Menu
Olympics

Rio Mayor Eduardo Paes Says 2016 Olympics Will Not Be Affected By Corruption Scandal

Rio de Janeiro Mayor Eduardo Paes said that the 2016 Rio Games "will not be affected by a corruption scandal implicating some of Brazil’s biggest construction companies and the country’s state-controlled oil producer," according to Tariq Panja of BLOOMBERG. Paes said there were "no concerns" over construction contracts related to the $20B event "even though some of the companies involved are the same ones being investigated for alleged bribery involving contracts." Paes: "There are no suspicions concerning the contracts of the Olympics." He added that the agreements are all audited "in a good way." Among the companies "caught up in a bribery investigation that has roiled the country's political and economic elite is Odebrecht SA." The company got "some of the biggest contracts" related to this year's World Cup and is helping build the Olympic Village and Olympic Park developments, among other Games-related projects. Odebrecht said in a statement, "The Olympics works are on schedule" (BLOOMBERG, 11/24).

SBJ Morning Buzzcast: March 18, 2024

Sports Business Awards nominees unveiled; NWSL's historic opening weekend and takeaways from CFP deal

ESPN’s Jay Bilas, BTN’s Meghan McKeown, and a deep dive into AppleTV+’s The Dynasty

On this week’s Sports Media Podcast from the New York Post and Sports Business Journal, ESPN’s Jay Bilas talks all things NCAA. Big Ten Network’s Meghan McKeown shares her insight into the Caitlin Clark craze. The Boston Globe’s Chad Finn chats all things Bean Town. And SBJ’s Xavier Hunter drops in to share his findings on how the NWSL is making a social media push.

Learn more about your ad choices. Visit megaphone.fm/adchoices

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2014/11/25/Olympics/Rio-Olympics.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2014/11/25/Olympics/Rio-Olympics.aspx

CLOSE