By Henry J. Reske and Ashley Martella
The ongoing congressional investigation into a failed California solar panel maker that garnered more than a half-billion dollars in federal loans from the Obama administration could lead to criminal indictments, Rep. Joe Barton, R-Texas, tells Newsmax.TV.
Barton, a member of the House Energy and Commerce Committee, also expressed incredulity over the fact that a federal bankruptcy judge would approve $400,000 in bonuses for executives at Solyndra, which declared bankruptcy in 2011.
“I cannot believe that the bankruptcy judge allowed that — given that they fleeced the American taxpayers for over a half a billion dollars,” Barton said in an exclusive interview with Newsmax.TV. “I don’t see any reason to be giving the executives that remain with Solyndra any kind of a bonus at all. It’s possible that after the investigation there could be criminal indictments brought so why in the world you’d give a bonus is beyond me.”
The ongoing congressional investigation into a failed California solar panel maker that garnered more than a half-billion dollars in federal loans from the Obama administration could lead to criminal indictments, Rep. Joe Barton, R-Texas, tells Newsmax.TV.
Barton, a member of the House Energy and Commerce Committee, also expressed incredulity over the fact that a federal bankruptcy judge would approve $400,000 in bonuses for executives at Solyndra, which declared bankruptcy in 2011.
“I cannot believe that the bankruptcy judge allowed that — given that they fleeced the American taxpayers for over a half a billion dollars,” Barton said in an exclusive interview with Newsmax.TV. “I don’t see any reason to be giving the executives that remain with Solyndra any kind of a bonus at all. It’s possible that after the investigation there could be criminal indictments brought so why in the world you’d give a bonus is beyond me.”
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