Japan's Olympic Chief Resigns

Japan's Olympic chief resigns

The chief of Japan's Olympic Committee says he is resigning. The announcement comes as French authorities investigate his role in helping Tokyo secure the 2020 Games.

On Tuesday, Tsunekazu Takeda announced he would step down when his term expires in June.

Takeda is under formal investigation by French authorities in relation to Tokyo's successful bid for the 2020 Olympics and Paralympics. They suspect he approved payments of about 2 million dollars to a company in Singapore in 2013.

The company is believed to be linked to the son of a former member of the International Olympic Committee who helped select Tokyo as the host.
Takeda denies any wrongdoing.