IOC 'worried' for Olympic boxing body, organized crime links

LAUSANNE, Switzerland (AP) - The IOC says it is "extremely worried" about the governance of Olympic boxing body AIBA, whose new interim president has been linked to organized crime by United States federal authorities.

The International Olympic Committee's executive board will "decide on further measures" at a meeting next weekend in South Korea which was already due to discuss AIBA's issues, including an ongoing funding freeze.

On Saturday, AIBA named its longest-serving vice president, Gafur Rakhimov of Uzbekistan, as leader until November elections in Moscow.

Rakhimov was described by the U.S. Treasury Department last month as "an important person involved in the heroin trade" connected to the "Thieves-in-Law" crime group.

The Treasury Department's Office of Foreign Assets Control froze Rakhimov's assets in American jurisdiction and prohibited Americans "conducting financial or other transactions" with him.