NY Mayor Seeks $600M From CityTime Contractor SAIC

Law360, New York (June 29, 2011, 6:57 PM EDT) -- New York Mayor Michael Bloomberg on Wednesday demanded a $600 million refund from the technology contractor in charge of the city's payroll system CityTime, which is currently caught up in a criminal bribery and fraud investigation.

In a letter to SAIC Inc. CEO Walter Havenstein, Bloomberg said that criminal charges against two high-level SAIC employees involved in the project had raised troubling questions about the company's corporate responsibility and its efforts to minimize fraud.

"Because the project was apparently tainted by fraud and kickback schemes, the...
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