Piracy on show at BP AGM

Shareholders got a piratical welcome today at London's Excel centre when they arrived for BP's annual general meeting...

A band of corporate pirates were there to point the way to the meeting and distribute shareholder briefings on BP's activities in Iraq.

They branded as 'blatant piracy' BP's attempts to turn war and occupation in Iraq into a business opportunity - by securing control of Iraq's vast oil reserves.

This has included BP funding lobby groups to push an oil privatisation law which would see Iraq lose billions of dollars of oil revenue.

Meanwhile, activist shareholders went into the meeting to question new BP CEO Tony Hayward over Iraq (full report below).