Times: Hevesi Expected To Plead Guilty To 2nd Felony Corruption Charge (Updatedx2)
The Times is reporting former state Comptroller Alan Hevesi, who resigned in late 2006 after pleading guilty to a felony charge of misusing state resources in the so-called Chauffeurgate scandal, is poised to plead guilty to yet another felony corruption charge – this time in connection with AG Andrew Cuomo’s pay-to-play pension fund probe.
“Barring an 11th-hour change of heart, Mr. Hevesi will become the highest-ranking state official convicted in the case and most likely to serve time in prison,” the Times story states.
“…The pension investigation, conducted by Attorney General Andrew M. Cuomo’s office, is one of the longest running in Albany and came to symbolize the ethically troubled culture of the capital. It focused on allegations that Mr. Hevesi’s friends, family and associates sold access to the state’s $125 billion pension fund, one of the world’s largest, to reward allies, pay back political favors and reap millions of dollars for themselves.”
“The deal comes as Mr. Cuomo, the Democratic nominee for governor, is seeking to burnish his credentials as a reformer who can clean up state government, and his office has been anxious to secure a plea from Mr. Hevesi.”
According to this report, Hevesi may have been motivated to plead to protect his sons – former Sen. Dan Hevesi and Assemblyman Andy Hevesi.
UPDATE1: The Post quotes a law enforcement source thusly: “There’s no deal. It’s close. Either there is a deal or it’s not done. And it’s not done.” In other words: There might be an announcement imminent, and, then again, there might not.
UPDATE2: Hmmm. Wonder who that source was…Here’s an official statement from the AG’s office: “There is no agreement between the Attorney General’s Office and Alan Hevesi; the Office has an ongoing investigation.”
As you’ll recall, Andrew Hevesi’s name surfaced last April in Cuomo’s investigation in connection with former Liberal Party boss Ray Harding, whom the AG said had received payoffs from the pension fund in return for political favors granted to the Hevesi family.
According to Cuomo’s complaint, Harding was “inserted” by two ex-aides to Hevesi – David Loglisci and Hank Morris (also caught in Cuomo’s pension fund probe net; Loglisci has pleaded guilty, Morris has not) – as a “sham placement agent” on three pension fund transactions, which netted him over $800,000.
In return, the complain alleges, Harding “repeatedly delivered the Liberal Party endorsement to Hevesi in his campaigns” for Assembly, mayor and state comptroller.
Two weeks later, Cuomo also accused a Dallas financier of both paying kickbacks to Morris and helping Daniel Hevesi land $250,000 worth of fees from the New Mexico pension fund. (Verb added. Thanks).
|Print article||This entry was posted by Liz Benjamin on September 28, 2010 at 8:03 pm, and is filed under Alan Hevesi, Andrew Cuomo. Follow any responses to this post through RSS 2.0. Both comments and pings are currently closed.|