Securities Commission to probe into AirAsia-Airbus graft scandal

Court documents filed in the UK name AirAsia and AirAsia X as being the recipients of a US$50 million bribe from Airbus to secure contracts to sell its aircraft worldwide. – EPA pic, February 2, 2020.

THE Securities Commission (SC) will examine allegations and review all evidence to determine whether securities laws were breached in the AirAsia-Airbus kickback scandal.

SC chairman Syed Zaid Albar said this is because both AirAsia Group Bhd and AirAsia X Bhd are public-listed.

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    Posted 4 years ago by Kinetica Cho