Independent office probes Cuomo Tappan Zee loan

Scott Waldman

ALBANY—State investigators are looking into the controversial Tappan Zee Bridge loan and whether a board controlled by Governor Andrew Cuomo violated state laws when it approved the money.

The state Authorities Budget Office, an independent body, is examining allegations the Environmental Facilities Corporation board, largely made up of Cuomo appointees, rushed through a $256 million loan that raided the state's clean water funds to pay for a new bridge. A.B.O. director David Kidera said he expects to meet with E.F.C. officials soon and will then decide whether to begin a full-scale investigation.

Kidera could not say how long such an investigation might take, if his office decides to launch one.

“They take as long as they need to take,” he said.

http://www.capitalnewyork.com/article/albany/2014/08/8550046/independent-office-probes-cuomo-tappan-zee-loan