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News Link • Corruption

Contractor Strikes $500 Million Deal in City Payroll Scandal

• New York Times
A major government contractor agreed on Wednesday to pay a record $500 million to avoid federal prosecution for its role in the scandal-tarred CityTime project, an effort at modernizing New York’s payroll system. The project was plagued by widespread fraud and weak oversight and became a lingering embarrassment for Mayor Michael R. Bloomberg’s administration. 

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Comment by Powell Gammill
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SAIC to pay New York City $500 million in fraud case

 http://www.reuters.com/article/2012/03/14/us-manhattan-saic-idUSBRE82D14B20120314


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