AirAsia chief Tony Fernandes steps aside during Airbus probe

ft.com

AirAsia owner Tony Fernandes has stepped aside as chief executive after UK authorities pulled the Malaysia-based airline into a bribery investigation targeting Airbus.


In a statement to the Malaysian stock exchange on Monday, the company said Mr Fernandes and Kamarudin Meranun, his longtime business partner and executive chairman, would “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”.


Read full story: ft.com

Posted: 4 Feb 2020 15:46:26

  
  

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