London bid for the 2012 Summer Olympics being selected by the International Olympic Committee (IOC) when put up against other world cities in a competitive bidding process. On 6 July 2005 at its 117th Session in Singapore, the IOC awarded London the right to host the Games of the XXX Olympiad. The city beat the favourite Paris 54 to 50 on the fourth and final ballot. London is the first city to host the Games three times. At the time of the bid, the budget projection was around £2 billion, but it was later estimated that the true cost would be around £9 billion. The project involved
Olympic Games accused the British prime minister Tony Blair and the London Bid Committee (headed by former Olympic champion Sebastian Coe) of breaking the bid rules. He cited French president Jacques Chirac as a witness; Chirac gave guarded interviews regarding his involvement. The allegation was never fully explored. The Turin bid for the 2006 Winter Olympics was also shrouded in controversy. A prominent IOC member, Marc Hodler, strongly connected with the rival bid of Sion, Switzerland, alleged bribery of IOC officials by members of the Turin Organising Committee. These accusations led to a wide-ranging investigation. The allegations also served to sour many