New York Police Department Commissioner Edward Caban is reportedly expected to resign in the coming days after federal law enforcement agents searched him last week as part of an alleged corruption investigation.
Politico reported that four people familiar with the matter say that he is expected to resign over the criminal probe that is being conducted by the Southern District of New York, which focuses on government corruption cases and the IRS.
The FBI executed search warrants at the home of Deputy Mayor for Public Safety Philip Banks and a home shared by First Deputy Mayor Sheena Wright and Schools Chancellor David Banks. Investigators seized phones belonging to Caban and Timothy Pearson, a senior adviser to the mayor. A consultant, Terence Banks, brother of Philip Banks and David Banks, was also searched.
The New York Times reported at the start of the week that NYC Democrat Mayor Eric Adams, who is under a federal criminal corruption investigation over matters related to the Turkish government, was seeking Caban’s resignation as there are now “several federal investigations” into his administration.
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The Feds raided the home of Adam’s director of Asian Affairs, Winnie Greco, earlier this year as part of a criminal probe run by the Eastern District of New York, the Times said. His former buildings commissioner, Eric Ulrich, faces bribery charges and several donors to Adams’ campaign have been charged in a straw-donor scheme.
The investigation, at least in part, centers around a nightclub security business that is owned by Caban’s twin brother, James Caban. The probe is reportedly focusing on other police officials as well.
“I have the utmost confidence in the New York City Police Department,” Adams said this week when asked about Caban. “I don’t think anything in life is guaranteed. I would say this, when I chose Eddie, I chose him for his experience and what he brought after 30-something years of service.”
