Wednesday 30 May 2018

ED may investigate AirAsia case; Venkataramanan denies any wrongdoing

Air Asia

The Enforcement Directorate (ED) has sought from the Central Bureau of Investigation (CBI) details of the case of alleged corruption filed against top executives of AirAsia, according to ED sources.

“We will analyse the case registered by the CBI to see if a fresh case has to be filed by us or what further action we can take,” said an ED official. The CBI on Tuesday named AirAsia Group CEO Tony Fernandes and Tata Trusts’ R Venkataramanan for allegedly trying to subvert aviation laws for their joint venture AirAsia India by bribing government officials.

The ED is already probing corporate lobbyist Deepak Talwar, the middleman named in the CBI FIR, in a case of alleged money laundering and had raided several premises linked with him a week ago.

Both AirAsia and Venkataramanan have denied the charges, saying the accusations were made with mala fide intention and will be defended in court.

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