Venkataramanan appears before ED in AirAsia probe

New Delhi: AirAsia India’s former director R Venkataramanan on Monday appeared before the Enforcement Directorate that is probing an allegation of money laundering against the airline’s part owner, Malaysia-based AirAsia Bhd, people with direct knowledge of the matter said.

Venkataramanan was the Tata Sons nominee on the board of AirAsia India, a joint venture between the Indian conglomerate and AirAsia Bhd. He stepped down as the managing trustee of the Tata Trusts in March last year and later exited AirAsia India.