(AP Photo/Charlie Riedel, File)

IOC marketing chair from Japan investigated for corruption

Tsunekazu Takeda was placed under formal investigation for “active corruption” on Dec. 10

In the latest blow to the International Olympic Committee’s efforts to rid itself of scandal, marketing head Tsunekazu Takeda is being investigated for suspected 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 announced on 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 at the 1972 Munich Games and 1976 Montreal Games.

As the head of the IOC’s marketing commission since 2014, Takeda has overseen signing sponsor deals worth hundreds of millions of dollars, including new partnerships with Alibaba, Intel and Allianz.

READ MORE: Vatican launches track team of Swiss Guards, nuns

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 co-operate in the investigation in order to clear any suspicion of me,” Takeda said.

The IOC ethics commission is 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 Japanese Olympic Committee said it has conducted its own internal investigation and found no illegality involved in all payments made by the Japanese bid committee at the time.

The organizers of the 2020 Olympics referred questions to the JOC.

In Takeda’s Olympic career, he has led a national Olympic committee, been a vice-president of an Olympic sport’s governing body, equestrian, a chef de mission for Olympic teams, a sports director for a Winter Olympics — Nagano in 1998 — a Summer Games bid leader, an IOC member since 2012, and now chair of one of the most financially significant IOC panels.

Takeda also works closely with Sheikh Ahmad of Kuwait, the influential IOC member who has stepped aside from the IOC while awaiting trial in Geneva this year in a fraud case unrelated to Olympic business. Takeda is a board member of the global group of Olympic committees, known as ANOC, and the Olympic Council of Asia, both led by the Kuwaiti sheikh.

(Canadian Press)

Like us on Facebook and follow us on Twitter.

Just Posted

Princeton beautification project stalled

The city says new statues and gateways won’t arrive by Canada’s Day

Severe thunderstorm watch issued for Okanagan and Connector

Storms expected to develop this morning and intensify early in the afternoon

Chilliwack man charged in crash that killed Kelowna pregnant woman

Frank Tessman charged for 2018 Highway 1 accident where Kelowna elementary school teacher died

B.C. premier says Greyhound replacement news could come shortly

Province is working with the private sector to find a solution, says premier

Confusion over land ownership of property along Okanagan River Channel

There appears to be some confusion about ownership of two of the properties Coyote Cruises uses

Suspicious Rutland car fire has one woman think it was targeted

A family who raised their voice against the McCurdy Road house has car torched, is it connected?

Olympic skier from B.C. suing Alpine Canada after coach’s sex offences

Bertrand Charest was convicted in 2017 on 37 charges

Action imperative on Missing and Murdered Indigenous Women and Girls

Chief commissioner into national inquiry encourages governments, private sector to act

B.C. senior’s car vandalized for more than 18 months

Retired RCMP officer determined to catch ‘tagger.’

VIDEO: Driver doing laps in busy Vancouver intersections nets charges

Toyota Camry spotted doing laps in intersection, driving towards pedestrians

COLUMN: Imagine the possibilities at the library

Programs at Summerland Library promote reading among children

Summerland golfers compete in league games

Regular club events continue through the summer

NHL stars return to Okanagan for charity slo-pitch game

The Gorges/Comeau Homebase Chairty Tournament returns June 28 in Kelowna

Former Canucks goalie Roberto Luongo to retire

‘Bobby Lou’ calls it a career after 19 NHL seasons

Most Read