In this May 26, 2010 file photo, President Barack Obama, with Solyndra Chief Executive Officer Chris Gronet, looks at a solar panel, during a tour of Solyndra, Inc., a solar panel manufacturing facility, in Fremont, Calif. Solyndra received a $535 million loan from the U.S. government has announced layoffs of 1,100 workers and plans to file for bankruptcy. (WaPo)
The FBI raided Solyndra this morning. The Top Obama bundler George Kaiser, a principle investor in Solyndra, made multiple visits to the White House in the months before the company was granted a $535 million loan from the government.
NBC Bay Area reported:
FBI agents armed with search warrants descended this morning on bankrupt solar company Solynrda this morning.
The investigation comes after a request by the Department of Energy’s inspector general, FBI spokesman Peter Lee told NBC Bay Area News.
Agents arrived at 7a.m. and are examining the factory. Solynrda has a skeleton crew of 100 workers on the scene, closing the factory down. A CNBC photographer on the scene says the FBI has promised a press conference. An agency spokesperson at its San Francisco headquarters says he’s unaware of any such plans.
Solyndra filed for bankruptcy last week, shocking both workers and the Obama administration, which had given the startup hundreds of millions of dollars in low interest loans. Congress has demanded a hearing into the matter.
There are no reports of any arrests at this time.
Solyndra officials made numerous visits — 20 — to the White House, according to logs and reporting by The Daily Caller. Solyndra officials in the logs included chairman and founder Christian Gronet and board members Thomas Baruch and David Prend, according to the Caller.
Solyndra filed for bankruptcy last week, shocking both workers and the Obama administration, which had given the startup hundreds of millions of dollars in low-interest loans. Congress has demanded a hearing looking into that loan.
They went to the wrong address.
They should have raided the White House.