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Bharara announces bribery conviction of former Senate Majority Leader Malcolm Smith. 'NY has become the show me the money state.' He vows to continue prosecutions and send lawbreakers to federal prison.
Text of press release.

Statement Of Manhattan U.S. Attorney Preet Bharara On The Convictions Of Malcolm Smith And Vincent Tabone
FOR IMMEDIATE RELEASE Thursday, February 5, 2015

“As the jury unanimously found, the give-and-take of the political process should not be the giving and taking of bribes, which is what Malcolm Smith and Vincent Tabone tried to make it. Smith gave, and Tabone took, a $25,000 cash bribe to permit Smith to run for New York City Mayor as a Republican. Smith and Tabone were not alone in this scheme – Smith also bribed Daniel Halloran, another Republican Party official. And sadly, this was just one of many pockets of corruption this Office has uncovered in New York, which has become the ‘show me the money’ state. It should not be asking too much to expect public officials at least to obey the law. This Office will continue the vigorous prosecution of political corruption until every public official understands that violating the public trust will likely land you in prison.”