Workers and companies employed by Rio 2016 have still not been paid as the Organising Committee continues to face problems fulfilling its financial obligations, insidethegames can reveal.
Outstanding payments have been frozen until Rio 2016 receives funds from the Brazilian City Government, sponsors and the International Olympic Committee (IOC), something that is expected to mostly take place in November and December. Organisers insist that “95 per cent” of what they owe will be paid by the end of year.
Separate payments to foreign individuals who worked for Rio 2016 during the Games have also been delayed.
This is because of month-long strikes across Brazilian banks, it is claimed, which ended on October 7 and has meant they have been unable to process all of the fees.
A process has already begun to make these payments, organisers insist, and this is expected to be completed “over coming days”.
“There is no question that everybody will get paid,” Rio 2016 director of communications Mario Andrada told insidethegames today.