Kevin Mallon, the Irish executive being detained in Brazil over alleged ticket touting, is reportedly set to be released from prison on bail later today.
The THG Sports employee will be allowed to leave Rio's Bangu jail following a judgement by the Supreme Court in Brazil, according to RTÉ.
He was arrested along with a colleague earlier this month as part of a Brazilian police investigation into the alleged illegal resale of Rio 2016 tickets.
PRO10, the OCI's official ticket seller, previously said he was holding tickets "to be made available simply for collection" by its customers.
In a statement, THG Sports welcomed news that Mr Mallon is "shortly to be released" from preventative detention
It said it believes that the company and its executives will be vindicated when all of the evidence is reviewed.
"We will continue to work to secure Kevin’s full release and his return to Dublin," the firm said.
"Meanwhile, THG is providing full support to Kevin and his family and will continue to seek to ensure their privacy at this difficult time."
Mr Mallon is said to be sharing a cell in the Bangu complex with OCI chief Pat Hickey.
The Department of Foreign Affairs said it is continuing to provide the Irishman with consular assistance.
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