Full statement by AirAsia's Kamarudin Meranun and Tony Fernandes on their decision to temporarily relinquish their executive roles. FMTNews AirAsia
We refer to the Deferred Prosecution Agreement entered into by Airbus SE and the UK Serious Fraud Office on Jan 31, 2020.
The investigation by the SFO which reportedly took four years did not even once reach out to us for any explanation or clarification.We categorically deny all allegations of wrongdoing or misconduct on our part as executives and directors of AirAsia. Throughout the period we were shareholders in Caterham, the company made no profits and was eventually disposed for £1 in 2014. From start to finish this was a branding exercise and not a venture to make profits.
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