The Enforcement Directorate has summoned AirAsia chief executive officer (CEO) Tony Fernandes on 20 January in an ongoing probe against the airline. Summons has been issued to the entire top brass of the airline, both past, and present, under the Prevention of Money Laundering Act (PMLA).
The action against Fernandes comes more than a year after both the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) launched their respective probes in alleged financial irregularities and criminal misconduct when the airline was lobbying to obtain its license for its Indian operations.
In May 2018, the ED had filed a case of money laundering against AirAsia officials and others for allegedly trying to manipulate government policies through corrupt means to get an international license for its Indian venture – AirAsia India Limited.
In June 2018, the ED widened its probe into the AirAsiamoney laundering case after collecting documents from the Ministry of Commerceand Industry related to foreign direct investment (FDI) clearances given to theairline.
The probe agency had pressed charges under the PMLA to probethe trail of funds that were allegedly used to create illegal assets, followingthe case registered by the CBI against the airline and Fernandes.
The CBI had searched offices of AirAsia India and filed acomplaint against Fernandes for allegedly lobbying the government for overseasflight permits and violating rules that prevent foreign airlines fromcontrolling Indian operators.
CBI's first information report stated that the violationsoccurred from 2013 to 2016, before the government eased restrictions on Indianairlines starting overseas flights in June 2016.The AirAsiaspokesperson was not available for comment on the matter.
