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The FBI is investigating Solyndra LLC for possible accounting fraud

Written By Source Code Mas Is on September 30, 2011 | 2:30 PM

The FBI investigation Solyndra LLC for possible accounting fraud and the accuracy of the financial representations made to the government, an official agency.
The FBI looks at possible false financial statements, according to the FBI official, who requested anonymity because the investigation is continuing.
Solyndra, which has a cylindrical shape, solar panels, filed for bankruptcy on Sept. 6 and fired about 1,100 workers on short notice, about two years after winning a guaranteed U.S. $ 535 million loan from the Department of energy.
The offices of the company in Fremont, California, were attacked by the Federal Bureau of Investigation agents on September 8. The Department of Justice did not say why Solyndra is probed.
"The company is not aware of any wrongdoing by officers of Solyndra, directors or employees" related to the Energy Department loan guarantees or other actions and "fully cooperate" with the United States Attorney in San Francisco , a statement of 20 September Solyndra. David Miller, a spokesman did not immediately return a call seeking comment and e-mail today.
The collapse of Solyndra has prompted the consideration of Congress the administration of President Barack Obama, who has granted final approval of the loan, which also won the support of officials of the administration of George W. Bush.


http://www.bloomberg.com
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