10-08-2020 20:14 via uk.finance.yahoo.com

U.S. loan to Kodak will not proceed unless allegations cleared - White House

The U.S. government will not proceed with a $765 million (£586.5 million) loan to Eastman Kodak Coto make drugs at its U.S. factories unless the company is cleared of alleged wrongdoing in circumstances surrounding the announcement of the loan, the White House said on Monday.White House Press Secretary Kayleigh McEnany made the remarks to reporters after U.S. President Trump said last week the federal government would quickly investigate the issue.The U.S. International Development Finance
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