Top leaders of Solyndra solar panel company repeatedly misled federal officials, investigation finds
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Solyndra officials told the government in 2009, for example, that they had firm contracts to sell $2.2 billion worth of their unique cylindrical solar panels over the next five years. But behind the scenes, investigators found, Solyndra was struggling with customers who were balking at the high panel prices, arranging secret side deals to pay discounted prices and refusing to buy as many panels as they once promised.
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These new details come now, at the end of a four-year-long probe by the FBI and the Department of Energy’s Inspector General. Together the two offices looked at whether Solyndra officials committed a crime by making false statements to the government, primarily the Department of Energy that awarded the loan.
Earlier this year, the Department of Justice decided not to pursue criminal charges against the former Solyndra officials involved.
“The Department of Justice reviewed the evidence and elected to not pursue charges based on the Federal Principles of Prosecution, which include whether the person’s conduct constitutes a Federal offense and whether the admissible evidence will be sufficient to obtain and sustain a conviction,” Justice spokesman Peter Carr said.
http://www.washingtonpost.com/blogs/federal-eye/wp/2015/08/26/top-leaders-of-solyndra-solar-panel-company-repeatedly-misled-federal-officials-investigation-finds/
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