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AirAsia CEO Tony Fernandes and chairman step aside as Airbus bribery allegations probed

KUALA LUMPUR : AirAsia Group CEO Tony Fernandes and Chairman Kamarudin Meranun will step aside for at least two months while the airline and authorities investigate allegations Airbus paid a bribe of $50 million to win plane orders from the company.

A committee comprising the non-executive members of AirAsia’s board will review the allegations and take any necessary action, Asia’s biggest budget airline said on Monday.

Source: Livemint