Shameless Syed Zaid Albar had resigned and bowed out as chairman of SC in disgrace. Thanks God that today is his last day as chairman of SC.
AirAsia Ordered 400 Aircraft From Airbus
In July 2016 it was an international news in the airlines industry that AirAsia had placed a slew of order for airbuses to the tune of a few hundred from Airbus SE. To be precise, AirAsia ordered an additional 100 Airbus from its existing orders of 300! The then CEO of Airbus, John Leahy, and Tony Fernandes of AirAsia were ebullient on the said orders, HERE. Of course, Tony Ferenandes was then the star of the big airshow in Farnborough and other parts of the world. With such big orders, Tony was the super hero and admired by many in the airline industries throughout the world.
Airbus representatives and Kamaruddin Meranun of AirAsia were on a publicity blitz over the said orders and even had a well publicised signing ceremony held in Kuala Lumpur. At the material time, Tony Fernandes and Kamaruddin Meranun, the supremos of PN17 AirAsia, were the stars which no others airline executives in the world could emulate.
At that material time, little did the world know that the slew of orders for aircraft by AirAsia was a quid pro quo whereby AirAsia’s two criminals known as executives 1 and 2 had been paid been paid more than RM200 million in bribes by Airbus. Please read the UK Crown Court Judgement in “Now Everyone Can Defraud AirAsia Shareholders”.
It is unclear that out of the 400 Airbus ordered, how many have been delivered and how many remained outstanding.
Airbus Had Admitted In The UK Crown Court To Have Paid More Than RM200 Million To Two Criminals Executives 1 & 2 of PN17 AirAsia For Aircraft Orders
In late January 2020 the UK Crown Court had adjudged that two criminals known as executives 1 and 2 of PN 17 AirAsia had received bribes of more than RM200 million from Airbus in exchange of aircraft orders. Airbus had admitted in the UK Court of having paid the said bribes to the said two criminals in PN AirAsia. Airbus was penalised with a fine of
