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

Shortpedia

Content Team
Image Credit: Shortpedia

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.