News about Tony Hayward

After lying about previous collaborations with coworkers, BP's board suspended former Chief Executive Bernard Looney (pictured) of £32 million in salary and compensation this week. Since he made a surprise departure in September, the Irish businessman became the newest BP boss to suffer in disgrace. The revelations have sparked concerns about the oil giant's work culture.

Bernard Looney's future as the BP's boss was already in jeopardy before bombshell revelations about his private life prompted him to resign, according to The Mail on Sunday. Last week, the 53-year-old stepped down abruptly after it emerged that he misled the oil giant's board over a earlier inquiry into his personal relationships with coworkers. After last year's probe found him of violating BP's code of conduct, BP's board, led by chairman Helge Lund, has been accused of turning a blind eye to Looney's "toxic" behavior.