New York City paying $500,000 a month to indicted developer who could testify against Mayor Eric Adams
The Adams administration has continued to pay the hotel company of Weihong Hu, a developer accused of funneling illegal campaign donations to the mayor
The administration of New York City mayor Eric Adams is continuing to pay over $500,000 a month to a hotel developer who could potentially provide valuable testimony to prosecutors against the mayor and several of his top allies.
The developer, Weihong Hu, was indicted last month for allegedly bribing a New York City non-profit CEO. The indictment charges that she gave the nonprofit executive stacks of cash and helped him purchase a $1.3m townhouse in exchange for more than $20m in city-funded contracts for her two Queens hotels and a catering company. Hu has pleaded not guilty to all charges.
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