AirAsia denies wrongdoing in dealings with Rolls-Royce
AirAsia has denied wrongdoing after an inquiry into corruption at Rolls-Royce found that the engine maker failed to prevent its employees from bribing an AirAsia executive with a US$3.2m discount for the maintenance of a private jet part-owned by Tony Fernandes, the airline’s co-founder. The UK’s Serious Fraud Office charged that Rolls-Royce failed to prevent staff from paying a credit “despite those employees believing that, in consequence, the AAG executive intended to perform a relevant function improperly.” This discount was given at the request of an AirAsia executive in return for his “showing favour” towards Rolls-Royce in the purchase of products and services, said the SFO. AirAsia’s denial comes after Rolls-Royce last week admitted a string of bribery and corruption offences stretching over 23 years. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-01-23/unaligned/airasia-denies-wrongdoing-in-dealings-with-rolls-royce
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AirAsia denies wrongdoing in dealings with Rolls-Royce
AirAsia has denied wrongdoing after an inquiry into corruption at Rolls-Royce found that the engine maker failed to prevent its employees from bribing an AirAsia executive with a US$3.2m discount for the maintenance of a private jet part-owned by Tony Fernandes, the airline’s co-founder. The UK’s Serious Fraud Office charged that Rolls-Royce failed to prevent staff from paying a credit “despite those employees believing that, in consequence, the AAG executive intended to perform a relevant function improperly.” This discount was given at the request of an AirAsia executive in return for his “showing favour” towards Rolls-Royce in the purchase of products and services, said the SFO. AirAsia’s denial comes after Rolls-Royce last week admitted a string of bribery and corruption offences stretching over 23 years. <br/>
