Solyndra stonewalls government in investigation

An FBI source tells Bloomberg news Solyndra is under investigation for accounting fraud. It's Fremont headquarters were raided Sept. 8, two days after the company filed for bankruptcy protection.

Solyndra received a $528 million government loan guarantee and is also under investigation by Congress.

A Solyndra spokesman issued a statement today saying the company is not aware of any wrongdoing by any of Solyndra's officers, directors, or employees.

By the way, the energy department today approved another three point five billion dollars in solar energy loan guarantees like the one Solyndra got. That program runs out at midnight Oct. 1.

Copyright © 2019 KGO-TV. All Rights Reserved.