The executive committee of the International Boxing Association (Aiba) has thrown its support behind Ching-Kuo Wu after former executive director Ho Kim made a series of allegations against the governing body and its president.
Kim, who was fired last year, outlined his claims in a letter delivered to nearly 200 national associations last week.
The New York Times newspaper said that a PricewaterhouseCoopers report found a hole in Aiba’s accounts in relation to almost half of a $10m (€9m) loan that was submitted to the governing body.
Aiba has claimed that Kim had control of that account and has suggested that it will take legal action against the South Korean.
“He (Kim) is exhibiting a full contempt for the concept of truth and for his obligations towards AIBA but this is an attitude most of you have experienced when he was in charge of Aiba daily operations,” Aiba said.
Aiba executive committee vice-president Franco Falcinelli added: “I want to express my deep satisfaction with today’s spirit and sharing of information and our support for president Wu (centre of picture). During the last 10 years we have believed in the president and his integrity, and anything that may damage the institution of Aiba we must face together. We will continue to help our president and to work as one for the good of boxing.”
In other news at the Aiba extraordinary executive committee meeting in the Swiss city of Montreux, the governing body approved a revised calendar for 2017 to 2020, bringing into line the men’s and women’s Elite World Championships in 2019 and both the Youth World Championships in 2018.
Aiba also announced that it would use all five judges to determine the winner of each contest and deploy the Swiss Timing electronic system to randomly select officials before the bouts, whilst removing the Draw Commission.
The judges will now be placed on all four sides of the ring, rather than three following a successful trial at November’s Youth World Championships in Saint Petersburg, Russia.
Aiba’s judging system came in for fierce criticism during the 2016 summer Olympic Games in Rio.