IOC stops payments to boxing federation AIBA

LAUSANNE, Switzerland, – The International Olympic Committee (IOC) on Wednesday said it would not make any payments to the international boxing federation AIBA until problems over governance and finances are sorted out. AIBA has been riven with in-fighting for months, with former president CK Wu first provisionally suspended and then stepping down in November after a bitter dispute with his executive committee. Wu, an IOC member, was replaced by interim chief Franco Falcinelli and the…

"IOC stops payments to boxing federation AIBA"

Suspended AIBA president Wu to step down from post

– The International Boxing Association’s (AIBA) suspended president Wu Ching-kuo announced on Monday that he would step down from his post to “resolve the management issues” within the Olympic sport’s governing body. Wu, who will be replaced by interim chief Franco Falcinelli, said in a joint statement with the Swiss-based organization that he would withdraw and terminate related pending procedures before civil courts and the AIBA disciplinary commission. “I step down in the best interests…

"Suspended AIBA president Wu to step down from post"