Former Tokyo 2020 CEO arrested for bribery, fraud

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The Japanese prosecution team investigating alleged sponsorship and bid rigging in the past Tokyo 2020 Olympic Games the event’s former executive director was arrested Wednesday for his alleged role in the case.

Yasuo Morideputy executive director of Tokyo 2020, who was arrested on suspicion of rigging the award of 26 bids to organize the championship test event, worth more than 500 million dollars (about 3.5 million euros), as reported by the Japanese public broadcaster that NHK.

According to research sources, Mori would have coordinated with senior officials and people linked to Dentsu’s advertising agency to draw up a list of preferred companies where the bids will be assigned and that they will emerge as winners.

Authorities have now registered the address of Mori and agency executives at that time, as well as the event organization company Cerespo, which received commissions, detailed NHK.

Mori initially denied the accusations, but later acknowledged his involvement after Dentsu employees testified about their collusion, according to leaks of the case to the local Kyodo news agency.

In addition to Mori, the prosecution A former Dentsu executive was also arrested today in connection with the case.

The test events of the Olympic Games. Tokyo 2020 was held between 2018 and 2021, before the postponed international competition, and was intended to give organizers and sports federations the opportunity to test the operation of the events.

According to Kyodo, the prosecution is also considering mounting a formal case against Dentsu, Japan’s largest advertising agency, on suspicion of violating the antitrust law.

Today’s arrests are the latest chapter in a series of scandals involving the Tokyo 2020 organizing committee and various companies, uncovered in an investigation into alleged bribery of Haruyuki Takahashi, a former chief of the committee, for the appointment of event sponsors.

Large companies such as the Aoki suit store chain or the Kadokawa publishing house are involved in the plot.

Source: La Verdad

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