How do these payments link to the Tokyo 2020 bid process?

Question

Accepted Answer

Payments to Lamine Diack's Son Linked to Tokyo 2020 Bid Process

A consulting firm associated with Tokyo's bid for the 2020 Olympic Games made payments totalling approximately US$370,000 to Papa Massata Diack, the son of former International Olympic Committee (IOC) member Lamine Diack. These transactions occurred around the period when Japan secured the hosting rights for the 2020 Games and are part of a broader investigation into alleged corruption. The report, which draws on financial documents and investigative journalism, suggests these payments may be connected to a larger sum of US$2 million disbursed by the bid committee.
Consulting Firm's Payments to Papa Massata Diack

The payments in question were channelled through Black Tidings, a Singaporean consulting firm, which made multiple transfers to Papa Massata Diack. These transfers, amounting to roughly US$370,000, were reportedly made into both personal accounts and to a company associated with Diack's son. These findings are based on an examination of financial records and collaborative reporting by organisations including the International Consortium of Investigative Journalists and Kyodo News.
French Investigation into Influence Peddling

French prosecutors are investigating whether Black Tidings paid Papa Massata Diack with the intention of influencing his father, Lamine Diack. Lamine Diack held a significant position within the IOC and was considered influential among African member nations, whose votes could have played a role in the host city selection. The investigation aims to determine if these payments were part of a scheme to secure favourable outcomes for Tokyo's bid.
Tokyo Bid Committee's Involvement and Denial

Tsunekazu Takeda, who led Tokyo's bid committee and has since resigned from his position as honorary head, admitted to authorising payments totalling around US$2 million to Black Tidings. However, Takeda has denied any wrongdoing and stated that he was unaware of any subsequent money transfers from Black Tidings to individuals like Papa Massata Diack at the time of the payments. His resignation followed the emergence of these allegations.

Reading history

Hide →

This history is cleared when the page is closed.

How do these payments link to the Tokyo 2020 bid process?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

1

0

0

Share with friends