***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.
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