AirAsia names acting chief following probe into bribery allegations against the airlines

Malaysia-based AirAsia has announced it has appointed Bo Lingam as acting chief executive, after founders Tony Fernandes and Kamarudin Meranun undertook a temporary step-down to facilitate an independent probe into bribery allegations against the airlines, the company said.

Lingam is currently the group´s president for airlines and will serve in the acting role for two months or such other period that the company may deem fit, following the founders´ announcement that they would step down from their roles as group chief executive and group chairman for two months.

Airbus is being investigated for allegations of corruption over securing orders, and UK court documents list five counts of failing to prevent bribery, including one of activity linked to AirAsia.

The airline has denied any wrongdoing.

The Malaysian Aviation Commission (MAVCOM) is also conducting its own assessment on the fitness and propriety of the airline executives.