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AirAsia appoints auditor to probe bribery allegations
AirAsia Group has appointed BDO Governance Advisory Sdn Bhd as the independent expert to probe bribery allegations of its top two executives.
AirAsia Group’s executive chairman Kamarudin Meranun and CEO Tony Fernandes stood down after allegations of bribery tied to the purchase of Airbus jets.
They were implicated in a UK Serious Fraud Office report as part of a global corruption investigation against the plane maker.
BDO was appointed by non-executive board members of AirAsia which had set up an independent committee to look at the allegations, according to a stock market filing to Bursa Malaysia.
The Malaysian Anti-Corruption Commission has been in contact with the SFO in the UK to collect facts and will then decide whether to proceed with a separate probe.
"We have not decided if there is a need to call them both. It will have to be decided after we go through the documents," said MACC chief commissioner Latheefa Koya.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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