Summary
Your article, "U.S. tax dollars may aid Russian" (Page 1, Sunday), did a disservice to a company trying to build a new American industry and to those public officials who support it.
Its premise is that there should be official concerns about a fully compliant NASDAQ-listed company, Ener1, applying for federal funding to expand production capacity for batteries to power hybrid and electric vehicles. The reason you give is that Boris Zingarevich - an entrepreneur who happens to hail from Russia and already is in a 50-50 joint venture with an iconic American company, International Paper - sits among Ener1's primary investors. Our company already has passed extensive due diligence reviews for federal government grants under which we have been working successfully for several years.See the full content of this document
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The article seemed to recycle unsubstantiated claims from Russian media postings on the In...
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