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Japanese Olympic Committee acknowledges payment to Singapore firm, but denies any wrongdoing

( May 16, 2016, 02:41 GMT | Insight) -- Tsunekazu Takeda, president of the Japanese Olympic Committee, admitted that his organization had sent money to a Singapore firm, public broadcaster NHK reported. Takeda, however, denied any wrongdoing and said that the payment was a legitimate consulting fee and that it had been property audited. Tsunekazu Takeda, president of the Japanese Olympic Committee, admitted that his organization had sent money to a Singapore firm, public broadcaster NHK reported. Takeda, however, denied any wrongdoing and said that the payment was a legitimate consulting fee and that it had been property audited. In the months before and after the 2013 Olympic vote, S$2.8 million ($2 million) may have been transferred from Japan to the Singapore firm, Black Tidings, according to French prosecutors, the Japan Times reported in a story compiled with an AP dispatch. Kyodo News Service said in a story published on the Mainichi newspaper's website that investigators in Singapore are also looking into the case. ...

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