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Sheldon Silver arrested on corruption charges

Jan 22, 2015 7:41 am
[caption id="" align="alignleft" width="220"] New York State Assembly Speaker Sheldon Silver
(Courtesy Wikipedia)[/caption]

[Updated 10 a.m.]
Sheldon Silver has been arrested on federal corruption charges. He surrendered to Federal Bureau of Investigation agents early Thursday morning in Lower Manhattan, according to a report from The New York Times. Before entering 26 Federal Plaza, Silver said, “I hope I’ll be vindicated.” Preet Bharara, the United States attorney for the Southern District, who led the investigation, is expected to provide more details about the charges at a 1 p.m. news conference.

The New York Times is reporting federal authorities are expected to arrest Sheldon Silver, the speaker of the New York State Assembly, on corruption charges, Thu., Jan. 22. The investigation that led to the expected charges against Silver began after Gov. Andrew M. Cuomo in March abruptly shut down the anti-corruption Moreland Commission he created in 2013. Silver is a Democrat from the Lower East Side of Manhattan. He has served as speaker for more than two decades. According to one source, the charges to be brought against Silver stemmed from payments he received from a small law firm that specializes in seeking reductions of New York City real estate taxes. The total amount of the payments was unclear, but another source said the payments were substantial and were made over several years. Silver failed to list the payments from the firm on his annual financial disclosure filings with the state, as required. During the governor's State of the State address Wednesday, Silver occupied a prominent seat on the stage next to Cuomo. It was unclear when and where Silver would be taken into custody. Read the full story by William K. Rashbaum, Thomas Kaplan and Susanne Craig in The New York Times.
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