Monday, January 04, 2021

Air India pilot unions object to director's continuation due to 'conflict of interest'

Mumbai: Air India's pilot unions IPG and ICPA on Monday urged the airline to replace its Director (Commercial) Meenakshi Mallik alleging that her continuation on the post amounts to "conflict of interest" as she has submitted bid for the company as head of the employee consortium. Replying to the allegation, Mallik told she has already recused from the board meet on disinvestment, and is involved only in the day-to-day functioning of the airline.

"On November 30, I wrote to the chairman and the board that I am participating in the bids, I will recuse myself from the board whenever any discussion pertaining to the disinvestment comes up," Mallik said.

Stating that she is involved only in the day-to-day functioning of the airline, Mallik said, "I have no idea about the letter. As far as putting bids is concerned, the Government of India has given me the rights to bid and I am only following that."

Mallik said that in the preliminary information memorandum (PIM) issued on January 20 last year, the government allows participation of the full-time directors at the airline in the bidding process.

On December 14, which was the deadline for submitting bids, the government said it had received multiple expressions of interest for the strategic disinvestment of Air India. But, it did not disclose the participant names. However, sources had said that Tata Sons, a group of Air India employees headed by Mallik and a US-based firm Interups Inc had put in bids.

04/01/21 Economic Times

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