Police raid Paris Olympics headquarters in suspected fraud investigation

The headquarters of the 2024 Olympic Games organising committee in Paris have been searched by police following a probe into suspected corruption.

An entrance to a building.

The Olympic headquarters for the 2024 Paris Games have been searched by police. Source: AAP, EPA / Christophe Petit

Key Points
  • The headquarters of the Paris 2024 Olympics organising committee have been raided by authorities.
  • Police conducted the searchas part of investigations into alleged embezzlement of public funds and favouritism.
  • The organising committee said it was cooperating with investigators.
The headquarters of the Paris 2024 Olympics organising committee and those of its infrastructure partner have been searched by police as part of investigations into alleged embezzlement of public funds and favouritism, prosecutors said.

The national financial prosecutor's office (PNF) said the Paris 2024 headquarters were raided on Tuesday amid a preliminary investigation launched in 2017 into contracts made by the Summer Games' organising committee.

The headquarters of SOLIDEO, the public body responsible for delivering Olympic and Paralympic infrastructure, were also being searched amid a preliminary investigation dating back to 2022, following an audit by the French Anti-Corruption Agency, the PNF added.
People standing outside a building with a sign that reads: "Paris 2024".
The Paris 2024 headquarters were raided on Tuesday amid a preliminary investigation launched in 2017 into contracts made by the Summer Games' organising committee. Source: AAP, AP / Thomas Padilla
"A search is currently under way at the headquarters of the Organising Committee," Paris 2024 said in a statement.

"Paris 2024 is cooperating fully with the investigators to facilitate their inquiries."

Paris 2024 did not give any further details and made no further comment after the prosecutors' statement.

The Paris 2024 Olympics, which organising committee president Tony Estanguet has vowed will be "beyond reproach", will be held from 26 July - 11 August with the Paralympic Games taking place from 28 August - 6 September.

The searches coincided with the start of a two-day International Olympic Committee Executive Board on Tuesday to discuss a number of issues, including progress of Paris 2024 Games preparations.

"We are aware that there has been a search by police of the Paris 2024 headquarters today," an IOC spokesperson said. "We have been informed by Paris 2024 that they are cooperating fully with the authorities in this matter."
The total budget of the Games has soared to 8.8 billion euros ($14.15 billion) from an initial assessment of 6.6 billion ($10.61 billion) in 2017.

The infrastructure alone is expected to cost 4 billion euros ($6.43 billion) from an original estimate of 3.2 billion ($5.14 billion). The cost is limited as most of the events will be held in existing facilities.

The main construction sites are the Olympic village and the swimming pool in Saint Denis, just north of Paris.

The cost of security, which according to France's supreme audit institution would reach at least 400 million euros ($643 million), has not been included in the overall budget.
A man wearing holding and speaking into a microphone.
Tony Estanguet, head of the Paris Olympics 2024 organising committee, has vowed the Games will be "beyond reproach". Source: AAP, EPA / Teresa Suarez
It is not the first time that Olympics organisers have been the subject of an investigation.

Japanese prosecutors earlier this year indicting six companies including advertising giant Dentsu Group and seven individuals over suspected rigging of bids worth US$320 million ($470 million) for the Tokyo 2020 Olympics and Paralympics.

The indictments followed months of investigations into alleged corruption in the planning and sponsorship of the Tokyo Games, held in 2021 after a COVID-19 postponement.

Dentsu has offered its "sincere apologies" and said it had set up a committee of outside experts to review the case.

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3 min read
Published 20 June 2023 7:54pm
Updated 20 June 2023 9:19pm
Source: Reuters, AAP



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