"I will never box for them again," Conlan said. "They're cheating b*******, they're paying everybody.
"I don't give a f*** about swearing on TV. I'm here to win Olympic gold and my dream has been shattered.
"But you know what, I've got a great career ahead of me, but they [AIBA] are known for being cheats and they'll always be cheats.
"Amateur boxing stinks from the core right to the top."
The International Boxing Association (AIBA) has vehemently rejected the claims after the surprise unanimous points decision.
"Michael is a current world champion and he came here with high expectations," said an AIBA spokesman said.
"His disappointment is massive, we can all understand that. It's his personal judgment.
"AIBA is striving for a fair, level-playing field. The idea is not to benefit one country towards another. We represent 200 national federations.
"These statement are foundress, but he's free to have his opinion."