A federal judge in New Orleans on Wednesday ordered BP to put up nearly $130 million for the next three months of Gulf oil spill settlements despite the oil company's complaints about excessive costs, SIA reports citing CNN.
BP has alleged the Court Supervised Settlement Program has been approving excessive or false claims from people or businesses that say they were damaged by the Deepwater Horizon blowout in 2010.
The company balked at providing the $128 million-plus budget program administrators presented it with in July, telling the court Monday that it had "significant concerns" about the program's "poor productivity and excessive costs," according to court papers.
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