Worldwide Olympic Committee advertising chair Tsunekazu Takeda is being investigated for suspected corruption related to the 2020 Tokyo Olympics, France’s monetary crimes office stated Friday.
The Nationwide Monetary Prosecutors office stated Takeda, who can also be the president of the Japanese Olympic Committee, was placed beneath formal investigation for “lively corruption” on Dec. 10.
French investigators are in the midst of a years-lengthy and large-ranging probe into sports activities corruption that is wanting, among different issues, on the bidding contests for the 2020 Olympics and different major sports activities events.
Takeda’s profession in Olympic circles has ticked virtually each box, starting with representing Japan in equestrian at the 1972 Munich Video games and 1976 Montreal Games.
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As the top of the IOC’s advertising fee since 2014, Takeda has overseen signing sponsor offers value tons of of hundreds of thousands of dollars, including new partnerships with Alibaba, Intel and Allianz.
In a press release issued Friday by the Japanese Olympic Committee, Takeda denied any wrongdoing. The JOC stated he was in Tokyo however gave no further details.
“The case is causing large concern among the people who find themselves supporting the Tokyo Games, but I’ll…