Thohir has been drawn into the investigation because he is president of the Indonesian Olympic Committee.
He is reported to have been invited to provide a statement but said he had no fears about the prospect of jail.
“We have the deepest of respect for the law and, if it were to be proven that I have some responsibility in this, then I am prepared to pay as is right to do,” La Gazzetta dello Sport reported him as saying.
“We must not influence the investigation out of political reasons, but if I have made a mistake then I am ready to go to prison.”
However, Inter released a statement on Tuesday that said Thohir was not being investigated as a suspect but was collaborating with the investigation “to the Indonesian anti-corruption authorities in his role as president of the Indonesian Olympic Committee.”
“In light of recent media reports, FC Internazionale wishes to clarify that president Erick Thohir is not under investigation,” the statement said.
Thohir has been Inter’s president since 2013 and remained in the position even after the Suning group acquired almost 70 percent of the club last June.
Thohir and Suning have not been on the best terms since the takeover and I expect this news to be used as a way for Suning to force Thohir out of the club for good this summer.