Tokyo governor says now's the last chance to rein in Olympic costs

Tokyo governor Yuriko Koike delivers a speech during the Olympic and Paralympic flag-raising ceremony at Tokyo Metropolitan Government Building in Tokyo, Japan, September 21, 2016. REUTERS/Toru Hanai

TOKYO (Reuters) - Tokyo's governor said on Wednesday that now was the last chance to take steps to rein in soaring costs for the city's 2020 Olympics, projected to cost 3 trillion yen (23.65 billion pounds) - over four times higher than planned.

Gov. Yuriko Koike, who took office in August, ordered a review of Olympic expenses that last month recommended changing three venues to save money, a move criticised by both the Tokyo 2020 Organising Committee and international sports officials.