Two bouts earlier, Japan's bantamweight Satoshi Shimizu, trailing by seven points going into the last round against Magomed Abdulhamidov, knocked the Azerbaijani down six times, the first of which he struggled to get up from.
The judges scored the round 10-10, handing Shimizu two extra points for a warning against Abdulhamidov, who propped himself up against the top rope as the referee raised his hand in victory.
The 25-year-old fighter was helped out of the ring by his trainer and Shimizu's team appealed the outcome.
The Japanese boxer's team leader Masamori Yamane accused the referee of trying to support Abdulhamidov by attempting to fix his headgear.
After deliberating for over an hour, AIBA said that under its rules, the referee should have given the Azerbaijani fighter "at least" three standing counts which would have resulted in the contest being stopped.
They, therefore, overturned the result, handing victory to Shimizu, who was staggered by the original decision hours earlier.
"I was shocked about the result. He fell down so many times. Why didn't I win? I don't understand," Shimizu told reporters, adding he thought the referee should have stopped the fight with Abdulhamidov obviously groggy in the final round.
"This is the second Olympics I have attended and even in Beijing I wasn't happy about the judgement, so I don't know what to do about that. I am really not happy about that."
AIBA officials will consider on Thursday whether to sanction the referee in Shimizu's bout, the association said in a statement.
In December last year, an AIBA-appointed investigation committee dismissed allegations that Azerbaijan was promised two boxing gold medals the London Olympics in exchange for a $10-million loan to the sport's ruling body.
In a statement released at the time, the Special Investigation Committee (SIC) said the report aired on September 23 on the British broadcaster the BBC's Newsnight program was "groundless and unsupported by any credible evidence".
Before sitting down to commentate on the session for British radio, former world heavyweight champion Lewis said he was impressed by the talent on show but had concerns about the judging.
"What I'm concerned about is probably the judging. You never know who is going to win until the end of the fight," said Britain's Lewis, a dual citizen who won gold for Canada in 1988.
De internationale bond AIBA heeft de Turkmeense boksarbiter Isjanguly Meretnijazov van de Olympische Spelen geweerd. Dit werd vandaag bekendgemaakt.
In een partij in de derde ronde van het bantamgewicht in het olympisch bokstoernooi riep Meretnijazov de Azerbeidzjaan Magomed Abdoelhamidov uit als winnaar. Abdoelhamidov was in die partij echter zesmaal tegen het canvas geslagen door zijn opponent Satoshi Shimuzu uit Japan.
De Japanse bond diende met succes een protest in en Shimizu werd vervolgens alsnog uitgeroepen tot winnaar. Volgens de AIBA had de arbiter minimaal drie knock downs moeten tellen en als gevolg daarvan het duel moeten eindigen.
Ik noem een Tony van Heemschut,een Loeki Knol,een Brammetje Biesterveld en natuurlijk een Japie Stobbe !