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Brazil's Petrobras Corruption Investigators To Probe Olympics Contracts

Published in SportsBusiness Daily Global on 11 / 25 / 15

A lead investigator has said that Brazilian police investigating corruption around state-run oil firm Petrobras also "plan to probe" more than $10B of construction contracts for the 2016 Olympic Games in Rio de Janeiro, according to Caroline Stauffer of REUTERS. Federal Police Chief and key fig...

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Tags: Olympics, Brazil

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Rio Confident A Year Before Games

Brazil's economy "is heading for recession, the president is threatened with impeachment and a huge corruption scandal has engulfed the nation but Rio is riding a wave of confidence in its preparations to host the Olympics next year," according to Fonseca & Downie of REUTERS. The Games start ...

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Omega To Fund Charitable Projects In Rio

Swiss watchmaker and Olympics TOP sponsor Omega will eschew its traditional ceremonial countdown clock in favor of 12 charitable projects in Rio de Janeiro neighborhoods between now and the start of the 2016 Games. Omega, the official Olympics timekeeper, announced Monday it will fund a refurb ...

Tags: Olympics, Brazil

World Rugby Crossing Fingers For Rio Venue

World Rugby officials "are crossing their fingers that the venue selected to stage their matches at next year's Rio Olympics will be ready in time even though construction on the stadium has not started with just a year to go," according to Julian Linden of REUTERS. Rugby, returning to the Olympics ...

Tags: Facilities, Brazil

AP: Rio Water A Threat At 2016 Olympics

The waters where Olympians will compete in swimming and boating events next summer in South America's first games "are rife with human sewage and present a serious health risk for athletes, as well as for visitors," according to the AP. An AP investigation "found dangerously high levels of viruses a ...

Tags: Olympics, Brazil

Rio Olympic Village 85% Finished

Construction consortium Ilha Pura said that the construction of the Rio 2016 Olympic and Paralympic village is 85% "complete and due to be concluded by end of the year," according to XINHUA. The village "is being constructed next to Barra Olympic Park, which is located in the southwest of Rio and wi ...

Tags: Olympics, Brazil

Santos Promises To Settle Late Payments

Brasileiro side Santos is "once again is late on salary payments to players and employees," as two months have passed since the club has paid salaries and image rights to players, according to Gonçalo Junior of ESTADÃO. The club is nearing three months without compensating employees, ...

Tags: Franchises, Brazil

Romário To Head CBF Investigation

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Brazilian Senate Approves MP Outline

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Rio Marathon Sees Female Increase

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Tags: Events and Attractions, Brazil

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