Monday 5 December 2016

Hickey set for home after €410k loan to pay bail bond

Published 02/12/2016 | 02:30

Pat Hickey: bail loan. Photo: Steve Humphreys
Pat Hickey: bail loan. Photo: Steve Humphreys

Former president of the Olympic Council of Ireland (OCI) Pat Hickey will be able to return to Ireland after the Association of National Olympic Committees (ANOC) agreed to pay his €410,000 bail.

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The ANOC said it has given Mr Hickey the money as a temporary loan and said expects for it to be paid back.

Explaining its decision, the organisation cited humanitarian grounds and the 71-year-old's heart condition.

"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," a statement said.

"The payment was made as a temporary loan so that Patrick Hickey could meet his bail requirements and return to Ireland where he can receive medical treatment for a heart condition," it added.

The ANOC said that while the terms of the loan made it clear the money must be paid back, all other terms and conditions of the arrangement would be kept confidential "for legal reasons".

Mr Hickey was previously a vice-president of the ANOC and it is understood that Sheikh Ahmad Al-Fahad Al-Sabah is a friend of his.

The organisation is the umbrella group that represents national Olympic committees.

Mr Hickey has remained in Brazil after being arrested on suspicion of illegal ticket touting - a charge dating back to the summer's Olympics in Rio.

He has denied any wrongdoing. The bail payment means that Mr Hickey's passport will now be returned to him.

The conditions of his bail were laid out last month, but at the time the OCI ruled out any intervention.

It is understood that Mr Hickey never approached the OCI about paying.

It said the matter of bail was personal and confirmed it would not be paying.

Mr Hickey is expected to undergo treatment for his heart condition when he returns to Ireland.

Irish Independent

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