Top Story Replay: Olympic Boxing Disaster Takes New Turn

(ATR) A senior IOC member may face sanctions over the crisis in Olympic boxing.

Around the Rings is told that C.K. Wu, effectively ousted as AIBA President in 2017, could soon be hit with a consequential ruling from the IOC Ethics Commission.

Sources say that the file opened voluntarily by Wu in 2017 remains active and headed toward judgment.

The IOC Ethics Commission does not comment on pending cases.

The findings of an IOC Inquiry Committee released in May may have provided just the information the Ethics Commission needs to take action against Wu.

The panel was led by IOC Executive Board member Nenad Lalovic. Two other IOC members -- Richard Carrion of Puerto Rico and Emma Terho of Finland joined Lalovic .

The ad hoc panel spent five months examining the records of the federation. But governance was the issue and not individuals like Wu, says the report.

The findings affirmed the difficulties faced by the federation. A financial analysis indicates AIBA could owe $30 million by 2021.

With just $400,000 in the bank as of last month and zero revenues now that IOC funding is frozen, the end seems near. Already the IOC has stripped the federation of the responsibility for organizing the sport at the 2020 Olympics.

An IOC member in Chinese Taipei since 1988, Wu was elected in 2006 as a reform candidate. The federation for Olympic boxing had been besieged for years with judging controversies, mismanagement and rampant conflict of interest.

For Wu, the first few years brought some positive results. But judging problems returned at the 2008 Beijing Games and each of the two that followed. Meanwhile Wu appears to have been overseeing dubious deals that led AIBA on the current trajectory to insolvency.

But the IOC Inquiry Committee report says no illegal activities involving Wu were identified in two other reports on AIBA governance.

Nonetheless, it goes on to invite further scrutiny by the IOC Ethics Commission.

"Despite the elements listed above, the IOC Inquiry Committee suggests that the IOC Chief Ethics and Compliance Officer, who was involved in the present inquiry, evaluates any information made available during this inquiry, related to Mr Ching-Kuo Wu," says the report.

Wu was conspicuously absent from the IOC Session June 26 when Lalovic presented the report to the membership.

ATR has invited comment from Wu.

The IOC action against AIBA so far is unprecedented in the annals of sport and the Olympics.

So too for the IOC, which has never had to punish a member over perilous management of an Olympic federation.

If C.K. Wu is found responsible the demise of AIBA, the IOC will have a tough choice as to what price he will have to pay.

Reported by Ed Hula.