Wu, who will be replaced by interim chief
Franco Falcinelli, said in a joint statement with the
Swiss-based organization that he would withdraw and terminate
related pending procedures before civil courts and the AIBA
disciplinary commission.
"I step down in the best interests of both AIBA and boxing but I
remain committed to ensure a smooth handover to the new
leadership," the 70-year-old Wu, who has been at the helm for 11
years, said.
The AIBA would convene an extraordinary congress with its
national member federations on Jan. 27 in Dubai to consider
proposed changes to its governance, the statement added.
Wu was provisionally suspended by a disciplinary commission last
month after a complaint from 11 AIBA executive committee members
who alleged he had "violated and continues to violate various
provisions of AIBA's Statutes and Codes".
AIBA has been riven with in-fighting for months, with Taiwan's
Wu pitted against most of the executive committee who failed to
remove him through a vote of no confidence in July.
(Reporting by Shrivathsa Sridhar in Bengaluru; editing by Clare
Fallon)
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