New governor to review cost of Games
TOKYO’S new governor yesterday promised a formal review of the megacity’s problem-plagued preparations for the 2020 Olympic Games as concerns grow over soaring costs.
Yuriko Koike, elected on July 31 as the Japanese capital’s first female governor, said a special panel would review whether tax money has been and will be used appropriately.
The 64-year-old political veteran reported for her first official day of work and held a press conference at which she announced the formation of a special team to assess where things stand.
“Budgeting, preparation, and the validity of the road map [to 2020] will be up for a fresh review by third-party individuals,” Ms Koike said, adding that an interim report would be released as early as next month.
“What is most important in Tokyo politics is transparency,” Ms Koike said, hammering home a point she made on July 31.
The 2020 Games, awarded to Tokyo in 2013, have been marred by a series of embarrassing setbacks over stadium construction, budget overruns and the official logo.
But the key concern ahead of the elections was the estimated cost of hosting the event, seen as possibly doubling or even tripling from the reported original forecast of 730 billion yen (US$7.14 billion). –
Newly elected Governor Yuriko Koike will set up a special panel to review the cost of the Tokyo Olympics.