PETALING JAYA: AirAsia X has formed a board committee to review corruption allegations by Britain’s Serious Fraud Office (SFO), a filing with Bursa Malaysia showed yesterday.
Reuters reported the committee will comprise non-executive members of the board excluding Kamarudin Meranun and Tony Fernandes, co-founders of its parent company AirAsia Group.
AirAsia Group said on Monday it had also set up a committee to review the allegations and that chief executive officer Fernandes and chairman Kamarudin would step aside for at least two months while the airline and authorities investigate the allegations.
Fernandes and Kamarudin have denied any wrongdoing.
The SFO had alleged on Friday that Airbus paid a bribe of US$50 million to executives linked to AirAsia and AirAsia X to win plane orders.
It said Airbus sponsored a sports team owned by AirAsia executives while negotiating airplane orders.
“The committee’s main objective will be to review the allegations therein so far as it concerns (AirAsia X), and to take any necessary action, which includes the appointment of an independent expert,” Reuters quoted the filing as saying.
It said the committee will manage all matters in relation to the review. - FMT
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