Trouble seems to be mounting for international airline Air Asia as Enforcement Directorate on Thursday summoned the entire top management of the airline in connection with a money laundering case.
India Today TV has learnt that Air Asia Group CEO Tony Fernandes has been asked to appear before the ED on January 20.
The financial probe agency has also summoned Tharumalingam Kanagalingam alias Bo Lingam, (Group President) Air Asia Airlines, and businessman Arun Bhatia, who was earlier holding substantial equity in Air Asia.
Senior group executives S Ramadorai, Naresh Algan and Mittu Chandiliya (former Air Asia CEO) have also been asked by the agency to join the probe.
The ED had earlier registered a PMLA (Prevention of Money Laundering Act) case against Air Asia after CBI filed an initial complaint.
Sources said ED is probing certain transactions that were made to a Singapore firm. ED is also probing another transaction with an alleged Indian 'ghost firm' which did not have any government filings.
16/01/20 Munish Chandra Pandey/India Today
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India Today TV has learnt that Air Asia Group CEO Tony Fernandes has been asked to appear before the ED on January 20.
The financial probe agency has also summoned Tharumalingam Kanagalingam alias Bo Lingam, (Group President) Air Asia Airlines, and businessman Arun Bhatia, who was earlier holding substantial equity in Air Asia.
Senior group executives S Ramadorai, Naresh Algan and Mittu Chandiliya (former Air Asia CEO) have also been asked by the agency to join the probe.
The ED had earlier registered a PMLA (Prevention of Money Laundering Act) case against Air Asia after CBI filed an initial complaint.
Sources said ED is probing certain transactions that were made to a Singapore firm. ED is also probing another transaction with an alleged Indian 'ghost firm' which did not have any government filings.
16/01/20 Munish Chandra Pandey/India Today
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