IOC stops payments to boxing federation AIBA

LAUSANNE, Switzerland, (Reuters) – The International Olympic Committee (IOC) on Wednesday stated it could not make any payments to the International boxing federation AIBA Unless issues over governance and funds are sorted out.

Global Olympic Committee (IOC) President Thomas Bach arrives for an Executive Board meeting in Pully close to Lausanne, Switzerland December 6, 2017. REUTERS/Denis Balibouse

AIBA has been riven with in-combating for months, with former president CK Wu first provisionally suspended after which stepping down in November after a bitter dispute with his Government committee.

Wu, an IOC member, was once replaced by using interim chief Franco Falcinelli and the federation will convene a rare congress with its national member federations on Jan. 27 in Dubai to imagine proposed adjustments to its governance.

“The IOC Govt board has main considerations with regard to the situation within AIBA in different factors,” IOC President Thomas Bach instructed reporters.

“There Is the governance issues, There’s the truth that financial statements have no longer been made fully clear, there are nonetheless questions open with reference to judging, refereeing and anti-doping and subsequently now we have asked AIBA for a full Record by way of the end of January.”

Bach stated he wanted to see what measures AIBA would take to tackle the problems that have tarnished the federation. Wu is still an IOC member as his membership to the Olympic physique does no longer depend upon the AIBA presidency.

“We wish to see the measures AIBA is taking to handle these concerns. Until issues will alternate the IOC will not make any financial contributions to AIBA,” Bach mentioned.

He stated the following payment to AIBA would be in a number of months for referees for next yr’s Youth Olympic Games in Buenos Aires.

This Isn’t the primary time AIBA has IOC funds blocked.

The Olympic ruling body withheld payment of more than $1 million of television rights from the Athens 2004 Olympics after a refereeing scandal at those Games.

Reporting by means of Karolos Grohmann, enhancing by way of Ed Osmond

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