Tags: silver | new york | assembly | speaker

Feds Investigating Powerful NY Dem Sheldon Silver

By    |   Monday, 29 Dec 2014 11:22 PM

Federal authorities are investigating New York state's powerful Assembly Speaker, Sheldon Silver, over payments he received from a New York City law firm, The New York Times reports.

According to the Times, FBI agents and prosecutors with U.S. Attorney Preet Bharara's office found the law firm, Goldberg & Iryami, paid the Democratic politician money he allegedly did not officially disclose.

The small law firm looks for real estate tax reductions for commercial and residential properties in New York City, The Times notes.

Part-time work by legislators has often come under scrutiny of federal investigators because corrupt lawmakers have used payments for apparent part-time work to mask political payoffs, the Times reports. Such work has also been a concern of watchdog groups because of the potential for conflicts of interest, The Times notes.

According to the Times, the probe into the Goldberg firm’s payments to Silver grew out of the work of the anticorruption panel created by Gov. Andrew Cuomo last year
that was shut down in March.

Silver, who represents part of Manhattan, has been a towering figure in Albany for two decades, surviving other investigations and scandals.

As speaker, Silver makes $121,000. On his most recent financial disclosure form, for 2013, he reported earning more than $650,000 from his outside legal work, The Times reports.

State ethics laws do not require him to provide any details about what he does or whether he has clients, or who they are, The Times reports.

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Federal authorities are investigating New York state's powerful Assembly Speaker, Sheldon Silver, over payments he received from a New York City law firm, The New York Times reports.
silver, new york, assembly, speaker
245
2014-22-29
Monday, 29 Dec 2014 11:22 PM
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