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199:"He immediately showed his finger to the referee-judges. The IOC says this is totally unacceptable. You cannot humiliate people. They are officials. He put himself in a difficult position, I can tell you. A lot of disciplinary action will follow. You should show proper behaviour. If you are not happy about the result, you cannot humiliate in public our referee-judges. So that has already drawn a lot of people's attention who want to punish him. So we are going to have a disciplinary commission for the case."
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the IOC to step in,” the senior official told the
Guardian, adding that amateur boxing is so rotten that only the removal of Wu, his administration and all of the officials at the Olympics could cut it out. “President Wu needs to resign, as well as the executive director and the senior staff. Every RJ and ITO needs to be suspended. That’s the only way it’s going to change,” the official said.
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Under Wu, AIBA faces the risk of bankruptcy after investors demanded it immediately pays back millions of pounds in loans and investments it does not have. Azerbaijani company
Benkons has sent a letter, demanding AIBA immediately repay a $ 10 million loan from 2011. That is over $ 2 million more than
202:
A senior boxing official was quoted as saying that there is deep-rooted corruption in
Olympic boxing, which led to controversial decisions. “As predicted, corruption is alive and well and the decisions speak for themselves. It is clear that the AIBA will not do anything about this. It is time now for
195:
There were two highly controversial decisions in the 2016 Summer
Olympics where the widely regarded winners of the matches were judged to have actually lost the match. One of them responded by showing the judges his middle finger. Instead of promising to look into the issue concerning the judges and
99:
After serious allegations of financial mismanagement and accounting irregularities were made against Wu, a motion was passed against him by AIBA's executive committee at a meeting in Moscow in July 2017. Members of AIBA's governing body called for an
Extraordinary Congress within 3 months to table a
219:
AIBA has also received large investments from
Chinese companies AliSports and FCIT, with the money largely going towards meeting operational and legal expenses. International auditor KPMG refused to certify the accounts for two years 2015–2016, but finally signed these in April 2017 only after AIBA
186:
During Wu's seventh trip to Africa in less than 10 years, he has established a relationship with his
African colleagues since he became an IOC member 25 years ago, the longest tenure of any of the six hopefuls, he said “The Olympic Games have taken place on all five continents but Africa, and
143:
of
Pakistan to serve as AIBA's head for the next four years. When serving as an AIBA committee chairman, he proposed reforms such as increased marketing, new television contracts and the installation of scoreboards to allow fans to see how judges score fights in real time.
216:
AIBA has in its accounts. Benkons insists any claims by AIBA that a repayment schedule has been agreed are “false” – and they rejected such a proposal earlier in 2017. Hong Kong investor FCIT has also sent a legal notice to AIBA, demanding its CHF 19 million loan back.
182:
As the president of AIBA, Wu believed Cuba's historic first professional boxing bout in more than 50 years proves yet again to IOC members that he can deliver. He was proud to have been the facilitator of engineering the Cuban return to the professional boxing circuit.
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After his election, Wu let Price
Waterhouse Coopers check the AIBA finances. Turkish General Secretary Caner Doganeli was soon suspended in February 2007 and the ethics commission headed by François Carrard discussed financial irregularities charges against Doganeli.
206:
US head coach Billy Walsh was quoted by the
Guardian as saying that he believed the decisions made at these Olympics were the worst since Roy Jones Jr infamously lost a light-middleweight final in 1988 that became a byword for scandal.
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Wu claimed that this was "political maneuvering" and refused to step down. However, with the boxing world in uproar over the financial mismanagement under Wu's watch, he had no option but to resign in November 2017.
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claimed its revenues would improve and promised a $ 10m loan repayment plan had been agreed with Benkons. This claim has now turned out to be untrue, creating the risk that KPMG will not certify the next accounts.
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no-confidence motion against the AIBA president. It set up an Interim Management Committee to prevent Wu from having any further financial control over AIBA.
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In October 2018, AIBA banned Wu from involvement in amateur boxing for life, for gross negligence and financial mismanagement of AIBA affairs and finances.
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making public statements about cleaning up his organization Wu responded with the following to AP journalist Greg Beacham:
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394:"Mr Ching-Kuo WU - Chinese Taipei Olympic Committee, IOC Member since 1988"
127:(IOC) in 1988. He served as a member of the evaluation commission for the
433:"Cuban coup proves that I deliver, IOC's Wu Ching-kuo says - Taipei Times"
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342:"Amateur boxing's president set to be forced out amid financial turmoil"
536:"Aiba 'risks bankruptcy' as civil war erupts at top of amateur boxing"
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therefore I will do my utmost to help bring about an African Games.”
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564:"Investors Demand Millions in Repayments From Boxing Federation"
408:"Wu officially declares himself as candidate for IOC Presidency"
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In November 2006 Wu won a vote 83 to 79 to replace 84-year-old
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Wu was a basketball player in his youth and later worked as an
485:"IOC presidential candidate wants to bring Olympics to Africa"
316:"AIBA workers 'locked out' after president no-confidence vote"
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634:"Embattled Olympic boxing body picks Russia for 2019 worlds"
510:"Taiwanese IOC presidential hopeful charms Africans: report"
369:"IOC Announces 2016 Summer Games Evaluation Commission"
296:"Amateur Boxing Federation Votes Against Its President"
243:"IOC Members List - International Olympic Committee"
164:. He has served as an IOC member since 1988. At the
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On May 23, 2013, Wu confirmed that he would run for
96:), he was elected to its executive board in 2012.
77:; born October 18, 1946) was the president of the
294:Belson, Ken; Georgiev, Ognian (July 24, 2017).
88:since 1988 (and thus representing the IOC in
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609:"Boxing Federation Faces Leadership Crisis"
40:Mr. Wu Ching-kuo announced his run for the
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534:Ingle, Exclusive by Sean (July 21, 2017).
584:"AIBA bans former president Wu for life"
721:International Olympic Committee members
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483:Zaccardi, Nick (September 2, 2013).
707:, International Boxing Association
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705:AIBA President - Dr. Ching-Kuo Wu
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340:Kelner, Martha (July 24, 2017).
211:Financial allegations against Wu
152:2013 candidacy for IOC President
135:International Boxing Association
79:International Boxing Association
741:Taiwanese people from Chongqing
191:Response to Olympic controversy
125:International Olympic Committee
86:International Olympic Committee
42:International Olympic Committee
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269:"IOC Executive Board"
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129:2016 Summer Olympics
439:. September 4, 2013
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169:IOC Session
27:family name
715:Categories
227:References
119:Wu became
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643:August 2,
618:August 2,
588:BBC Sport
547:August 2,
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325:August 2,
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158:President
114:architect
21:In this
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61:Chinese
121:Taiwan
108:Career
90:Taiwan
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50:Taiwan
46:Taipei
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463:AIBA
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