A tech company hired a top NYC official's brother. A private meeting and $1.4M in contracts followed

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U.S. News,Technology,Eric Adams

A consulting firm run by the brother of two top New York City officials is facing federal scrutiny over his work on behalf of companies that were seeking city contracts.

$5,000 reward offered to find wanted Houston man accused of sexual contact with childTexans football returns: What you need to know about parking at NRG StadiumLaundry day is so much easier with this viral cleanerA police officer stands guard outside One Police Plaza NYPD Headquarters on Friday, Sept. 13, 2024, in New York. – Ahead of the 2022 school year, the education technology company 21stCentEd was seeking to expand its presence in New York City's public schools.

Federal investigators are also scrutinizing whether Terence Banks’ consulting firm, the Pearl Alliance, broke the law by leveraging his family connections to help private companies secure city contracts, according to a person familiar with the matter. The person spoke to The Associated Press on condition of anonymity because they were not authorized to disclose information about the investigations.

Speaking at a news conference Friday, David Banks said FBI agents had not returned his phone, and he declined to answer questions about his relationship to his brother’s consulting firm. “We are cooperating with a federal investigation,” he said. A spokesperson for the Department of Education, Nathaniel Styer, said all spending linked to 21stCentEd had come from individual schools and districts, which can make purchases of less than $25,000 without the agency’s approval.

21stCentEd was one of several companies with city contracts that hired Terence Banks' consulting firm, according to a website for the Pearl Alliance that was taken down after news of the It wasn't clear whether the federal inquiry into the consulting firm run by Terence Banks was part of the investigation into the police commissioner's brother.

 

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