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Image Credit: Shortpedia

Air Asia CEO Tony Fernandes summoned by ED in connection with 2018 money laundering probe

Shortpedia

Content Team

The Enforcement Directorate issued summons to Malaysian airline Air Asia’s senior management, including Malaysia based CEO Tony Fernandes, on Thursday in connection with a money-laundering probe that began in May 2018. Air Asia is accused of conspiring with government officials to secure the Foreign Investment Promotion Board (FIPB) clearance. The CBI has started a corruption probe in the matter.