Managers of ethical investment funds could be forced to consider selling out of BHP Billiton after the Federal Government last night widened the kickbacks-for-Saddam inquiry to include the world's biggest miner.
Attorney-General Philip Ruddock last night widened the inquiry's terms of reference to probe BHP Billiton (bhp.ASX:Quote,News) and a company set up by former executives of resources giant Tigris Petroleum.
The move followed a request on Friday from inquiry commissioner Terence Cole, who foreshadowed that current and former BHP executives could face potential jail terms over their dealings in Iraq with monopoly wheat exporter AWB.
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