Financial investigators probing suspected contracts descend again on HQ of Paris Olympic organizers

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Financial investigators probing suspected contracts descend again on HQ of Paris Olympic organizers
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Organizers of next year’s Paris Olympics say their headquarters have again been visited by French financial prosecutors who are investigating suspicions of favoritism, conflicts of interest and misuse of funds in the awarding of contracts

Organizers of next year's Paris Olympics said their headquarters have again been visited by French financial prosecutors who are investigating suspicions of favoritism, conflicts of interest and misuse of funds in the awarding of contracts. The Paris organizing committee said Thursday in a short statement that the national financial prosecution service visited its north Paris offices on Wednesday “and obtained all the information it requested.

In an Associated Press interview, Paris organizing committee president Tony Estanguet previously vigorously defended colleagues whose homes also have been searched. Estanguet insisted that the two financial probes of Paris Games contract awards bear no comparison with corruption and ethics scandals that have for decades dogged the Olympic movement and its biggest event, including the Tokyo Olympics in 2021 and the bribery-plagued 2016 Rio de Janeiro Games.

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