KUALA LUMPUR (Feb 11): AirAsia Group Bhd and its sister company AirAsia X Bhd (AAX) said an independent expert has been appointed to assist in a review related to allegations of corruption against the company’s executives. In its filing to the stock exchange today, AAGB said the appointment of BDO Governance Advisory Sdn Bhd was done by its non-executive independent board committee. Earlier this month, on Feb 3, AAGB and AAX said both companies have formed a non-executive independent board committee comprising the non-executive members of the board. The main objective of it was to review the allegations and take any necessary actions based on the review. To recap, AirAsia Bhd and AAX were mentioned in the approved judgment and the statement of facts in relation to Regina v Airbus SE, dated Jan 31, 2020.

Source: The Edge Markets February 11, 2020 07:52 UTC