Monday, September 04, 2017

Bengaluru court orders probe into AirAsia India ex-CEO Mittu Chandilya

Bengaluru: A local court has ordered police to probe alleged irregularities by ex-Air Asia India chief executive officer (CEO) Mittu Chandilya when he was at the airline.
The Devanahalli court order came on a private complaint that accuses Mittu of at least two irregularities. Following the court's Friday order, the International Airport Police have registered a criminal case against Mittu and begun a probe under 14 different sections of the Indian Penal Code (IPC), including criminal conspiracy, forgery and falsification of accounts.
Police said Vinay Thakur, AirAsia India's legal head (Bengaluru), had filed the complaint before the court, in which he alleged that Mittu committed various irregularities during his tenure as CEO of the firm between May 1, 2013 and March 31, 2016, which resulted in huge losses for the firm.
The court has considered the petition and referred it to International Airport Police to conduct a detailed investigation into the matter.
AirAsia India is promoted by Tony Fernandes' AirAsia and the Tata Group,
According to the complaint, Mittu allegedly conspired with others and awarded an outdoor advertising contract to two private firms — HNR Trading Private Limited and Link — without following the due procedures at AirAsia India, for personal gains.
Thakur also alleged that Mittu released the money to these firms in just a month even before the tender process was complete. Also, he said, Mittu and his family availed air travel billed to the company in violation of company rules.
04/09/17 Times of India

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