The International Boxing Association (AIBA), amateur boxing’s governing body has issued life bans to former president, CK Wu and former executive director, Ho Kim for “gross negligence and financial mismanagement of AIBA affairs and finances.”
CK Wu was president of AIBA for eleven years before he was provisionally suspended in October 2017 while Ho Kim was AIBA’s Executive Director from 2006 to 2015.
AIBA has long been a source of worry for the international community; earlier this year, Thomas Bach, President of the International Olympic Committee said he is “extremely worried” about the body’s finance procedures and governance while the US Treasury Department described CK Wu’s successor, Gafur Rakhimov as “one of Uzbekistan’s leading criminals”.
Franco Falcinelli was also suspended from AIBA’s executive committee for “offending conduct”. The decisions are set for ratification via a voting process at AIBA’s congress in Moscow next month. Both men have denied the allegations of wrongdoing.