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It also said the IOC completely ignored the involvement of former boxing boss and then-IOC member CK Wu, who was banned for life by the AIBA, now the IBA, in 2018, for the association’s financial and governance problems dating back to 2016.
"The delegates did not support the decision unanimously taken by the Association Council regarding immediate withdrawal from the IBA (formerly AIBA)," said a statement on the SwissBoxing website.
Source: https://www.insidethegames.biz/articles/1140206/swiss-boxing-rejoin-iba-after-u-turn
The world championships have lost their usual status as a qualifier for the Olympics after the IBA, then known as AIBA, was suspended by the International Olympic Committee in 2019.