FBI, EPA, and Treasury told Citiobank to freeze the funds like Trump administration tries to claw back money

Citibank revealed in the court phils whose FBI, the EPA, the EPA department be available that the nonfligi parpets and the state of the government.

Accounts were frozen in February, but the New documents Making the public details that had previously been unknown, including a full listing of nonprough in the FBI discovery.

Funds were landed as part of $ 27 billion ruption of $ 27 billion, which was created by the act of inflation reduction, a law passed by Congress in 2022. I am Of that, the Epa has received $ 14 billion for a national investment fundthat provides grants to green banks.

Green banks use those funds to provide funding for polishing tidy technology around the country. Startups that have technologies who are ready to scale commerally have been eligible to receive funding to make a reality.

The funding is mainly to be used for loans, which have been paid back and recycled for the leaving the future. VERY banks tend to have delincution rates on commercial and residential portfolies held by other business borrowers.

Citibank has been chosen as the financial agent to administer that money, holding into accounts under the names of the results. You are also administered a separate mileage, $ 6 billion accelerator accelerator community. The EPA contract with Citibank was publicly advertised in the 2024 of April.

The FBI asked that the Citibank Place 30-Day Adminstrive 30 days to the accounts held by the nonprastifies that have been recipients of the green bank funding. The bank also called another without globertain-union, including the hummence, and newly enemy department, and of New Department of energy and New York department.

Three not deep that the green bank funds have citibank dedicates, asking the bank to release the money in their accounts.

Zeldin EPA fundmarator said the trash of govite govite

In a wednesday wednesday, a judge in the US District for Columbia District has applied for a Department of Justice that represents EPA.

“You can benefit any evidence that (the concession) or evidence, or evidence of abuse or fraud; someone was wrong, other than Mr. Zeldin doesn’t like?” Judge Tanya Chutkan she said. I am

Judge Chutkan also ordered the Department of Justice to provide the court with the details on the alleged fraud “, because I don’t have credible evidence.”

Update on 3/31/25: Details adjusted by Wednesday Audience.