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Report: Energy Stimulus Grant $ Spent On Playing Games, Watching Videos

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South Korean President Lee Myung-Bak (2nd L) looks at an electric car during a dedication ceremony for LG Chem's car battery plant at the town of Ochang in Cheongwon county, about 100 kms south of Seoul, on April 6, 2011. South Korea's LG Chem completed the world's largest battery plant for electric cars, vowing to become a top car battery producer by 2015.  (DONG-A ILBO/AFP/Getty Images)

South Korean President Lee Myung-Bak (2nd L) looks at an electric car during a dedication ceremony for LG Chem’s car battery plant at the town of Ochang in Cheongwon county, about 100 kms south of Seoul, on April 6, 2011. South Korea’s LG Chem completed the world’s largest battery plant for electric cars, vowing to become a top car battery producer by 2015. (DONG-A ILBO/AFP/Getty Images)

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HOLLAND (WWJ/AP) – A U.S. Energy report accuses a Michigan-based battery maker of wasting federal funds and failing to move production to the state from South Korea.

The report released Wednesday says Holland-based LG Chem Michigan has spent $142 million in American Recovery and Reinvestment Act funds, but has not followed through on their promises.

The reports also states that LG Chem employees played games, watched videos and volunteered at various organizations then billed their time to a U.S. Department of Energy stimulus grant.

The company, which is a battery supplier for the Chevy Volt, isn’t commenting on the allegations.

(TM and © Copyright 2013 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2013 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

 

 

 

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