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Home > "Solyndra Lied To Get Loan Guarantee, Investigators Say"

"Solyndra Lied To Get Loan Guarantee, Investigators Say" [1]

"Officials at solar power technology company Solyndra Inc. repeatedly gave false or misleading information to the Department of Energy (DOE) to get the loan guarantee that resulted in widespread condemnation of the Obama administration, an investigation found.

The report released Wednesday is most in-depth probe into the Solyndra scandal, which became a popular talking point to criticize President Obama’s green policies when the company went belly-up in 2011, just in time for the 2012 presidential election.

The DOE’s Office of Inspector General said that Solyndra leaders engaged in a “pattern of false and misleading assertions and statements” both to government employees considering and monitoring its $535 million loan guarantee and to Congress."

Timothy Cama reports for The Hill August 26, 2015. [2]

Energy & Fuel [3]
Environmental Politics [4]
National (U.S.) [5]
Public [6]
Source: The Hill [2], 08/27/2015
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Source URL:https://www.sej.org/headlines/solyndra-lied-get-loan-guarantee-investigators-say

Links
[1] https://www.sej.org/headlines/solyndra-lied-get-loan-guarantee-investigators-say [2] http://thehill.com/policy/energy-environment/251979-solyndra-may-have-lied-to-get-loan-guarantee [3] https://www.sej.org/category/topics-beat/energy [4] https://www.sej.org/category/topics-beat/environmental-politics [5] https://www.sej.org/category/region/national [6] https://www.sej.org/taxonomy/term/81