Milan’s Guardia di Finanza carried out searches, computer inspections, seizures, and the acquisition of documentation at the headquarters of the Milan-Cortina 2026 Foundation, which is controlled by the Italian National Olympic Committee. According to AP and local media reports, the police looked into sensitive information regarding supplier companies and individuals involved in the procedures for the awarding of technological services for the Winter Olympics.

“The checks underway are aimed at procedures used for the selection of technological providers and sponsors as well as the hiring of employees by the foundation,” Milan prosecutors said in a statement. “No current manager or employee of the foundation is under investigation.”

The raid was part of an investigation by the Milan Public Prosecutor's Office for corruption and bid-rigging. It focuses on the awarding of the digital ecosystem and security of the IT infrastructure of the Milan-Cortina 2026 Foundation following a corrupt agreement between three individuals (a businessman and two former top executives of the Foundation).

Although names were not confirmed by local authorities, ex CEO Vincenzo Novari, also a former executive and the former legal representative of Vetrya, now Quibyt, which had been awarded the contract for the development of digital services for the 2026 Olympics and Paralympics, would be among three suspects investigated. Novari left the job in 2020 and was replaced by current CEO Andrea Varnier. The contested facts would have occurred between March 2020 and March 2021

Italian media reported that the initial investigative reconstructions lead to the hypothesis that the Organising Committee of the Olympic Games, although qualifying - under a primary law - as a 'non-profit organisation operating under private law', in reality has a substantially public nature, pursuing a general interest purpose, with members, resources and guarantees of the State and local authorities.