From the NY Times:
A former consulting company executive was charged on Friday with receiving at least $5 million in illegal kickbacks in connection with his work as a project manager on the CityTime automated payroll project, people briefed on the matter said.
The consultant, Gerard Denault, a former executive of Science Applications International Corporation, was also charged with wire fraud conspiracy and money laundering in an indictment unsealed in United States District Court in Manhattan.
Mr. Denault was arrested in Danbury, Conn., on Thursday, and he is expected to be presented in federal court in Manhattan on Friday.
He was charged as a result of an ongoing investigation by the city’s Department of Investigation and the United States attorney’s office in Manhattan.
From the NY Post:
It might be the most-scandal plagued project of his administration, but Mayor Bloomberg today pronounced the $722 million CityTime timekeeping project a great success.
"We actually did a pretty good job here, in retrospect," the mayor said on his weekly WOR radio show.
Bloomberg argued that mega-software projects are fraught with technical peril and noted that some never get done.
"The FAA hasn't been able to get their new traffic control system and the IRS -- at the federal level some of these programs go on for decades, cost billions and billions of dollars and never come up with anything," he said.