BP Claims Fund To Offer Additional Payment

The administrator of the $20 billion BP PLC fund doling out money to Gulf oil spill victims says the program will be offering claimants an additional payment. 

The Gulf Coast Claims Facility, which took over the process from BP this summer, would not provide further details Friday. It planned an announcement on Monday. 

The facility says the program has so far paid out about $2.4 billion to 163,632 individuals and businesses. 

It is being run by Washington attorney Kenneth Feinberg, who previously oversaw claims to Sept. 11 victims and their families. 

The fund has been doling out money to people who have been able to prove losses from BP's April 20 oil well blowout, but many are complaining they are being shortchanged and the payments are coming too slowly.