Air Asia CEO Tony Fernandes Booked by CBI For Violating Rules While Obtaining License
As per the CBI complaint, Fernandes allegedly lobbied with government servants for clearances, removal of existing 5/20 rule of aviation and change in regulatory policies.
New Delhi, May 29: Domestic carrier Air Asia has landed in soup as the airline's chief executive officer (CEO) Tony Fernandes has been booked for violating the rules while obtaining operational license. The FIR against him has been registered by the Central Bureau of Investigation.
The CBI complaint also names renowned aviation consultant Deepak Talwar. The probing agency is also conducting raids at six locations in Delhi, Mumbai and Bengaluru in connection to the case, official said.
The case relates to alleged violation of norms by directors of the aviation company for relaxation of 5/20 rules in the aviation sector to get licenses for international operations, as well as violation of Foreign Investment Promotion Board (FIPB)rules, they said.
The 5/20 rule means that a company needs five years of experience and 20 aircraft to become eligible for the license, the officials said.
Besides Anthony Francis “Tony” Fernandes, Group CEO Air Asia Malaysia, the company Air Asia, Travel Food owner Sunil Kapoor, Air Asia Director R Venkatraman, aviation consultant Deepak Talwar, Director of Singapore-based SNR Trading Rejendra Dubey and unidentified public servants have been named in the FIR.
As per the CBI complaint, Fernandes allegedly lobbied with government servants for clearances, removal of existing 5/20 rule of aviation and change in regulatory policies.
(With PTI Inputs)
(The above story first appeared on LatestLY on May 29, 2018 03:31 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).