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Corruption probe halts state funding for Rio Olympic construction

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By Euronews
Corruption probe halts state funding for Rio Olympic construction

<p>A court in Brazil has blocked funding for the construction of an Olympic venue on suspicion of corruption.</p> <blockquote class="twitter-tweet"tw-align-center data-lang="en"><p lang="en" dir="ltr">Tomorrow the Hockey test event for <a href="https://twitter.com/Rio2016"><code>Rio2016</a> will take place in the Deodoro Park <a href="https://t.co/uJL4HxfjiJ">https://t.co/uJL4HxfjiJ</a> <a href="https://twitter.com/FIH_Hockey"></code>FIH_Hockey</a> <a href="https://t.co/f4VIzNR2C6">pic.twitter.com/f4VIzNR2C6</a></p>— Olympics (@Olympics) <a href="https://twitter.com/Olympics/status/668847533934772224">November 23, 2015</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <p>State lender Caixa Economica Federal confirmed it suspended payments to a consortium building the Olympic Deodoro complex, where 11 sports including rugby sevens and <span class="caps">BMX</span> Biking will be held, after receiving a court order. </p> <blockquote class="twitter-tweet"tw-align-center data-lang="en"><p lang="en" dir="ltr">Rio <a href="https://twitter.com/hashtag/Olympic?src=hash">#Olympic</a> velodrome delays force cancellation of test event amid corruption scandal. Story on <a href="https://twitter.com/euronews"><code>euronews</a>: <a href="https://t.co/dx7qlNajXh">https://t.co/dx7qlNajXh</a></p>&mdash; Hugo Lowell (</code>hugolowell) <a href="https://twitter.com/hugolowell/status/713423200558952449">March 25, 2016</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <p>Prosecutors in Rio claim to have found evidence of fraud in earthmoving services at the complex.</p> <blockquote class="twitter-tweet"tw-align-center data-lang="en"><p lang="pt" dir="ltr">Caixa Econômica eleva juros de financiamento da casa própria<a href="https://t.co/nLKdohVb9d">https://t.co/nLKdohVb9d</a> <a href="https://t.co/ZY0On7t9iI">pic.twitter.com/ZY0On7t9iI</a></p>— Jornal Extra (@jornalextra) <a href="https://twitter.com/jornalextra/status/714547630806671360">March 28, 2016</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <p>The Deodoro consortium is made up of builders Queiroz Galvão and <span class="caps">OAS</span>.</p> <blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Deodoro Stadium & Youth Arena, built in Deodoro Olympic Park f/ <a href="https://twitter.com/Rio2016_en"><code>Rio2016_en</a> Olympic Games, were delivered Wed (2). <a href="https://t.co/QSAkR8hbmP">pic.twitter.com/QSAkR8hbmP</a></p>&mdash; Brazil Gov News (</code>BrazilGovNews) <a href="https://twitter.com/BrazilGovNews/status/705522370950393857">March 3, 2016</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <p>The two companies are already deeply ensnared in a far-reaching investigation into corruption at state-run oil company Petrobras.</p> <p>Deodoro is Rio’s second-largest Olympic cluster with nine venues the shooting and equestrian venues are still under construction.</p>