The brother of two high-ranking members of Mayor Eric Adams’ inner circle claimed he worked with a company that said it had no record of having done business with him and another that said he promised access that never came.
SVAM International is an IT technology firm that was listed as a client on Banks’ consultancy website. A representative with the company told Gothamist that it hired Terence Banks hoping he could help broker meetings with Adams administration, but that Banks was ineffective and no contracts were ever obtained through him. The representative declined to be quoted because of the pending investigation.
“We dug, we really, really dug, we've pretty much exhausted everything, but we have no knowledge of any relationship with him,” said Jennifer Grigas-Richman, a spokesperson for LexisNexis, which owns Vitalchek.that a firm that hired Banks secured $1.4 million in contracts with the Department of Education after meeting with his brother David Banks, the schools chancellor.