The accounts were frozen in February, but documents filed today make public details which had previously been unknown.

In a court filing, the bank said it was informed that the EPA’s Greenhouse Gas Reduction Fund was under an active criminal investigation.

"Here we are, weeks in, and you're still unable to proffer me any information with regard to any kind of investigation or malfeasance," .

The recipients of EPA’s largest climate law program will ask a federal judge Wednesday to order Citibank to grant them access ...

Conversely, the Citi Savings account is best used as a place to park your cash. As with all Citibank accounts, deposits are FDIC insured up to $250,000 per depositor and for each account you hold ...

Climate United was awarded money under the Greenhouse Gas Reduction Fund last year but said its bank account has been frozen for weeks.

The judge also found that the nonprofits will “suffer imminent, irreparable harm” if they don’t gain access to their funding. © 2024 TechCrunch. All rights reserved. For personal use only.

EPA met that deadline by depositing the money into accounts at Citibank in order to allow eight nonprofit recipients to gain access to it, as outlined in their contracts with the government.

On Wednesday, a ranking member of the Senate Environment and Public Works Committee accused the Environmental Protection ...

Lawsuits are piling up against the bank as it faces pressure from the Trump administration to freeze climate funding. A third nonprofit that was awarded money through EPA’s green banking program ...