The money is just an 'investment,' say officials
(NEWSER) - A boxing official made arrangements to "sell" two 2012 Olympic gold medals to the Azerbaijani team for $10 million, according to an investigation by the BBC . Millions of dollars in secret payments have already been made to international boxing organization World Series Boxing, sources say. In exchange, the head of the group promised that the Azerbaijani fighters would win two boxing gold medals at the London 2012 Olympics, according to sources. Lawyers have called the charges "preposterous and utterly untrue," even though the International Amateur Boxing Association, which runs the WSB, admits that an Azerbaijani foreign minister has paid $9 million to one of its competitions as an "investment." More»
