BP takes back £32 mn from former CEO Looney after ouster

BP said it will take back over £32 million (around ₹342 crore) from former CEO Bernard Looney after the oil major concluded he "knowingly misled" the board regarding personal relationships with colleagues. BP's board dismissed Looney immediately on Wednesday, cutting short the 53-year-old's 12-month notice period from his resignation on September 12.