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NY Governor's Ex-Aide, University Head Charged With Bribery
Source: Associated Press
NY Governor's Ex-Aide, University Head Charged With Bribery
By LARRY NEUMEISTER, ASSOCIATED PRESS NEW YORK — Sep 22, 2016, 10:29 AM ET
A federal prosecutor on Thursday accused two people close to Democratic Gov. Andrew Cuomo of bribery and fraud relating to state economic development initiatives in a significant blow to Cuomo's administration that threatens to tarnish his efforts to revitalize the upstate economy.
Joseph Percoco, Cuomo's former executive deputy secretary, and Alain Kaloyeros, president of SUNY Polytechnic Institute, are among eight who face charges, according to a criminal complaint by U.S. Attorney Preet Bharara. As the leader of SUNY Polytechnic, Kaloyeros was instrumental to Cuomo's efforts to bring high-tech jobs to upstate New York.
A Cuomo spokesman declined to respond publicly when contacted by The Associated Press. Percoco's lawyer and Kaloyeros weren't initially available for comment.
According to the federal complaint, Percoco took more than $315,000 in bribes from 2012 through 2016 to Syracuse-based COR Development and Competitive Power Ventures, an energy company looking to build a power plant in the Hudson Valley. Todd Howe, a consultant for the two companies and former Cuomo associate, set up bank accounts and a shell company to funnel bribes, including payments to Percoco's wife, the complaint said.
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By LARRY NEUMEISTER, ASSOCIATED PRESS NEW YORK — Sep 22, 2016, 10:29 AM ET
A federal prosecutor on Thursday accused two people close to Democratic Gov. Andrew Cuomo of bribery and fraud relating to state economic development initiatives in a significant blow to Cuomo's administration that threatens to tarnish his efforts to revitalize the upstate economy.
Joseph Percoco, Cuomo's former executive deputy secretary, and Alain Kaloyeros, president of SUNY Polytechnic Institute, are among eight who face charges, according to a criminal complaint by U.S. Attorney Preet Bharara. As the leader of SUNY Polytechnic, Kaloyeros was instrumental to Cuomo's efforts to bring high-tech jobs to upstate New York.
A Cuomo spokesman declined to respond publicly when contacted by The Associated Press. Percoco's lawyer and Kaloyeros weren't initially available for comment.
According to the federal complaint, Percoco took more than $315,000 in bribes from 2012 through 2016 to Syracuse-based COR Development and Competitive Power Ventures, an energy company looking to build a power plant in the Hudson Valley. Todd Howe, a consultant for the two companies and former Cuomo associate, set up bank accounts and a shell company to funnel bribes, including payments to Percoco's wife, the complaint said.
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Read more: http://abcnews.go.com/US/wireStory/ny-governors-aide-charged-bribery-fraud-42276729