AIBA to elect successor to Wu in November
A new permanent president of AIBA, the governing body for boxing at the Olympic Games, will be elected into office at a congress in Moscow in November.
Umar Kremlev, secretary general of the Boxing Federation of Russia, told Tass, the country's state news agency, that the capital will stage the congress between 1 and 4 November, and this was later confirmed by AIBA.
AIBA will first hold an extraordinary congress in Dubai on 27 January to approve an interim board and leadership for 2018.
Franco Falcinelli is the present interim AIBA president, having taken on the post late last year after Ching-Kuo Wu ended his long stay in office, saying the move was in “the best interests” of the governing body, which had been embroiled in bitter infighting.
Wu, formerly a member of the International Olympic Committee’s executive board, had been the head of the federation since 2006, but his position became increasingly untenable after the AIBA executive committee in November unanimously backed, by a margin of 14-0, a suspension imposed pending the outcome of disciplinary proceedings over several serious charges, including financial mismanagement.
It is understood that Falcinelli has asked the executive committee to vote in favour of a recommendation that Wu be granted the title of AIBA honorary president, subject to ratification by the congress.
Wu was alleged to have racked up debts of SFr15 million ($15.6 million) on behalf of AIBA and, the disciplinary commission argued last year, “led AIBA to the verge of bankruptcy.”
It also claimed he had been “hiding the serious financial situation of the association from the public, the EC and national federations.”
The power struggle broke out in July following an AIBA executive committee meeting in Moscow, and continued on the sidelines of the subsequent World Championships in Hamburg, Germany.
In December, the IOC suspended AIBA's funding until it provides a report on how it will resolve its governance problems.
Wu remains an IOC member, despite no longer sitting on the powerful executive board.