Former Billionaire Stelios Turns Whistleblowing Into Bounty Hunting For Angry Shareholders - News Summed Up

Former Billionaire Stelios Turns Whistleblowing Into Bounty Hunting For Angry Shareholders


Stelios Haji-Ioannou WireImageSir Stelios Haji-Ioannou, the founder of low-cost airline easyJet and a former billionaire, has been criticised for his offer to pay a “reward” for internal information from staff that leads to a cancellation of a $5.5 billion Airbus order. He adds, “This reads very much as being in Stelios’ interest. Chairman of Easy Jet Stelios Haji-Ioannou at Liverpool's Anglican Cathedral, where he received an ... [+] honorary fellowship from Liverpool's John Moore's University. Samuels adds, “What Stelios has done here is absolutely appalling. As is acknowledged on all sides, it was grave,” describing the bribery as “endemic in two core business areas within Airbus.”Airbus have not commented on the allegations made by Sir Stelios Haji-Ioannou.


Source: Forbes May 17, 2020 12:11 UTC



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