Friday, August 26, 2016

Brazil police probe money laundering tied to Olympic ticket ring

Latest: Corruption and Money Laundering.

Brazil police probe money laundering tied to Olympic ticket ring.


Oct 29, 2015; Washington, USA; Patrick Hickey, ANOC senior vice president and president of the European Olympic Committees, poses on the blue carpet prior to the 2015 ANOC Awards at DAR Constitution Hall. Mandatory Credit: Geoff Burke-USA TODAY Sports

Brazilian police said on Tuesday that they had uncovered emails between International Olympic Committee (IOC) member Patrick Hickey and the head of the THG Sports hospitality company that discussed the illegal sale of Olympic tickets.
Police told a news conference in Rio de Janeiro that they were also investigating bank documents amid suspicion of money laundering tied to the illegal ticketing ring.
Three members of the Olympic Council of Ireland (OCI) whose pass...

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