Federal agency finds no wrongdoing in Kodak loan
The inspector general for the U.S. International Development Finance Corp (DFC), which was administering the loan, told Democratic lawmakers he found no evidence that agency officials had any conflicts of interest in the plans, the report said.
It is unclear whether the agency will now move forward with the loan.
Shares of the once iconic photography company surged in September when an earlier review by law firm Akin Gump, also cleared company executives of wrongdoing.
finance.yahoo.com/ne...doing-220718656.html
The inspector general for the U.S. International Development Finance Corp (DFC), which was administering the loan, told Democratic lawmakers he found no evidence that agency officials had any conflicts of interest in the plans, the report said.
It is unclear whether the agency will now move forward with the loan.
Shares of the once iconic photography company surged in September when an earlier review by law firm Akin Gump, also cleared company executives of wrongdoing.
finance.yahoo.com/ne...doing-220718656.html