BREAKING NEWS

Now Reading:

Corruption probe halts state funding for Rio Olympic construction


Sport

Corruption probe halts state funding for Rio Olympic construction

A court in Brazil has blocked funding for the construction of an Olympic venue on suspicion of corruption.

State lender Caixa Economica Federal confirmed it suspended payments to a consortium building the Olympic Deodoro complex, where 11 sports including rugby sevens and BMX Biking will be held, after receiving a court order.

Prosecutors in Rio claim to have found evidence of fraud in earthmoving services at the complex.

The Deodoro consortium is made up of builders Queiroz Galvão and OAS.

The two companies are already deeply ensnared in a far-reaching investigation into corruption at state-run oil company Petrobras.

Deodoro is Rio’s second-largest Olympic cluster with nine venues the shooting and equestrian venues are still under construction.

Every story can be told in many ways: see the perspectives from Euronews journalists in our other language teams.

Next Article

Sport

Garde gone with Villa in chaos as relegation looms