• Letters seen by Guardian back Aiba interim management committee
• Wu to learn his fate at extraordinary congress in Dubai in November
Wu Ching-kuo’s controversial 11-year reign at the top of amateur boxing’s governing body, Aiba, looks to be drawing to a close after an overwhelming number of the sport’s biggest nations and federations indicated they backed the president’s opponents in the bitter power struggle that has rocked the sport.
Wu, who has been accused of “financial mismanagement” and “collecting substantial funds from Aiba for personal use in his Taipei office” by those trying to depose him, will learn his fate an extraordinary congress in Dubai in November.
Permanent link to this article: https://www.theguardian.com/sport/2017/aug/16/amateur-boxing-president-wu-reign-set-to-end-federations-back-opponents-aiba
• Wu accused of financial mismanagement at amateur boxing’s governing body
• ‘The president does not have the almighty power to run Aiba’
The crisis at the top of amateur boxing’s governing body, Aiba, has intensified with those seeking to remove its president, Wu Ching-kuo, telling the Guardian they want him impeached for financial mismanagement.
Members of Aiba’s interim management committee (IMC), which was set up last week following an overwhelming vote of no confidence in Wu, are also going to the Swiss courts on Wednesday to argue the case that they – and not Wu – should run the organisation during the next three months, before an extraordinary congress decides the Taiwanese’s fate.
Permanent link to this article: https://www.theguardian.com/sport/2017/aug/01/aiba-crisis-impeachment-president-wu
• International Boxing Association in turmoil over repayments
• Management culture alleged to be neither inclusive nor transparent
Amateur boxing’s governing body, Aiba, faces the risk of bankruptcy after demands it immediately pays back millions of pounds in loans and investments it does not have, a senior figure in the organisation has claimed to the Guardian.
The revelation comes amid an increasingly bitter civil war inside Aiba, which has led to the resignations of its treasurer and finance director following claims they were sidelined by the president, Wu Ching-kuo. Earlier this month an executive committee member was also removed by Wu after raising questions about possible “deficiencies and irregularities” in Aiba’s finance and governance – before being dramatically reinstated by Swiss courts earlier this week.
Permanent link to this article: https://www.theguardian.com/sport/2017/jul/21/aiba-bankruptcy-amateur-boxing-wu-ching-kuo