FBI Is Probing Record Fee Olympus Paid to M&A Advisors: Source

By Reuters News — 4 years ago

(Reuters) – The FBI is investigating the massive advisory fee involved in Olympus Corp.’s takeover of a British company, a person familiar with the probe said, in a deepening scandal that has wiped out more than half the company’s value. The British CEO who says he was fired for questioning the $687 million payment to […]

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30 FBI Agents Search Solyndra Offices, Lawmakers Probe Solar Company’s $535M Loan Guarantee

By Reuters News — 4 years ago

(Reuters) – FBI agents searched the offices of Solyndra on Thursday, the U.S. solar startup that received millions of dollars in federal loan guarantees before filing for bankruptcy this week.

The search comes amid intensifying pressure on the Obama administration, which championed Solyndra as being at the forefront of solar technology when President Barack Obama visited the company’s Fremont, Calif., facility in 2010.

The FBI said it was searching for materials, including documents, but did not offer more specifics.

“We are executing search warrants at Solyndra regarding …

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