IOC Marketing Chair From Japan Investigated for Alleged Corruption 

In the latest blow to the International Olympic Committee's efforts to rid itself of scandal, marketing head Tsunekazu Takeda is being investigated for alleged corruption related to the 2020 Tokyo Olympics.    Takeda, who is also the president of the Japanese Olympic Committee, was placed under formal investigation for "active corruption'' on Dec. 10, France's financial crimes office said Friday.    French investigators are in the midst of a years-long and wide-ranging probe into sports corruption that is looking, among other things, at the bidding contests for the 2020 Olympics and other major sports events.    Takeda's career in Olympic circles has ticked almost every box, starting with representing Japan in equestrian competition at the 1972 Munich Games and 1976 Montreal Games.    As the head of the IOC's marketing commission since 2014, Takeda has overseen the signing of sponsorship deals worth hundreds of millions of dollars, including new partnerships with Alibaba, Intel and Allianz.    In a statement issued Friday by the Japanese Olympic Committee, Takeda denied any wrongdoing. The JOC said he was in Tokyo but gave no further details.    "The case is causing tremendous concern among the people who are supporting the Tokyo Games, but I will continue to cooperate in the investigation in order to clear any suspicion of me,'' Takeda said.    The IOC ethics commission was scheduled to meet later Friday in Lausanne, Switzerland. Takeda could be provisionally suspended from Olympic duty, or offer to step aside during the investigation.    "The IOC ethics commission has opened a file and will continue to monitor the situation,'' the IOC said in a statement. "Mr. Takeda continues to enjoy the full presumption of innocence.''    The preliminary charge of active corruption against Takeda announced by the National Financial Prosecutors office was first reported on Friday by French newspaper Le Monde. The... If you wish to read this full breaking news headline, plus more articles from around Thailand and Asia like, IOC Marketing Chair From Japan Investigated for Alleged Corruption , simply click on 'Read full story' below, but 1st please give us a 'LIKE' or 'SHARE' before you leave. Thank you IOC Marketing Chair From Japan Investigated for Alleged Corruption 





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Published By: VOA NEWS - Friday, 11 January, 2019



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