SC examines allegations against Airasia and Airasia X

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SC examines allegations against Airasia and Airasia X
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SC examines allegations against Airasia and Airasia X thesundaily Malaysia AirAsia

The Securities Commission Malaysia says it will examine the statement of facts in the case of Regina vs Airbus SE which disclosed several allegations against AirAsia Group Bhd and AirAsia X Bhd.

He noted under s317A of the Capital Markets & Services Act 2007, a director of a public listed company who does anything with the intention of causing wrongful loss to the PLC or its related corporation commits an offence which is punishable with imprisonment and a fine. It was referring to the article entitled “AirAsia directors/staff got RM240 mil bribe from Airbus, court docs say” on the Focus Malaysia website as well as other articles in the press regarding the “Deferred Prosecution Agreement” entered into by Airbus SE and the SFO on Jan 31, 2020.

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