Carlos Nuzman, Rio 2016 Olympic chief, arrested in corruption investigation.

(The Guardian)- The president of Brazil's Olympic committee, who also oversaw last year’s Rio Olympics was arrested Thursday as it was alleged 16 gold bars worth $2m (£1.53m) that were stored in a bank in Switzerland were among his hidden assets.

The investigation into corruption within the International Olympic Committee (IOC) escalated as Carlos Nuzman, the head of the Brazilian Olympic Committee, was detained amid claims that he was a key figure in a bribery scandal which led to Rio de Janeiro being awarded South America’s first Olympics.

(NY Times) Rio beat out Madrid, Chicago and Tokyo with its 2016 bid, and became the first South American city to host an Olympics. The selection was hailed as recognition of the country’s growing global clout. Rio trailed behind Madrid in round one of voting, but went on to clinch the Games by a vote of 66 to 32 in the third round of balloting.

Nuzman was arrested on suspicion of corruption, money laundering and participating in a criminal operation after Brazilian prosecutors alleged his estate increased in value by 457% between 2006 and 2016. They claimed not to have been able to locate any evidence of increased income. Leonardo Gryner, former chief operating officer of Rio 2016, was also detained on the same charges. (TG)

Prosecutors at a news conference accused Nuzman of orchestrating bribes to members of the International Olympic Committee. Fabian Schneider, a federal prosecutor, said “He was the bridge that linked the criminal scheme together.”

Mr. Nuzman spoke with investigators for hours on Tuesday as news footage displayed the police at his home in Rio. Outside his residence, Mr. Nuzman’s lawyer, Sergio Mazzillo, told reporters that his client “didn’t participate in any irregularities; there isn’t strong evidence against him.” No charges have been filed against him. (NY Times)

(Photo Credit) RICARDO MORAES / REUTERS

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