Tony Estanguet, president of the organizing committee, was targeted by an investigation into his remuneration.
The president of the organizing committee for the Olympic and Paralympic Games (COJOP) in Paris, Tony Estanguet, is the target of an investigation recently opened by the National Financial Prosecutor’s Office and related to his remuneration conditions.
The president of the organizing committee for the Olympic and Paralympic Games (COJOP) in Paris, Tony Estanguet, is the target of an investigation recently opened by the Office of the National Financial Prosecutor and an investigation into the conditions of his remuneration, AFP learned on Tuesday, a source close to the file.
The investigation was handed over to the Judicial Police of Paris “last week”This source said.
Contacted by the AFP, the PNF indicated it did not want to “Communicate at this stage on the existence of a possible preliminary investigation regarding the remuneration of Tony Estanguet”.
Tony Estanguet received a total annual remuneration of 270,000 euros until 2020, according to figures reported by Cojop in 2018. At that time this remuneration was likely to evolve to a limit of 20%, based on specific performance criteria, as suggested by Cojob at the time.
But since COJOP is a 1901 Act type of association, the remuneration of its directors is limited by law to a significantly lower level.
According to a recent article in Le Canard Chain, former athletes may have formed a company that invoices “Non-Business Services” At Kojop, which he directs. The control of which raises questions “Reality and Quality of Services” Conducted by the Estanguet Company, the newspaper continued October.
“The structure for the remuneration of the Chairman of the Organizing Committee is very strictly controlled”Cojop responded to AFP on Tuesday, expressing his “surprise” On announcement of initiation of investigation.
Remuneration of Tony Estanguet “Decided and approved by the First Board of Directors of the Planning Committee on March 2, 2018, which ruled sovereignly and independently in his absence”Refers to Cojop.
The amount of remuneration was fixed on the proposal of A “Wage Committee” Combination “Independent experts responsible for ensuring consistency of our remuneration policy”adds Cojop.
“The terms of its payment were approved by the General Economic and Financial Controller, after consultation with the URSSAF”Next Cojop clarifies.
“Amounts invoiced under this remuneration are subject to annual audit” by one “Internal Audit Unit Independent of Examination by Executive and Remuneration Committee of Organizing Committee”Authority says this makes it clear “The approach does not correspond to any legal obligation but responds to the desire for transparency”.
At the beginning of 2021, two reports (July 26-August 11) on the organization of the Olympic Games of the French Anti-Corruption Agency (AFA) were recorded. “Risk of Potential Breach” And no “Conflict of Interest”.
In one of these reports, AFA cited the case of Tony Estanguet’s company, “Atypical Assembly in the framework of the 1901 Law Association”.WHO “Not without its difficulties”Chained Duck recalls.
The organization of the Paris Olympic and Paralympic Games is already the subject of three other separate financial investigations, particularly for suspicion of favoritism during the awarding of contracts and misappropriation of public funds.
(TagsToTranslate)Tony Estanguet
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