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IOC to Begin Auditing of Money to International Federations

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The International Olympic Committee (IOC) will launch independent auditing of the money it gives to sports organizations in a bid to prevent the type of corruption scandals that have engulfed the governing bodies of soccer and track and field.   Noting that many sports bodies are concerned their “reputation is being tarnished” by the FIFA and IAAF scandals, the IOC executive board on Thursday adopted a “declaration on good governance in sport and the protection of clean...

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