Pat Hickey to secure loan to cover €400,000 bail

Pat Hickey is to get a loan from the Association of National Olympic Committees to pay his bail in Brazil.

Mr Hickey was arrested in Rio in August and was held in the high-security Bangu prison. He was granted the right to leave Brazil for health reasons by a judge.

In granting bail, Judge Fernando de Almeida said releasing Pat Hickey "would not bring any obstacle or risk to public order", or undermine the criminal investigation against him.

The Olympic Council of Ireland said last month that it would not pay Pat Hickey's bail bond of €400,000.

The Association of National Olympic Committees (Anoc) has now confirmed it will loan Mr Hickey the money "on humanitarian grounds... to return home for medical reasons.

"The decision was unanimously approved by Anoc president Sheikh Ahmad al-Fahad al-Sabah and all Anoc vice-presidents via a postal vote on 20 November 2016...The terms of the temporary loan make it clear it must be repaid to Anoc in full."

The 71-year-old denies allegations that he was involved in ticket touting at the Olympic games.

Email Updates

Receive our lunchtime briefing straight to your inbox

Related Articles

Dáil hears claims ticket touting revenue going to organised crime gangs

Pat Hickey back in Ireland after 'extremely traumatic few months'

Pat Hickey 'expected to get his passport back and return to Ireland'

More in this Section

Jobstown trial: 'All he is doing is holding a banner walking up the road, with some old dears from Tallaght'

Young driver 'panicked' when he collided with cyclist and drove off

Father who wants brain-injured son kept alive tells court: 'Where there’s life, there’s hope'

Varadkar: Not too late for UK to stay in EU


Today's Stories

Discount demanded after water main bursts

Missing woman’s family urge her to make contact

Minister to admit housing deadline won’t be met

Risk of early election as relations between FG and FF ‘plummet’ over Whelan affair

Lifestyle

Author describes what it's like when a man becomes a woman

Seeing is believing for Star Wars: Episode IX director Colin Trevorrow

Rocket Man blasts off to another galaxy at Marquee

Elizabeth Moss is on top of her game with 'The Handmaid's Tale' and 'Top Of The Lake'

More From The Irish Examiner