FBI Raids 'Connected' Energy Firm Solyndra

 

Share

0

'The FBI Is Here This Morning'

"The FBI is here this morning executing a search warrant," Solyndra spokesman David Miller told iWatch News Thursday. Asked what records the agency was seeking, Miller said: "I can't talk about that. I don't know."

He said the search took the company by surprise. "We'll cooperate with them and given them whatever they are looking for, but certainly it was a surprise," Miller said. "I came to work this morning and they were here and I've been sorting it out."

About the inspector general's involvement, Miller said, "I don't know if that's true. I've only dealt with the FBI agents who were here on site."

Energy officials continued to maintain their decisions about the company were all above board.

KGO-TV/ABC News

An FBI agent is shown executing search... View Full Size

KGO-TV/ABC News

An FBI agent is shown executing search warrants at California solar firm Solyndra, Sept. 8, 2011.

Obama-Backed 'Green' Company Goes Bankrupt Watch Video

Will Company's Bankruptcy Hurt Obama Jobs Record? Watch Video

Solar Energy Company to File for Bankruptcy Watch Video

"The Department of Energy conducted exhaustive reviews of Solyndra's technology and business model prior to approving their loan guarantee application," said LaVera,. "Sophisticated, professional private investors, who put more than $1 billion of their own money behind Solyndra, came to the same conclusion as the Department: that Solyndra was an extremely promising company with innovative technology and a very good investment."

Republicans in Congress launched their own investigation into the loan program earlier this year, and ABC News confirmed this week that the senate also has questions about the Solyndra loan.

"How did this company, without maybe the best economic plan, all of a sudden get to the head of the line?" said Rep. Fred Upton, R.-Michigan, chairman of the House Energy and Commerce Committee, in an ABC News interview last week. "We want to know who made this decision ... and we're not going to stop until we get those answers."

Return to The Blotter homepage.