The investigation is focused on determining whether there has been any favoritism or illegal interest in the awarding of contracts by Paris 2024.
Paris 2024 organizers have been the subject of two investigations – one initiated in 2017 and another this year. While little information has been disclosed publicly about these investigations, authorities have hinted that they may involve possible misappropriation of public funds. Both probes are believed to be ongoing. Additionally, the offices of Solideo, the public entity responsible for constructing Olympic venues in and around Paris, were also raided by the police.
Paris 2024 CEO Etienne Thobois, during a meeting with a small group of reporters, stated, “We are probably the most scrutinized entity in France and maybe even the world right now. This is normal and part of the Games. There is an ongoing inquiry and investigations. We are fully cooperating with the authorities. We have implemented very strict procedures and have complete trust in our team. We are confident that the outcome will be favorable. We view this as a challenge that needs to be effectively managed.”
