President of the International Boxing Association (AIBA) Ching-Kuo Wu has agreed to step down as head of the world amateur boxing association.
In a joint statement on AIBA’s website, it was announced that the two parties had come agreed to “withdraw and terminate” all legal and disciplinary matters.
“International Boxing Association (AIBA) and Mr Ching-Kuo Wu announced today (November 20) that they have amicably agreed to resolve the management issues within AIBA and to withdraw and terminate all related pending procedures before civil courts and AIBA Disciplinary Commission,” the statement read.
“Both parties agreed that at this
