UK Markets closed
  • FTSE 100

    6,630.52
    -20.36 (-0.31%)
     
  • FTSE 250

    20,961.31
    -334.89 (-1.57%)
     
  • AIM

    1,163.26
    -10.13 (-0.86%)
     
  • GBP/EUR

    1.1607
    +0.0010 (+0.09%)
     
  • GBP/USD

    1.3834
    -0.0060 (-0.4344%)
     
  • BTC-GBP

    36,521.77
    +1,523.69 (+4.35%)
     
  • CMC Crypto 200

    982.93
    +39.75 (+4.21%)
     
  • S&P 500

    3,841.94
    +73.47 (+1.95%)
     
  • DOW

    31,496.30
    +572.20 (+1.85%)
     
  • CRUDE OIL

    66.28
    +2.45 (+3.84%)
     
  • GOLD FUTURES

    1,698.20
    -2.50 (-0.15%)
     
  • NIKKEI 225

    28,864.32
    -65.78 (-0.23%)
     
  • HANG SENG

    29,098.29
    -138.51 (-0.47%)
     
  • DAX

    13,920.69
    -135.61 (-0.96%)
     
  • CAC 40

    5,782.65
    -48.00 (-0.82%)
     

Japanese institute paid $1.3 million by Tokyo Olympic bid committee shuts operations - website

Ami Miyazaki
·2-min read
FILE PHOTO: Man looks at his mobile phone next to The Olympic rings in front of the Japan Olympics Museum in Tokyo

By Ami Miyazaki

TOKYO (Reuters) - A Japanese non-profit sports institute paid $1.3 million by the Tokyo Olympic bid committee during a campaign to secure the 2020 Games shut down all its activities at the end of December, according to a notice on its website.

The Jigoro Kano Memorial International Sport Institute, established in 2009 and run by former Japanese prime minister Yoshiro Mori, did not provide a reason for ceasing activities on its website.

Reuters was not immediately able to reach a representative of the non-profit by telephone or email.

Mori did not respond to a Reuters request for comment when contacted by email through the Tokyo organising committee.

The Tokyo metropolitan government, which has a seat on the institute's board, said it had not been notified of the non-profit's closure nor any changes in the group's activities.

The Tokyo bid committee paid the institute $1.3 million between 2012 and 2014, when Tokyo was lobbying to win the 2020 Games, Reuters reported last year.

A staff member at the institute told Reuters last year the money was used to hire a U.S.-based consulting firm and two individual consultants to support the Tokyo 2020 bid.

Mori, a powerful figure in Japanese sports who now heads the Tokyo Olympics organising committee, said in November he was not directly involved in the non-profit's finances and said he did not know about the money the institute received from the bid.

"It's true that I am the president of that organisation, but I wasn't directly involved in the handling of the finances," Mori said during a news conference last year.

French investigators have examined banking records and transactions by the Tokyo bid committee as part of an ongoing investigation into whether $2.3 million paid to a Singapore consultant was a bribe to win support from a key member of the International Olympic Committee for Japan.

(Reporting by Ami Miyazaki and Mari Saito; Editing by Michael Perry)