Latest Hard Metal Pricng

Thursday, March 19, 2015

Former Employees: Reid-Backed Firm Lied to Get Stimulus Cash

Dem leader’s office says he is proud of support for company accused of ripping off Treasury

Sen. Harry Reid / AP
Sen. Harry Reid / AP
BY:    

The Senate’s top Democrat is proud of securing taxpayer backing for a green energy company accused by former employees of fraudulently obtaining federal grant money, his office said this week.

Two former employees of Ormat Technologies filed a lawsuit in 2013 claiming the company lied to the Treasury Department in order to secure more than $130 million in federal grants. The lawsuit was unsealed last year, but has garnered little attention since then.

In a series of emails, a spokeswoman for Senate Minority Leader Harry Reid (D., Nev.) defended his work on behalf of the Israeli company, which operates geothermal energy plants in Nevada and is fighting the allegations in federal court.

The allegations are “unsubstantiated,” Kristen Orthman, a spokeswoman for Reid, said in an email. Asked whether the senator regrets going to bat for the company, she replied, “LOL. Of course not.”
Reid has advanced Ormat’s interests in Washington, and the company has supported him financially. Its chairman, Yoram Bronicki, donated the maximum permitted amount to Reid’s 2010 reelection campaign.

TO READ MORE: http://freebeacon.com/issues/former-employees-reid-backed-firm-lied-to-get-stimulus-cash/

No comments: