Solyndra Execs Will Plead the Fifth

by Andrew Stiles

Reuters reports that two Solyndra executives scheduled to testify before Congress on Friday will decline to answer questions in accordance with the Fifth Amendment, :

Sept 20 (Reuters) – Solyndra LLC’s chief executive and chief financial officer will invoke their Fifth Amendment rights and decline to answer any questions put to them at a Congressional hearing on Friday, according to letters from their attorneys obtained by Reuters.

In the letters sent to the House Energy and Commerce Committee’s Subcommittee on Oversight and Investigations, attorneys for Solyndra CEO Brian Harrison and CFO W. G. Stover said they advised their clients not to provide testimony during the hearings…

Solyndra’s offices were raided by the FBI two days after the company filed for bankruptcy, although the FBI did not say what prompted the raid.

Solyndra CEO Brian Harrison and CFO W.G. Stover, Jr., had previously said they would not plead the Fifth if they were given additional time to prepare, which they were.

Top Solyndra officials made no fewer than 20 trips to the White House around the time that the Obama administration awarded the now bankrupt solar-panel company a $535 million loan guarantee.

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