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IOC halts funding to Aiba

IOC halts funding to Aiba

By: SportBusiness International team

Posted:
7 Dec 2017
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The International Olympic Committee has suspended funding payments to the International Boxing Association (Aiba) due to concerns over the body’s governance.

In November, Ching-Kuo Wu stepped down as Aiba president following months of in-fighting. In October, Franco Falcinelli replaced the Wu as interim president. Aiba will hold an extraordinary congress in Dubai on January 27 to discuss governance reforms.

The IOC has now ordered Aiba to provide a full report on its situation by the end of January.

“The IOC executive board has major concerns with regard to the situation within Aiba in different aspects,” IOC president Thomas Bach said.

“There are the governance issues, there is the fact that financial statements have not been made fully transparent, there are still questions open with regard to judging, refereeing and anti-doping, and therefore we have asked Aiba for a full report by the end of January. We want to see the measures Aiba is taking to address these issues. Until things will change the IOC will not make any financial contributions to Aiba.”

The IOC also ordered the International Weightlifting Federation to retest more stored doping samples from the London 2012 summer Olympic Games and report back by June.

Bach (pictured) said that reanalysing the London 2012 samples would have a “special emphasis on weightlifting”.

The IOC added: “Regarding the inclusion of weightlifting in the Olympic programme for Paris 2024, the executive board decided that the status remains unchanged and their participation is subject to the International Weightlifting Federation (IWF) further demonstrating that it has fulfilled certain conditions.

“The federation has put in place plans to address the serious incidence of doping in the sport, and while the IOC has taken note of these plans, it wishes to see them applied to assess their effectiveness. A further report on the implementation of the required actions from the IWF is expected by mid-June 2018 to allow the IOC EB to follow-up in its July 2018 meeting.”

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