LONDON // International Olympic officials have opened a high level investigation into allegations that authorised agents in more than 50 countries - including a national Olympic committee - were involved in selling London Olympics tickets on the black market.
The International Olympic Committee convened an emergency session on Saturday to discuss a dossier of evidence presented to it by Britain's Sunday Times. The newspaper published an investigation on Sunday claiming that officials have been offering tickets for the July 27-August 12 games, including hot events such as the men's 100m final, at vastly inflated prices.
One of the most damaging allegations was against Spyros Capralos, the Greek Olympic Committee president and top organiser for the 2004 Athens Olympics. He was quoted as saying he had "pulled strings" with London organising chairman Sebastian Coe to obtain an extra batch of premium tickets, on the pretext that demand in Greece outstripped expectations.
The paper said Capralos admitted in talks with its undercover reporters that demand had actually been very low, and that many of the tickets were subsequently sold on to people outside Greece for profit.
The London organising committee said Capralos' alleged boasts of discussions with Coe were untrue.
Coe had told the Greek Olympic Committee that tickets were allocated in accordance with IOC ticketing policy, the London committee said. "There was no further contact - either formal or informal - on this subject," it said in a statement.
Capralos was not immediately reachable for comment. A Greek Olympic Committee official, speaking on condition of anonymity because of the ongoing investigation, denied that anything untoward had taken place.
At issue are ticket allocations given by organisers to each of the 205 national Olympic committees to sell in their home countries. The committees appoint an organisation within their countries to sell the tickets, a process meant to ensure equity.
IOC rules forbid national committees from selling tickets abroad, inflating ticket prices or selling tickets to unauthorised resellers.
But the Sunday Times said its undercover reporters, who posed as illegal ticket sellers acting for clients in the Middle East, caught officials red-handed. It said it has presented the IOC with a dossier of evidence on 27 officials controlling the tickets for 54 countries.
The paper even posted on its website videos of its reporters' negotiations with Capralos and some of the agents. They include official ticket agents in Serbia, Lithuania and China, who offered to sell the undercover reporters premium tickets for up to 6,000 pounds ($9,407) each.
One of those accused of falling for the ruse was former Olympic swimmer Yoav Bruck, who is authorised to sell tickets in Israel and Cyprus. He denied allegations that he offered the Sunday Times reporters the best seats to the 100m final.
"The report is swamped with untruths, lies and inventions that cries to the heavens," he told Israel's Channel 2 TV. "I am saying that we are clean ... we are not selling anything we are not allowed to."
The report also alleged that Greg Harney, an executive at travel company Cartan Tours and a former top official at the US Olympic Committee, told the undercover reporters how to conceal an illegal ticket sale.
The IOC said in a statement on its website Saturday that it "takes these allegations very seriously and has immediately taken the first steps to investigate".
The report was the latest in a string of similar allegations. In May, a top Ukrainian Olympic official resigned following allegations that he offered to sell thousands of dollars' worth of tickets for the London Games on the black market.
Volodymyr Gerashchenko, secretary general of Ukraine's national Olympic committee, was accused in a BBC television report of telling an undercover reporter posing as an unauthorised dealer that he was willing to sell up to 100 tickets for cash.
Ticketing problems have plagued London's organisers for months, with many complaining about the official website's intractable computer problems and inability to cope with demand.
Many Brits have been frustrated that they couldn't attend an event that is costing the nation 9.3 billion pounds ($14.6 billion), and the problem has prompted some London officials to demand more transparency on how the tickets were allocated.
Organisers had promised a full accounting once the games are done, but members of the London Assembly, a public watchdog group, have been demanding an accounting of how many tickets have been sold so far and at what price.
Critics of London organisers believe a disproportionate number of tickets have been sold in higher price brackets, excluding those who can't afford to pay for the most popular events.
Zimbabwe v UAE, ODI series
All matches at the Harare Sports Club:
1st ODI, Wednesday, April 10
2nd ODI, Friday, April 12
3rd ODI, Sunday, April 14
4th ODI, Tuesday, April 16
UAE squad: Mohammed Naveed (captain), Rohan Mustafa, Ashfaq Ahmed, Shaiman Anwar, Mohammed Usman, CP Rizwan, Chirag Suri, Mohammed Boota, Ghulam Shabber, Sultan Ahmed, Imran Haider, Amir Hayat, Zahoor Khan, Qadeer Ahmed
La Mer lowdown
La Mer beach is open from 10am until midnight, daily, and is located in Jumeirah 1, well after Kite Beach. Some restaurants, like Cupagahwa, are open from 8am for breakfast; most others start at noon. At the time of writing, we noticed that signs for Vicolo, an Italian eatery, and Kaftan, a Turkish restaurant, indicated that these two restaurants will be open soon, most likely this month. Parking is available, as well as a Dh100 all-day valet option or a Dh50 valet service if you’re just stopping by for a few hours.
Company profile
Name: Infinite8
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Launch year: 2017
Number of employees: 90
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Funding: $1.2m from a UAE angel investor
The specs
Engine: 4 liquid-cooled permanent magnet synchronous electric motors placed at each wheel
Battery: Rimac 120kWh Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2) chemistry
Power: 1877bhp
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Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
COMPANY%20PROFILE
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Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
What is the Supreme Petroleum Council?
The Abu Dhabi Supreme Petroleum Council was established in 1988 and is the highest governing body in Abu Dhabi’s oil and gas industry. The council formulates, oversees and executes the emirate’s petroleum-related policies. It also approves the allocation of capital spending across state-owned Adnoc’s upstream, downstream and midstream operations and functions as the company’s board of directors. The SPC’s mandate is also required for auctioning oil and gas concessions in Abu Dhabi and for awarding blocks to international oil companies. The council is chaired by Sheikh Khalifa, the President and Ruler of Abu Dhabi while Sheikh Mohamed bin Zayed, Abu Dhabi’s Crown Prince and Deputy Supreme Commander of the Armed Forces, is the vice chairman.
Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
The specs: 2018 Mercedes-Benz E 300 Cabriolet
Price, base / as tested: Dh275,250 / Dh328,465
Engine: 2.0-litre four-cylinder
Power: 245hp @ 5,500rpm
Torque: 370Nm @ 1,300rpm
Transmission: Nine-speed automatic
Fuel consumption, combined: 7.0L / 100km
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