Scandal threatens FINA on eve of world champs
BUDAPEST, Hungary: Swimming’s governing body FINA has been drawn into a financial scandal days before both their presidential elections and the start of the swimming world championship.
Kuwait’s Husain Al Musallam, who is standing unopposed as FINA’s first vice-president, has been caught up in a controversy for appearing to demand a 10 percent cut of potential sponsorship deals.
In his role as general director of the Olympic Council of Asia (OCA), the 57-year-old is heard asking for ‘commissions’ on deals worth “40 to 50 million” dollars in a tape recording obtained by The Times and Germany’s Speigel Online.
The exchange is said to be between a prospective Chinese marketing agent and Musallam, who suggested that 10 percent of any sponsorship deals arranged for the OCA should be separately channelled to him.
Ahead of their elections here on Saturday and Sunday’s start of swimming action at the world championships in the Hungarian capital, FINA said none of their regulations had been breached.
“These allegations are a matter for OCA to comment on although FINA will monitor developments carefully,” said FINA in a statement.“However, it was determined there was no case to answer based on the information that is available to FINA at this time.
“Moreover, there was no breach of any FINA regulations.”The OCA denied any wrongdoing on Musallam’s part and questioned the timing of the articles.
“The OCA firmly denies that OCA officials requested commissions for OCA sponsorship deals and confirms that no commission or money was paid to OCA officials, directly or indirectly, for OCA sponsorship deals,” read the statement.
“All money for sponsorship deals went directly to the OCA.“The OCA is fully aware of the tape in question and its content and believes that this tape is being used in a politically motivated campaign.”The International Olympic Committee (IOC) told The Times and Der Spiegel that it had passed the allegations to its chief ethics investigator.
-
China Confirms Visa-free Travel For UK, Canada Nationals -
Inside Sarah Ferguson, Andrew Windsor's Emotional Collapse After Epstein Fallout -
Bad Bunny's Star Power Explodes Tourism Searches For His Hometown -
Jennifer Aniston Gives Peek Into Love Life With Cryptic Snap Of Jim Curtis -
Prince Harry Turns Diana Into Content: ‘It Would Have Appalled Her To Be Repackaged For Profit’ -
Prince William's Love For His Three Children Revealed During Family Crisis -
Murder Suspect Kills Himself After Woman Found Dead In Missouri -
Sarah Ferguson's Plea To Jeffrey Epstein Exposed In New Files -
Prince William Prepares For War Against Prince Harry: Nothing Is Off The Table Not Legal Ways Or His Influence -
'How To Get Away With Murder' Star Karla Souza Is Still Friends With THIS Costar -
Pal Reveals Prince William’s ‘disorienting’ Turmoil Over Kate’s Cancer: ‘You Saw In His Eyes & The Way He Held Himself’ -
Poll Reveals Majority Of Americans' Views On Bad Bunny -
Wiz Khalifa Thanks Aimee Aguilar For 'supporting Though Worst' After Dad's Death -
Man Convicted After DNA Links Him To 20-year-old Rape Case -
Royal Expert Shares Update In Kate Middleton's Relationship With Princess Eugenie, Beatrice -
Andrew Mountbatten-Windsor’s Leaves King Charles With No Choice: ‘Its’ Not Business As Usual’