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.

FILE - The entrance of the headquarters of the Paris 2024 Olympics Games is pictured Sunday, Aug. 13, 2023 in Saint-Denis, outside Paris. 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 Olympic contracts. FILE - The headquarters of the Paris 2024 Olympics Games is pictured Sunday, Aug.

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.”IOC suspends Russian Olympic Committee for incorporating Ukrainian sports regions Financial investigators have been zeroing in on 20 or so of the many hundreds of business contracts that Olympic organizers have signed as they race to prepare the French capital for 10,500 athletes and millions of spectators.Estanguet insisted that the two financial probes of Paris Games contract awards bear no comparison with corruption and ethics scandals that have for decades“It’s about favoritism, of illegal interest-taking,” the prosecutor, Jean-Francois Bohnert, told RTL radio.

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