Taxpayer dollars at stake, new analysis unveils how Mayor Adams, aides rake in nearly $3m

A new analysis has unveiled that indicted Mayor Eric Adams, along with 13 of his predominantly former top aides, has collectively pocketed nearly $3 million in annual taxpayer-funded salaries.

This staggering figure raises eyebrows as the city grapples with ongoing corruption investigations involving the mayor and his closest associates.

The breakdown of the salaries is particularly striking.

According to the report compiled by the government watchdog group Open The Books, Mayor Adams himself earns an annual salary of $258,750.

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Meanwhile, then-Schools Chancellor David Banks received a hefty $363,346, and Banks’ wife, then-First Deputy Mayor Sheena Wright, was compensated $275,000.

Adding to the list, Philip Banks, then-Deputy Mayor and brother to David, earned $251,982.

As these figures come to light, the public is left questioning the ethics of a leadership team embroiled in controversy while enjoying substantial financial benefits funded by taxpayers.

The implications of this analysis not only highlight the financial burden on the city but also stress the urgent need for accountability and transparency in the administration.

The saga of Mayor Eric Adams and his aides serves as a critical reminder of the intersection of politics, finance, and ethics in public service, leaving citizens eager for answers and reforms.

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