Go Back   SZONE.US Forums > Current Events > News > The Heritage Foundation

The Heritage Foundation Since its founding in 1973, The Heritage Foundation has served as a research and educational institute -- a think tank -- whose mission is to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense

The Heritage Foundation

DOE Ignores Criminal Investigations When Considering Contract Applicants

Thread Tools Search this Thread Rate Thread
Unread 07.27.12, 07:42 PM
@Heritage @Heritage is offline
Join Date: 06.09
Posts: 37,373
DOE Ignores Criminal Investigations When Considering Contract Applicants

On 07.27.12 12:07 PM posted by Lachlan Markay

It is Department of Energy policy to ignore the federal government’s own criminal investigations into companies applying for taxpayer funding. The admission came from a DOE official who testified at a congressional hearing Thursday.

The hearing focused on federal support for Ecotality, a company that manufactures electric vehicle charging stations. DOE awarded Ecotality $99.8 million in 2009 to install 15,000 such stations across the country.

Shortly after that award, the Securities and Exchange Commission began investigating Ecotality for insider trading. It subpoenaed the chief executive of the company’s North American subsidiary, requesting communications with 18 individuals associated with the company.

Despite the ongoing investigation, DOE awarded Ecotality a $26 million contract in October 2011 for electric vehicle testing.

At Thursday’s hearing, Deputy Assistant Secretary for Energy Efficiency Kathleen Hogan said it would be “improper” for DOE to consider subpoenas served as part of federal criminal investigations into companies applying for federal money in deciding whether to award taxpayer dollars to those companies.
Rep. Brad Miller (D-N.C.): Do you think a company should be disqualified from applying for a contract for the government, a grant from the government, because they have received a subpoena?

Hogan: We believe it is actually improper for the Department of Energy to take the presence of an SEC subpoena into account at the point of running a competitive award process.

Scribe has reported extensively on Ecotality’s government support as well as its extensive political connections to secure such funding.

Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Rate This Thread
Rate This Thread:

All times are GMT -8. The time now is 12:47 PM.

Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Copyright ©2007 - 20017 SZONE.US All rights reserved