Monday, June 20, 2011

NYC Comptroller John C. Liu Statement on CITYTIME...

In response to questions about today’s additional criminal charges relating to CityTime, New York City Comptroller John C. Liu issued the following statement:

“Today’s announcement unfortunately sheds more light on just how flawed the management of the CityTime project was,” said Comptroller John C. Liu. “According to the indictment ‘virtually the entirety of the more than $600 million that was paid to SAIC was tainted directly or indirectly, by fraud.’ New Yorker’s can hope that this will eventually lead to restitution for the hundreds of millions of dollars paid on an out-of-control project, years overdue and, ten-fold over budget.”

Comptroller John C. Liu’s Record on CityTime

Jan. 1, 2010
Comptroller John C. Liu takes office, and makes the elimination of fraud, waste and abuse his top priority.
Feb. 9, 2010
Rejected additional contract related to CityTime.
Feb. 25, 2010
Initiates audit of CityTime Project Oversight.
Mar. 3, 2010
Liu calls on Mayor to freeze all payments associated with CityTime; appoints new representative from the Comptroller’s Office to OPA.
Sept. 28, 2010
Liu and mayor Bloomberg announce agreement to finish installation of CityTime at no additional cost.