Olympics-Rio 2016 appeal to government to pay outstanding debts - News Summed Up

Olympics-Rio 2016 appeal to government to pay outstanding debts


"We talked to them and told them the situation and they have said they will help," Andrada told Reuters. "The deficit in December was 132 million reais and we have reduced it to 117 million so far this year. "The federal government does not consider that it has anything pending with the Rio 2016 Committee," the sports ministry said in a statement. Andrada said the municipal administration promised 150 million reais and paid only 30 million, while the federal government promised 100 million reais and paid less than 60 million. "That deficit of 132 million reais is around 1 percent.


Source: dna May 16, 2017 20:48 UTC



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