Pickering says Greentech never met jobs, investment totals
Published 9:39 pm Monday, July 17, 2017
JACKSON (AP) — Electric vehicle firm Greentech Automotive claims it raised $140 million for its Mississippi project, but the state auditor Stacey Pickering says the company can’t prove it invested even $60 million.
Pickering, a Republican, says Greentech never created more than 143 of its promised 350 jobs.
That’s why he says the company must repay the $4.9 million it was loaned by Mississippi, plus $1.5 million in interest.