Kuala Lumpur: AirAsia CEO Tony Fernandes has temporarily stepped down while Malaysias anti-corruption commission investigates alleged bribes paid by European aircraft manufacturer Airbus.
Besides Fernandes, the airlines' Executive Director Kamarudin Meranun also stood down on Monday night, reports Efe news.
"Kamarudin Meranun and CEO Anthony Francis Fernandes, have notified the Committee that they will relinquish their executive positions within the Group, effective immediately, for a period of two months or such other period that the Company may deem fit," an AirAsia statement said.
The airline added that "as advisors, they will not have executive authority within the Group".
The announcement comes after Airbus announced last week it had reached agreements with French, British and American authorities to pay fines in connection with open investigations for suspected bribes and corruption.
However, the Malaysian anti-corruption commission said it remained in contact with British authorities to investigate the allegations.
04/02/20 daijiworld
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Besides Fernandes, the airlines' Executive Director Kamarudin Meranun also stood down on Monday night, reports Efe news.
"Kamarudin Meranun and CEO Anthony Francis Fernandes, have notified the Committee that they will relinquish their executive positions within the Group, effective immediately, for a period of two months or such other period that the Company may deem fit," an AirAsia statement said.
The airline added that "as advisors, they will not have executive authority within the Group".
The announcement comes after Airbus announced last week it had reached agreements with French, British and American authorities to pay fines in connection with open investigations for suspected bribes and corruption.
However, the Malaysian anti-corruption commission said it remained in contact with British authorities to investigate the allegations.
04/02/20 daijiworld
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