IOC cuts funding for amateurs until problems solved
LAUSANNE, Switzerland - The International Olympic Committee (IOC) on Wednesday said it will make no more payments to the International Amateur Boxing federation (AIBA) until that body's problems over governance and finances are sorted out.
AIBA has been rife with infighting for months, with former president Wu Ching-kuo first provisionally suspended and then stepping down last month after a bitter dispute with his executive committee.
Wu, an IOC member, was replaced by interim chief Franco Falcinelli and the federation will convene an extraordinary congress with its national member federations on Jan 27 in Dubai to consider proposed changes to its governance.
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