MONACO (AP) — World Athletics says it lost more than 1.5 million euros ($1.7 million) to “systematic theft” which allegedly involved its own employees.
World Athletics said on Thursday it handed over detailed case information to “the relevant judicial and legal authorities for criminal investigation” after an audit discovered suspicious activity over several years. It said it terminated the contracts of one employee and a consultant and another employee had already left.
The Monaco-based governing body of track and field didn’t name any of the people it suspects in the theft and didn’t specify which country’s authorities it contacted.
World Athletics president Sebastian Coe pledged to use “the full force of the law” to recover as much of the money as possible.
“Too many organizations b

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