{"id":336019,"date":"2020-02-05T11:06:18","date_gmt":"2020-02-05T05:36:18","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=336019"},"modified":"2020-02-05T11:29:30","modified_gmt":"2020-02-05T05:59:30","slug":"airasias-tony-fernandes-steps-aside-amid-airbus-bribery-probe-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airasias-tony-fernandes-steps-aside-amid-airbus-bribery-probe-2\/","title":{"rendered":"AirAsia\u2019s Tony Fernandes steps aside amid Airbus bribery probe"},"content":{"rendered":"<p>AirAsia\u2019s chief executive Tony Fernandes has stepped aside from the company while authorities probe unusual payments at the Malaysian carrier, as the fallout from a $4 billion bribery fine at Airbus reverberates across the industry. <\/p>\n<p>The shock decision came after Britain\u2019s Serious Fraud Office (SFO) released details of a probe that found individuals associated with the planemaker had paid to secure deals with AirAsia and its long-haul unit AirAsia X. Fernandes and executive chairman Kamarudin Meranun said in a statement late on Monday, \u201cWe are relinquishing our executive roles with immediate effect for a period of two months, or such other period that the companies may deem fit.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AirAsia\u2019s chief executive Tony Fernandes has stepped aside from the company while authorities probe unusual payments at the Malaysian carrier, as the fallout from a $4 billion bribery fine at Airbus reverberates across the industry. The shock decision came after Britain\u2019s Serious Fraud Office (SFO) released details of a probe that found individuals associated with the planemaker had paid to secure deals with AirAsia and its long-haul unit AirAsia X. Fernandes and executive chairman Kamarudin Meranun said in a statement late on Monday, \u201cWe are relinquishing our executive roles with immediate effect for a period of two months, or such [&hellip;]<\/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":[130],"tags":[],"class_list":["post-336019","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/336019","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=336019"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/336019\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=336019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=336019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=336019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}