Source: FBI opens inquiry into Whitefish's Puerto Rico contract - News Summed Up

Source: FBI opens inquiry into Whitefish's Puerto Rico contract


Washington (CNN) The FBI has opened a preliminary inquiry into the $300 million Whitefish Energy Holdings contract secured by the Puerto Rico Electric Power Authority, according to a source with knowledge of the inquiry. The energy firm was contracted to rebuild the damaged electrical grid that was destroyed by hurricanes that struck the island. If the FBI's preliminary inquiry develops into a full investigation of the contract, it would join several other reviews of the contract already underway. The Federal Emergency Management Agency has also raised concerns over whether the amount of the contract awarded was reasonable. An investment firm that owns a major stake in the company is run by a donor to Trump's presidential campaign.


Source: CNN October 30, 2017 22:23 UTC



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