Report: Gov. Christie facing new investigation involving Pulaski Skyway

JERSEY CITY (WABC) -- New Jersey Governor Chris Christie is reportedly facing a second bridge investigation. This time, the Pulaski Skyway is the focus.

According to the New York Times, the Securities and Exchange Comission and the Manhattan District Attorney are looking into whether Christie's administration pressed the Port Authority to pay $1.1 billion for Skyway repairs and other road projects.

Officials also want to know if money from the cancelled Hudson rail tunnel was used.

If so, securities laws may have been violated.

The Times report says Port Authority lawyers warned against diverting funds because the Pulaski Skyway is owned and operated by the state, and thus, outside the agency's purview.

Gov Christie's office says that the state attorney general approved the money being reallocated from the Port Authority to the Pulaski skyway project, and the Port Authority's top New York state appointee also approved of arrangement.

In a statement, the Port Authority said "The Pulaski Skyway agreement was analyzed and negotiated by lawyers on all sides. Separately, the law firm of Orrick, Herrington and Sutcliffe has served as standing underwriters' counsel on Port Authority bond issues for more than 25 years, reviews all Port Authority bond disclosures and other matters, and has provided appropriate opinions to the underwriters on those bonds."