Inspector General Has Found No Misconduct in Stalled Kodak Loan Deal

An inspector general has found no misconduct in the U.S. government office involved in the stalled Kodak loan deal.

The U.S. International Development Finance Corporation planned this summer to loan Kodak $756 million dollars to produce pharmaceutical ingredients.

The Wall Street Journal says the inspector general's report found no evidence of any conflict of interest by DFC officials.

The report did not look at any possible misconduct by others.

The loan was set aside over suspicions of wrongdoing when Kodak's share prices rose before the formal announcement of the deal.


Sponsored Content

Sponsored Content