Wu Ching-kuo

Wu Ching-kuo (Chinese: 吳經國; pinyin: Wú Jīngguó; born October 18, 1946) was the president of the International Boxing Association (AIBA), a post he held from 2006 to 2017.

Having been a member of the International Olympic Committee since 1988 (and thus representing the IOC in Taiwan, participating as Chinese Taipei),[1] he was elected to its executive board in 2012.

[2] After serious allegations of financial mismanagement and accounting irregularities were made against Wu, a motion was passed against him by AIBA's executive committee at a meeting in Moscow in July 2017.

When serving as an AIBA committee chairman, he proposed reforms such as increased marketing, new television contracts and the installation of scoreboards to allow fans to see how judges score fights in real time.

[7][8] As the president of AIBA, Wu believed Cuba's historic first professional boxing bout in more than 50 years proves yet again to IOC members that he can deliver.

[9][10] During Wu's seventh trip to Africa in less than 10 years, he has established a relationship with his African colleagues since he became an IOC member 25 years ago, the longest tenure of any of the six hopefuls, he said “The Olympic Games have taken place on all five continents but Africa, and therefore I will do my utmost to help bring about an African Games.”[11][12] There were two highly controversial decisions in the 2016 Summer Olympics where the widely regarded winners of the matches were judged to have actually lost the match.

Instead of promising to look into the issue concerning the judges and making public statements about cleaning up his organization Wu responded with the following to AP journalist Greg Beacham: "He immediately showed his finger to the referee-judges.

US head coach Billy Walsh was quoted by the Guardian as saying that he believed the decisions made at these Olympics were the worst since Roy Jones Jr infamously lost a light-middleweight final in 1988 that became a byword for scandal.

Under Wu, AIBA faces the risk of bankruptcy after investors demanded it immediately pays back millions of pounds in loans and investments it does not have.

International auditor KPMG refused to certify the accounts for two years 2015–2016, but finally signed these in April 2017 only after AIBA claimed its revenues would improve and promised a $10m loan repayment plan had been agreed with Benkons.