Mississippi officials say they're renegotiating an incentive agreement with GreenTech Automotive after the electric car maker failed to hire enough workers. Tunica County officials have also failed to grant agreed-on property tax breaks.
Jeff Rent, a spokesman for the Mississippi Development Authority, says GreenTech hasn't hired the 350 employees it pledged. Mississippi loaned GreenTech $3 million, and the first payment of more than $150,000 is due June 30. MDA also loaned Tunica County $1.9 million to buy the site.
GreenTech has raised money from Chinese people who can obtain U.S. residency by investing $500,000.
A 2015 report found that a top Homeland Security official broke ethics rules when he aided GreenTech's visas. Among company insiders then were Terry McAuliffe, now Democratic governor of Virginia, and Hugh Rodham, Hillary Clinton's brother.
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