It is a gigantic deal, equal to the scale of the scandal.

The victims of former US women's gymnastics team doctor Larry Nassar will receive $ 380 million.

An agreement with the Federation, the Olympic and Paralympic Committee (USOPC) and their insurers, the Indianapolis bankruptcy court said.

Larry Nassar, 58, is serving a life sentence after being heavily convicted in 2017 and 2018 for sexual assaults on more than 300 gymnasts, mostly minors, committed over more than two decades while working for USA Gymnastic, but also at Michigan State University and in a gymnastics club.

The compensation that will be paid is one of the largest ever awarded to victims of sexual assault, after the $ 500 million that Michigan State University pledged to settle in 2018, after concluding a compensation agreement with more than 300 victims.

Hearing in the Senate

Far more famous, Olympic gold medalists Simone Biles, Aly Raisman and McKayla Maroney testified at a Senate hearing in September.

They had not only described the abuse suffered, but also blamed the officials of the American Gymnastics Federation, the USOPC and the Federal Police (FBI) for inaction to prevent the sexual assault committed by the ex-doctor.

“This historic agreement ends another chapter in the Larry Nassar scandal.

The survivors have now received a total of $ 880 million in compensation for their pain and suffering at the hands of this monster, with institutions that let him do it, ”responded John C. Manly, senior lawyer representing victims. .

Criminal section not completed

"There is still one chapter to write, the criminal prosecution of FBI agents who failed to investigate and arrest Nassar, as well as USA Gymnastics and USOPC members who conspired with them to obstruct the investigation, ”concluded John Manly.

Rachael Denhollander, the first woman to publicly accuse Nassar in 2016, welcomed the deal.

“This chapter is finally closed.

Now the hard work of reform and reconstruction can begin.

Whether justice is done or not and a change is made depends on what will happen next ”.

The American Gymnastics Federation filed for bankruptcy in 2018, drowned by a huge number of lawsuits brought by the victims of Nassar.

According to the

Wall Street Journal

, Monday's deal could be reached after insurance company TIG agreed to pay a "substantial portion" of the compensation.

The deal includes a $ 34 million payment directly from the USOPC, as well as a $ 6 million loan from the USOPC to USA Gymnastics.

Finally, as part of the agreement, a victim of these sexual assaults will be appointed to the board of directors of the American Gymnastics Federation.

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