The main sponsor of the Brazil’s volleyball confederation informed that they terminated sponsorship deal following a report by the country’s watchdog auditing office citing irregular payments by the sports body!
“Banco do Brasil reiterates that it would never agree with illegal practices that harm sports and the volleyball community,” the bank said in a statement.
“We have dedicated our time, our sweat, our knees, our shoulders, our ankles to this person and, unfortunately, we were betrayed by him. Indignation and betrayal summarize our feelings.“
Volleyball is popular in Brazil and the country will be among the medal-favorites at the 2016 Rio Olympics.
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