SBD Global/December 21, 2012/OlympicsPrint All
A law adopted by the Russian State Duma states that ticket scalpers of the 2014 Winter Olympics "could be fined" up to 1M rubles ($33,000), according to XINHUA. Ticket prices for all sports events to be held in the city of Sochi "have been set by the Russian government" in coordination with the IOC and Int'l Paralympic Committee. Ticket touts will pay from 10 to 20 times a ticket's face value but no less than 50,000 rubles ($1,600). Companies caught reselling the tickets will be fined up to 1M rubles and "their business activities could be terminated for up to 90 days." The law will go into effect on Jan. 15 (XINHUA, 12/20).
IN RETROSPECT...: In London, Jacquelin Magnay reported London Olympics organizers "have been forced to admit publishing incorrect figures after releasing a breakdown of official Olympic ticket sales." Following two years of "intense pressure from the London Assembly to detail the session by session break-up of Olympic ticket sales to the public," LOCOG released a 950-page report on Tuesday. It was "uploaded on to its website without any press release or prior warning" (TELEGRAPH, 12/19). In London, Magnay also wrote sports considered to be supported "by the well-heeled, such as equestrian eventing, modern pentathlon and sailing, were the biggest losers under the London 2012 Olympic Games ticket pricing" (TELEGRAPH, 12/20).
The IOC "has asked its recognised Indian members to contemplate taking legal action against officials of the country's suspended Olympic association for misrepresenting the office," according to Sudipto Ganguly of REUTERS. The IOC "refused to recognise the results of Indian Olympic Association elections held on Dec. 5 due to government interference, which led to a tainted official being named as its new secretary general." Lalit Bhanot, who spent 11 months in custody last year following corruption charges and is on bail pending further investigations, was given the senior IOA post despite the IOC deeming the elections "null and void" (REUTERS, 12/20). IANS reported "the development in the IOA-IOC stand-off comes in the wake of revelations" that newly elected IOA Secretary General Bhanot "was officially communicating with the national sports federations." IOC Dir General Christophe De Kepper wrote in a letter to Randhir Singh, "The IOC is extremely concerned by the ongoing situation of the suspended Indian Olympic Association and the misappropriation of responsibilities and properties by a number of illegitimate individuals claiming to represent the suspended Indian Olympic Association whereas the IOC has already made it clear that the so-called ‘elections’ were null and void and are not recognised by the IOC." It was reported that Bhanot "had begun correspondence with the sports federations on the preparations for major sporting events in the near future" (IANS, 12/20).