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Finance

French prosecutors drop probe into Paris Olympics 2024 chief Estanguet

Published by Global Banking & Finance Review

Posted on April 3, 2026

1 min read

· Last updated: April 4, 2026

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French prosecutors drop probe into Paris Olympics 2024 chief Estanguet

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PARIS, April 3 (Reuters) - French financial prosecutors have dropped an investigation of Paris 2024 Olympics chief Tony Estanguet regarding his salary, the prosecutor's department said on Friday. It

French Prosecutors End Investigation Into Paris 2024 Olympics Chief Tony Estanguet

French Financial Prosecutors Drop Case Against Tony Estanguet

Background of the Investigation

PARIS, April 3 (Reuters) - French financial prosecutors have dropped an investigation of Paris 2024 Olympics chief Tony Estanguet regarding his salary, the prosecutor's department said on Friday.

Findings of the Prosecutor's Department

It said the investigation, which looked into Estanguet's salary in his role as president of the 2024 Olympics organising committee, had found no case of criminal wrongdoing.

Estanguet's Response

Estanguet, a three-time Olympic canoeing champion before taking charge of the Paris 2024 organising committee, had said he was not involved in the decision on his salary.

Reporting Credits

(Reporting by Sudip Kar-Gupta; Editing by Edmund Klamann)

Key Takeaways

Prosecutors dropped the probe into Estanguet’s remuneration, finding no evidence of illegality.
His 270,000 € annual salary (plus ≤20 % bonus) was set externally in 2018 and has not increased since, approved by independent experts and government financial controllers.
The organising committee maintained voluntary transparency—audits, oversight by a remuneration committee, and external approvals—to pre‑empt concerns and support governance integrity.

Frequently Asked Questions

Why were prosecutors investigating Paris 2024 chief Tony Estanguet?

Prosecutors were investigating Tony Estanguet regarding his salary as president of the Paris 2024 Olympics organizing committee.

What was the outcome of the investigation into Tony Estanguet?

French financial prosecutors dropped the investigation, finding no criminal wrongdoing.

Was Tony Estanguet involved in the decision about his own salary?

Tony Estanguet stated that he was not involved in setting his own salary.

Who reported on the closure of the investigation?

The prosecutor's department made the announcement, and the story was reported by Reuters.

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French prosecutors drop probe into Paris Olympics 2024 chief Estanguet

French Prosecutors End Investigation Into Paris 2024 Olympics Chief Tony Estanguet