Wednesday, March 03, 2010

Jay-Z & Russell Simmons Subpoenaed Over Racetrack/Casino Bids

According to published reports, subpoenas were issued yesterday (March 2) by the state's Inspector General's Office, which is working with the US Attorney's office as part of a federal investigation into the Aqueduct Racetrack.

Jay-Z, Russell Simmons and The Reverend Floyd Flake are expected to be among the first twelve served in the month long investigation which accuses Gov. Paterson of awarding the contract to AEG in order to gain political support from the company's investors.

Jay-Z and Rev. Flake, who's relationship with Gov. Paterson has come under fire over the past few weeks, are expected to explain how the multi-billion dollar deal actually transpired; although many are claiming Jay-Z and Flake's group Aqueduct Entertainment Group (AEG) were awarded a contract to operate 4,000 video slot machines to the Aqueduct racino based on their relationship with Gov. Paterson.

Read more here

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