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The Puerto Rico Electric Power Authority said in a statement that they are cooperating with federal authorities.

\"PREPA will ask to meet with FEMA officials to determine the next steps forward, after accusations against that agency have come to light that they were in charge of the process of recovering the electrical system after Hurricane Maria,\" the utility company said.

\"PHOTO:
Carlos Giusti/AP, File
PHOTO: In this Oct. 5, 2017 file photo, Department of Homeland Security personnel deliver supplies to Santa Ana community residents in the aftermath of Hurricane Maria in Guayama, Puerto Rico.
>

Jose Ortiz Vazquez, PREPA's executive director, said that the power authority canceled their contract with Cobra starting in March 2019 after “possible irregularities\" about the recovery process became apparent. Cobra was due to be paid $1.9 billion but, had only been paid $1.1 billion as of March 31.

A FEMA spokesperson told ABC News on Tuesday that the agency is \"fully cooperating\" with the investigation, but declined to comment on specific personnel matters.

\"FEMA's mission is to help the American people before, during, and after disasters and our mission can only be accomplished by maintaining the public trust and confidence of those we serve,\" the spokesperson said. \"As such, the Agency takes allegations of employee misconduct extremely seriously and holds all employees to the highest ethical standards -- requiring them to protect government resources and place public service over private gain in everything they do.\"

Puerto Rico Gov. Wanda Vazquez called the allegations \"reprehensible and outrageous.\"

\"Knowing that federal government officials defrauded Puerto Rico, in this case FEMA, and the private company COBRA, in charge of helping our Island's restoration of the electrical system, is of great sadness,\" Vazquez said in a statement. \"These people, according to the accusation, misused and took advantage of the need and pain that Puerto Rico faced after the passage of Hurricane Maria. We reproach corruption, wherever it comes from, and it is why we work every day to strengthen the measures to identify possible behaviors of this kind, that seek to take advantage of the need and pain of a people.\"

ABC News has reached out to attorneys for all three defendants, but did not immediately receive a response.

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