BP) Tony Hayward Says No to Testifying

While everyone agrees it was a mistake to release the man convicted of bombing Pan Am Flight 103 over Lockerbie, Scotland, the pursuit of BP (NYSE:BP) by desperate Democrats attempting to find any issue to hang their hats on, is getting tiring and despicable.

BP CEO Tony Hayward, who will be stepping down soon, has rightly refused to testify before U.S. Senators on the matter.

British and Scottish leaders have already cleared BP in the matter, and said there was no specific request by BP to have bomber Abdel Baset al-Megrahi in exchange for oil contracts.

Hayward said, "BP has nothing to add to these clear, unequivocal statements."

It has been public knowledge for years that BP and the British government supported a prisoner exchange in relationship to oil exploration contracts, but that had nothing to do directly with al-Megrahi, as far as having a specific request made for his release. It was a general deal, according to the British.

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