Zeenews Sports Bureau
A BBC sting operation has uncovered a major black marketeering scandal surrounding the London Olympics 2012 and resulted in the suspension of the Ukraine National Olympic Committee general secretary Volodymyr Gerashchenko.
The sting operation showed the top official of Ukraine Olympic Committee offering to sell 100 tickets for the July 27 to August 12 Games tickets on the black market to the reporter posing as a UK tout. It is a criminal offence, punishable by fines of up to £20,000, to sell London 2012 tickets to touts.
President of the Ukrainian Olympic Committee Sergei Bubka immediately suspended Gerashchenko and asked for probe into the matter. "I immediately suspended Volodymyr Gerashchenko," said the 48-year-old. "We are going to set up an independent commission to investigate Geraschchenko. We must be fair and come to a correct decision."