BP meets with Congress to discuss victim payouts
POSTED: Thursday, October 27, 2011 - 3:42pm
UPDATED: Friday, November 30, 2012 - 9:28am
NBC NEWS — Eighteen months after the BP oil spill in the Gulf of Mexico, the administrator of the $20 billion compensation fund updated congress today about the status of payments to victims of the largest manmade disaster in U.S. history.
Kenneth Feinberg told a House Committee on Natural Resources hearing, the massive volume of claims presents a monumental challenge to the claims process.
So far, the fund has paid $5.5 billion to more than 213,400 claimants.
Several congressmen from states affected by the spill voiced their concern about distribution of the funds.
Representative Jeff Landry of Louisiana said many shrimpers are not receiving adequate compensation while some part-timers have gotten money.
“In some weeks, we have received more claims in a week than we received in the entire life of the 9/11 victim compensation fund,” said Feinberg.
Landry replied, “I continue to hear stories of people who really need this money, people who have been in the shrimping industry generation after generation who are not getting the help".
The Deepwater Horizon oil rig exploded in April of 2010, killing eleven men and spilling nearly 5 million barrels of oil into the gulf.