Securities Commission to examine allegations made against AirAsia

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Securities Commission to examine allegations made against AirAsia
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PETALING JAYA: The Securities Commission Malaysia (SC) will be examining the allegations made against AirAsia Group Bhd and AirAsia X Bhd.

"The statement of facts in the case of Regina vs Airbus SE discloses several allegations against AirAsia Group Bhd and AirAsia X Bhd.

In an investigation by the United Kingdom's Serious Fraud Office's into Airbus, the airline manufacturer had reportedly paid and offered millions of dollars to sponsor a sports team linked to two unnamed executives described as"key decision-makers" at AirAsia and AirAsia X. AirAsia has denied allegations that it acted improperly when it bought aircrafts from Europe's Airbus SE years ago.

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