One of the four remaining vice presidents will become the interim president under
Aiba's statutes.
One of the four remaining vice-presidents will become the Interim President under
AIBA's statutes.
'I just hope that whoever is tasked with choosing the technical officials will be guided well to ensure he/she gets the right people,' Abap secretary general Ed Picson said a day after the IOC stripped its recognition of
Aiba.
Kermlev, who is also an
AIBA Executive Committee member, said, "I think that today, after all the decisions of the IOC, all members of the
AIBA Executive Committee will understand that we need to unite and say goodbye to the old.
He said the evidence details ''extremely serious issues'' within
AIBA ranging from ''deficiencies'' in governance, to lack of due diligence and conflicts of interest.
The International Olympic Committee (IOC) has launched an inquiry into the finances and governance of
AIBA, which has been in turmoil for years, and warned that it could miss out on Tokyo next year.
The
AIBA's relationship with the IOC reached crisis point when Gafur Rakhimov was elected
AIBA president last month.
The IOC are concerned about
AIBA governance amid last month's election of Uzbekistan's Gafur Rakhimov, who has been linked to organised crime, as President of the
AIBA.
It added that it still had concerns over the governance, ethics and financial management" of
AIBA, which last month elected as president a controversial Uzbek businessman linked to organised crime by the US Treasury Department, a claim he denies.
His election is likely to fall foul of the International Olympic Committee (IOC), which is currently weighing up the future of boxing as an Olympic sport due to ongoing issues with
AIBA's finances and governance.
Last year, IOC suspended their funds to
AIBA until it submits a plan to address its governance and financial issues.
AIBA was not immediately available for comment when contacted by Reuters.