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Judge denies government bid for Solyndra trustee
FBI sought contract information
http://www.washingtontimes.com/n…WILMINGTON, Del. — Customer contracts figure prominently in the FBI’s criminal investigation of solar panel maker Solyndra LLC, which went bankrupt despite receipt of more than a half-billion dollars in federal loans, according to testimony on Monday.
A top company official testified in U.S. Bankruptcy Court in Delaware that the FBI’s search warrant affidavit specifically sought information about company contracts.
The official, Ben Schwartz, a vice president and lawyer at Solyndra, was testifying because the U.S. Office of the Trustee said he had refused to answer questions about contracts. His refusal, government lawyers argued, proved that a trustee should be appointed to take over the company.
But U.S. Bankruptcy Court Judge Mary F. Walrath refused, saying there was no indication of any fraud or mismanagement at the company.