The AirAsia X committee will comprise non-executive members of the board excluding Datuk Kamarudin Meranun and Tan Sri Tony Fernandes, who are co-founders of its parent company AirAsia Group, the filing with the Bursa Malaysia said.
AirAsia Group said on Monday it had also set up a committee to review the allegations and that CEO Fernandes and Chairman Kamarudin would step aside for at least two months while the airline and authorities investigate the allegations.Britain’s SFO on Friday alleged that planemaker Airbus paid a bribe of US$50 million to executives linked to AirAsia and AirAsia X to win plane orders.
The SFO said Airbus sponsored a sports team owned by AirAsia executives while negotiating airplane orders. “The committee’s main objective will be to review the allegations therein so far as it concerns , and to take any necessary action ... which includes the appointment of an independent expert,” the airline said.Related stories
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Malaysia’s aviation authority to see if AirAsia, sister company broke laws on Airbus claims | Malay MailKUALA LUMPUR, Feb 3 — The Malaysian Aviation Commission (Mavcom) will assess if executives from local budget airline AirAsia and its long-haul sister company AirAsia X violated the Malaysian Aviation Commission Act 2015 as well as the commission’s guidelines concerning graft allegations on...
Source: malaymail - 🏆 1. / 86 Read more »
AirAsia says was never approached by UK Serious Fraud Office over Airbus scandal | Malay MailKUALA LUMPUR, Feb 4 — AirAsia claimed today that it was ever reached out to even once by the UK Serious Fraud Office (SFO) during the four-year investigation regarding the Airbus scandal for any explanation or clarification. In a statement, AirAsia chairman Datuk Kamarudin Meranun and AirAsia...
Source: malaymail - 🏆 1. / 86 Read more »
Graft scandal highlights cosy AirAsia-Airbus ties | The Malaysian Insight2014 Farnborough deal for 50 jets, sports team sponsorships among the agreements reached in happier times, reports Bloomberg. It’s all business world ? And what us the real definitions of bribes and corruptions by the rules of laws ? If it for self interest or the cooperate interest ? It been the norm practices in contract to offer discount packages and negotiation the best shall win !
Source: msianinsight - 🏆 8. / 63 Read more »
AirAsia's Fernandes denies Airbus bribe involving his former F1 teamNSTnation: “Throughout the period we were shareholders in Caterham, the company made no profit and was eventually disposed of for £1 in 2014. From start to finish, this was a branding exercise and not a venture to make profit.” AirAsia Airbus Formula1
Source: NST_Online - 🏆 17. / 53 Read more »
Airbus bribery scandal triggers new probes worldwidePARIS: Fallout from the Airbus bribery scandal reverberated around the world on Monday as the head of one of its top buyers temporarily stood down and investigations were launched in countries aggrieved at being dragged into the increasingly political row.
Source: NST_Online - 🏆 17. / 53 Read more »
Airbus bribery scandal triggers new probes worldwide2 co-founders of AirAsia, Asia's largest budget airline, denied any wrongdoing or misconduct. FMTNews Airbus
Source: fmtoday - 🏆 5. / 72 Read more »