You are hereReuters: Massey faces criminal probe for mine blast: sources

Reuters: Massey faces criminal probe for mine blast: sources

April 30, 2010- Massey Energy Co is under criminal investigation by the FBI after the deadly mine explosion in West Virginia, U.S. officials familiar with the matter said on Friday, news that sent the company's stock plummeting.

The FBI is probing the company and the circumstances surrounding the explosion which killed 29 miners, including for potential negligence, the officials said, declining further identification.

The miners died at the Upper Big Branch mine in Montcoal, West Virginia, on April 5, in the worst U.S. mining disaster since 1970.

President Barack Obama attended a memorial service for the men on Sunday and stressed the need for greater mine safety. On April 15, he placed primary blame for the disaster on Massey.

FBI and Justice Department officials declined to comment. National Public Radio reported that the agency that regulates the industry, the Mine Safety and Health Administration, was also under investigation related to potential bribery, but one U.S. official denied that report.



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