Swimwear manufacturer Speedo is dropping its sponsorship of the disgraced US Olympic swimmer Ryan Lochte.
The company made its announcement after Lochte lied about being robbed at gunpoint by a policeman after a night out during the Rio Olympics. Lochte alongside three other team-mates were caught on camera damaging a petrol station toilet door.
Speedo said: “We cannot condone behaviour that is counter to the values this brand has long stood for.”
They had been returning to the Olympic village after a night out in Rio when they tried, unsuccessfully, to use the locked toilet and urinated outside instead.
Speedo said it would donate a $50,000 portion of Lochte’s sponsorship fee to the charity Save The Children’s Brazilian operation.
The American is one of the most successful swimmers in history, with 12 Olympic medals, and he once had his own reality television show in the US.