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The IOC suspends its financial support to AIBA until it meets

The IOC suspends its financial support to AIBA until it meets
The International Olympic Committee (IOC) has resolved to suspend its financial support to the AIBA (International Association of Boxing Amateur) after declaring himself “extremely concerned about governance” in this organization.
While waiting for AIBA to adopt the necessary measures to comply with the requirements it made last December, the IOC intends to study the matter next week in PyeongChang (site of the Winter Olympics) and, if necessary, take new measures regarding the organization.
“The IOC is extremely concerned about governance at AIBA. The head of the Ethics Commission will present a report at the IOC Executive meeting next week in PyeongChang, and the IOC Executive will decide on further measures after its resolution on December 6, 2017, “the statement said.
Last year, he explains, the IOC Executive agreed on a series of requirements that AIBA had to meet, “particularly in the areas of governance, financial matters, anti-doping, judges and arbitration.”
“AIBA had to take action to meet these requirements, and until it takes the necessary steps to fully comply with the requirements, the IOC has decided to suspend any future financial contribution with immediate effect,” he stresses.
Finally, the IOC recalls that “in all its decisions it will respect the interests of AIBA athletes”. EFE
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