By: Air Traveller PH Staff
The AirAsia Group has named its acting Chief Executive Officer after its founders Tony Fernandes and Kamarudin Meranun temporarily steps down in the middle allegation that involves an issue regarding Airbus bribery moves. Bo Lingnam, the airline's President, will also serve as the group's temporary CEO for two weeks or maybe even more until, the airline group said in a Bursa Malaysia disclosure.
In a report from FlightGlobal, Airbus is under investigation for alleged corruption and bribery over securing orders from customers where one activity is linked to AirAsia.
Fernandes and Meranun announced on February 3 that they would temporarily relingquish their roles as CEO and Group Chairman for two months.
Though both Fernandes and Meranun were not named nor referenced in the court documents, the documents released after the UK Serious Fraud Office investigates the allegations that two "key-decision makers" at AirAsia and its long-haul subsidiary AirAsia X were "rewarded" through a sports sponsorship in exchange of a 180-aircraft order.
The AirAsia Group has denied such wrongdoing.
In a statement last February 4, Fernandes and Meranun said, "At the request of the board of AirAsia, we have agreed to continue to assist AirAsia, in an advisory capacity as and when required.”
Securities Commission of Malaysia (SCM) chairman Syed Zaid Albar said that it "has launched investigations into both AirAsia and AirAsia X to determine if there is any breach of securities laws”.
The Malaysian Aviation Commission (MAVCOM) and Malaysia's anti-corruption commission are also conducting their own respective probes on the matter.