November 16, 2012

Discovery will be interesting

From The Heritage Network:
Lawsuit Alleges �Corruption and Negligence� at Department of Energy
A lawsuit filed in federal court on Wednesday alleges mass favoritism in the Department of Energy�s decisions to award federal grants to major car companies to develop electric vehicles, according to a legal complaint obtained by Scribe.

The plaintiff, San Francisco-based XP Technology, says in a complaint filed in the U.S. Court of Federal Claims that �corruption and negligence� pervaded DOE�s decision to award loan guarantees to Ford, Nissan, Tesla Motors, and Fisker Automotive for the development of electric vehicle technology.

�Investigations have shown that DOE officials intentionally stalled numerous applicants� reviews in order to force them out of business and protect favored players,� the complaint claims. It adds:
XP has received information demonstrating that the unprecedented number of failures in the DOE program relative to what DOE officials have claimed to be �the most expensive and extensive due diligence in history� is explained by manipulated reviews, in the due diligence effort, on behalf of what the United States Government Accountability Office (GAO) investigations found to be �favoritism� in published investigation reports. A senate ethics investigation states, in published reports, that �negligence and mismanagement by DOE officials� was a regular occurrence.
Like I said, the discovery process will be very interesting -- time to make a big bowl of popcorn... Posted by DaveH at November 16, 2012 6:05 PM
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