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The AIBA, boxing's international amateur governing body, is now deep entrenched in its little civil war, with some in the Executive Committee wanting to oust president Wu Ching-Kuo after allegations of financial mishandlings, leaving the organization deep in debt worth tens of millions of dollars.

The committee tried to have president Wu out of the organization and tried to take matters into court in Switzerland, where the AIBA global headquarters reside. Well, a Swiss court rejected the urgent provisional management shakeup.

The organization tried to have its president and implement a provisional committee to oversee operations until a new president is named. Since the Swiss courts rejected the motion on August 7, any change at the top of the amateur governing body will wait until a proper hearing is conducted. Wu’s Executive Committee has passed a motion of no-confidence against his leadership and had asked Swiss courts to approve a temporary administration, accusing the president of financial mismanagement

“The Swiss court has announced today (Monday) its decision to reject the requests for urgent provisional measures,” AIBA said in a statement. "The court has decided that the condition of extreme urgency was not fulfilled.”

AIBA’s executive committee meeting in Moscow last month passed the no-confidence motion, claiming that the body was on the brink of bankruptcy. The organization’s headquarters in Lausanne, Switzerland were closed for a week following the no-confidence vote, before reopening on August 2.

Executive committee member and Wu rival Pat Fiacco of Canada told AFP last week that AIBA had racked up debts worth 15 million Swiss francs ($15 million, 13.1 million euros). Fiacco said they wanted Swiss justice to take “provisional measures” until October or November when an AIBA board meeting will vote on the no-confidence motion. Wu has meanwhile charged his rivals with trying to pull off “a military coup”, and insists the organization is on sound financial footing.

According to the statement, the Lausanne court saw no reason to rush through emergency measures, which means Wu's regime as AIBA president will remain for a good while until the hearings are done. Liliane Beuggert, a spokeswoman for the Lausanne court, said a ruling on the case is not expected until September at the earliest, with the hearing taking place next week.

“A hearing is scheduled on 17 August 2017, at the occasion of which the parties and their legal counsels will be heard. A decision on provisional measures will then be rendered by the court,” the statement said. “This decision maintains the status quo and AIBA will therefore keep functioning in full accordance with its statutes."

In the meantime, AIBA said it was focusing on organizing the next World Boxing Championships in Hamburg from August 25 to September 2. Unfortunately, the news of this will cast a large cloud on the world championships. It's very hard to imagine that this will mean that Boxing will be out of the rotation for the Tokyo 2020 Olympics, and even the 2024 Olympics in Paris.

The AIBA did say it will take down two male divisions for the upcoming Olympics, but add two more female weight classes. In terms of the total number of boxers participating, the AIBA did say the number of boxers competing in the Olympics overall will be the same as in the last Olympics back in 2016.

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