Diack resigns as athletics foundation president

(Reuters) - Former global athletics chief Lamine Diack, who is under investigation in France on suspicion of corruption and money-laundering, has resigned as president of the International Athletics Foundation (IAF), the IAAF said on Tuesday. The foundation is a Monaco-based charity best known for its work with the year-end world athletics gala in Monte Carlo. Prince Albert II of Monaco is honorary president of the foundation and Diack had been its president.