KUALA LUMPUR: Malaysian long-haul budget airline AirAsia X has formed a board committee to review corruption allegations by Britain’s Serious Fraud Office (SFO), a stock exchange filing showed on Wednesday. The AirAsia X committee will comprise non-executive members of the board excluding Datuk Kamarudin Meranun and Tan Sri Tony Fernandes, who are co-founders of its parent company AirAsia Group, the filing with the Bursa Malaysia said. Britain’s SFO on Friday alleged that planemaker Airbus paid a bribe of US$50 million to executives linked to AirAsia and AirAsia X to win plane 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,” the airline said. The committee will manage all matters in relation to the review, AirAsia X said.

Source: New Strait Times February 05, 2020 11:03 UTC