Wednesday, March 21, 2012

LIU STATEMENT ON CITYTIME SETTLEMENT

Here is another press release from Comptroller Liu's office. It relates to the HALF-BILLION dollar settlement with SAIC and the City Time scandal. Kudos to Liu!!!

Gregory

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NEW YORK, NY – City Comptroller John C. Liu issued the following statement on the half-billion dollar settlement with Science Applications International Corporation (SAIC):


“This historic settlement brings a measure of restitution to our taxpayers. CityTime epitomizes enormous waste enabled by a combination of woeful mismanagement and corrupt outside consultants. Unfortunately, CityTime seems not to be an isolated incident. Our office continues to vigorously audit previous contracts and scrutinize new contracts to identify and prevent this type of runaway spending.”

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