WASHINGTON — Federal officials Wednesday were asked to investigate whether an Overland Park, Kansas, trucking company broke federal law when securing a $700 million loan through a federal pandemic aid program — a sum that accounted for 95% of the money allocated to the program.
South Carolina Rep. James Clyburn — who heads a U.S. House of Representatives Committee tasked with investigating waste, fraud and abuse in federal pandemic relief programs — sent a letter to the Treasury Department’s inspector general asking it to investigate whether Yellow Corp., formerly known as YRC, made false claims and statements about its company when requesting the loan from the government, in potential violation of the Federal False Claims Act.
The company called the claims “unsubstantiated” and “demonstrably false.”
