Two AirAsia chiefs will step aside for at least two months as authorities and the airline look into claims that aerospace giant Airbus paid the company USD 50 million to secure a plane order. <\/p>\n
Airbus said last week it had agreed to set aside up to 3.6 billion euros to settle a corruption probe by authorities in France, Britain and the United States. <\/p>\n
As news of the probe widened, the Malaysia-based AirAsia was named in a bribery investigation by Britain’s Serious Fraud Office (SFO), allegedly implicating two company executives. <\/p>\n
In a late Monday filing on Malaysia’s stock market, the budget carrier said its chief executive Tony Fernandes and executive chairman Kamarudin Meranun would leave their positions immediately.<\/p>\n","protected":false},"excerpt":{"rendered":"
Two AirAsia chiefs will step aside for at least two months as authorities and the airline look into claims that aerospace giant Airbus paid the company USD 50 million to secure a plane order. Airbus said last week it had agreed to set aside up to 3.6 billion euros to settle a corruption probe by authorities in France, Britain and the United States. As news of the probe widened, the Malaysia-based AirAsia was named in a bribery investigation by Britain’s Serious Fraud Office (SFO), allegedly implicating two company executives. In a late Monday filing on Malaysia’s stock market, the budget […]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-335496","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/335496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=335496"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/335496\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=335496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=335496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=335496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}