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Tokyo 2020 bid: Payments were 'legitimate' consulting fees

Leaders of Tokyo's winning bid for the 2020 Olympics acknowledged Friday making payments to a firm in Singapore, but said the funds were for legitimate consulting fees and maintained that all bid activities were "fair and correct."

In the months immediately before and after Tokyo was awarded the games in 2013, 2.8 million Singapore dollars ($2 million) is thought to have been transferred in two segments from a bank in Japan to the account in Singapore of a company called Black Tidings, French prosecutors said Thursday. The transactions were marked "Tokyo 2020 Olympic Game Bid."

Ian Tan Tong Han is the holder of the Black Tidings account, which has been...

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