FBI raids Solyndra office
Agents from the Federal Bureau of Investigation raided the offices of the now-bankrupt Solyndra on Thursday morning, according to the San Jose Mercury News.
The alternative-energy company announced its intent to file bankruptcy on August 31, after securing a loan guarantee from the federal government of $535 million to manufacture solar panels.
According to news reports, the FBI served a search warrant on behalf of the Department of Energy (DOE). The DOE, however, was responsible for the loan guarantee program that issued the taxpayer-funded loan to begin with.
Since the company shut its doors, new revelations have surfaced surrounding the original loan. Among them, are the facts that Solyndra officials donated heavily to Obama’s 2008 presidential campaign and have made numerous visits to the White House since 2009.
The FBI refused to comment on what the search warrant was for, and what was seized.