The International Boxing Association (AIBA) today announced that the District Court of Lausanne has ruled to uphold the decision to revoke Wales' Terry Smith’s position on its Executive Committee.
This is in application of the AIBA statutes and bylaws, according to a statement from the world governing body.
Smith is one of the leading figures behind the Interim Management Committee (IMC), the group set up in an attempt to oust C K Wu as AIBA President.
The original decision to withdraw his position had been contested by Smith, a challenge found groundless by the Court.
Smith will no longer be considered a member of the AIBA Executive Committee with immediate effect.
Last month, Smith, who had written to Wu and other senior members of AIBA to request answers to concerns raised by AIBA’s financial director Rob Garea, was removed from the Executive Committee.
In a letter to Executive Committee members, seen by The Guardian, Garea raised worries about AIBA’s spending.
Smith wrote in his letter to Wu that "the contents of the finance director’s letter to EC (Executive Committee) members have given me great concern for the future of AIBA because it implies there may be serious deficiencies or irregularities in finance and governance".
Wu responded by claiming he had commissioned a review to improve AIBA’s corporate governance.
He claimed Smith was removed from his position because he was no longer an honorary member of Welsh Boxing.
Smith was among the 13 of 15 members of the ruling AIBA Executive Committee that opposed Wu at a meeting in Moscow last month before setting up the rival IMC in a bid to bring about his removal.
An Extraordinary General Assembly is likely to be held in October in Lausanne at which national governing bodies - as statutes dictate - will decide on whether Wu retains his position.
Wu insisted on Wednesday (August 23) that all members of the IMC will be free to attend the ongoing AIBA World Championships here following claims that some had been denied accreditation.
The Swiss courts are expected to rule next month on who has the right to run the body.
The IMC have vowed to "meet National Federations in Hamburg to explain the details of Wu's mismanagement at AIBA".
They claim 81 Federations, including China, Russia and the United States, have written to them "expressing their support for the impeachment of Wu in November".
This has been rejected by Wu and AIBA, however, who claim that many of these amount to nothing more than a name of a country on a piece of paper.
He claims to have received 30 letters of support from National Federation Presidents.
Several countries, including Kazakhstan, appear to be being cited as supporters of each side.
Wu is missing several days of these World Championships in order to attend the National Games of China in Tianjin alongside International Olympic Committee President Thomas Bach.
In 2013, when Smith was chairman of the Welsh Amateur Boxing Association, an independent audit found the national governing body was "unfit for purpose" and should not continue to receive public funding.
Among the findings by the auditors KTS Owens Thomas was that due to the "absence of sufficient financial records" they could not satisfy themselves there "was no fraud".
Smith denied the allegations and blamed the poor financial record keeping on the fact the organisation was run by unpaid volunteers who did not have formal training.
insidethegames has contacted the IMC for comment.