Jan. 23, 2015

Sheldon Silver, New York Assembly Speaker, Is Accused of Taking Millions in Graft

Story by the NY TIMES

The powerful speaker of the New York State Assembly, Sheldon Silver, was arrested on federal corruption charges on Thursday and accused of using the power of his office to solicit millions in bribes and kickbacks, according to court documents.
The arrest of Mr. Silver, a Democrat from the Lower East Side of Manhattan who has served as speaker for more than two decades, sent shock waves through the political establishment and upended the new legislative session.
Mr. Silver surrendered to Federal Bureau of Investigation agents early Thursday morning in Lower Manhattan, law enforcement officials said.
Mr. Silver, before entering 26 Federal Plaza, said, “I hope I’ll be vindicated.”
In a five-count criminal complaint outlining the charges, Mr. Silver is accused of “using the power and influence of his official position to obtain for himself millions of dollars of bribes and kickbacks masked as legitimate income.”