Paris 2024 Olympics president Estanguet faces legal investigation over pay

Paris 2024 president Tony Estanguet is facing a legal investigation over his pay, the organisers of this year’s Olympics told on Tuesday.

Published : Feb 06, 2024 14:28 IST , PARIS - 1 MIN READ

Paris 2024 Olympics Organizing Committee president Tony Estanguet. (File Photo)
Paris 2024 Olympics Organizing Committee president Tony Estanguet. (File Photo) | Photo Credit: Aurelien Morissard
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Paris 2024 Olympics Organizing Committee president Tony Estanguet. (File Photo) | Photo Credit: Aurelien Morissard

Paris 2024 president Tony Estanguet is facing a legal investigation over his pay, the organisers of this year’s Olympics told Reuters on Tuesday.

The Paris 2024 committee told Reuters they were “surprised” by the probe but that they were willing to respond to any questions from investigators.

“The remuneration of the President of the Organising Committee is very strictly regulated,” the Paris 2024 committee said.

The financial prosecutor’s office declined to comment.

The preliminary probe into Estanguet’s pay is one of several surrounding the Games.

In October, authorities raided the Paris 2024 headquarters as part of a probe into alleged favouritism which also targeted event management firms.

The Paris Olympics organizing committee has expressed surprise that the salary of its president is reportedly being investigated by the French National Financial Prosecutor’s Office.

“We wish to remind people that the organising committee president’s remuneration is subject to a strict framework,” Games organizers said on Tuesday in a statement as reported by Associated Press.

The organizers added Estanguet’s income was decided independently, in line with the advice of a committee “made up of independent experts whose role is to ensure the appropriateness of our remuneration policy.”

“All invoices connected to this remuneration are subject to an annual audit by the organizing committee’s independent internal audit unit as well as an inspection by the remuneration committee,” Games organizers said. “These measures are not legally imposed but correspond to an approach of voluntary transparency. In keeping with the approach we have always taken towards all oversight bodies, Paris 2024 is ready to answer questions regarding its management.”

(With inputs from AP)

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