(CNN)With less than 500 days until the Tokyo Olympics gets underway, Tsunekazu Takeda — president of the Japanese Olympic Committee (JOC) — has announced he will step down from his position in June amid allegations of corruption over Tokyo’s successful bid to host the 2020 Games.
Takeda told reporters at a press conference Tuesday in Tokyo that he would also resign from his position as member of the International Olympic Committee.
The 71-year-old, ex-president of the Tokyo 2020 bidding committee, was placed under formal investigation last December by French prosecutors over corruption allegations relating to the 2020 bidding process.
