AirAsia CEO Tony Fernandes, others booked by CBI


New Delhi, May 29 (PTI): The CBI has registered a case against AirAsia Group CEO Tony Fernandes and others over alleged violation of norms for getting international flying licenses, officials said on Tuesday.

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 AirAsia Malaysia, the company AirAsia, Travel Food owner Sunil Kapoor, AirAsia 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.

The searches are going on at six locations in Delhi, Mumbai and Bengaluru, the officials said.

AirAsia Group CEO Tony Fernandes allegedly lobbied with government servants for clearances, removal of existing 5/20 rule of aviation and change in regulatory policies, the agency has alleged.

  

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Comment on this article

  • Krishna Dasa, Udupi,.

    Wed, May 30 2018

    One day we beg for foreign investment and next day we use CBI to humiliate and chase foreign investors so one day When we really have to beg to feed our Billion plus population foreign investors may look other-side. Lord Krishna give wisdom to our leaders.

    DisAgree Agree [1] Reply Report Abuse

  • vijay, uae

    Tue, May 29 2018

    MR. MODI ND CBI .
    PLZ ARREST ADANI FOR VIOLATION MINES RULES IN GOA PORT...EXPORT SCAM
    AMBANI , FOR MAKING INDIAN GOVT FOOL BY....CHINA MOBILE ...IN JIO SCHEME. HOOK ND CROOK IDEA....TAX EVADED IN THIS SCHEME.

    DisAgree [4] Agree [21] Reply Report Abuse

  • S. Francis, Udupi

    Tue, May 29 2018

    There are two main reasons behind this CBI chargesheet is, our state airlines are not able to compete with Air Asia's lowest prices thus by influencing the government to force the CBI to file case against Tony and other. Alongwith this the most interesting thing is, our Pradhan sevak is on tour of Malaysia where Air Asis has its base. Got it. Yeh Andhar ki baat hai bhaiyya. Kuch tho hamara vikas keliye bhi dedo, aur chutkara paalo. Samajh mein aayi baat.

    DisAgree Agree [19] Reply Report Abuse

  • Mangalurian, Mangaluru

    Tue, May 29 2018

    Tony Fernandes is making it tough for the local airlines.

    It is obvious that the Gujarat Model investors in the local airlines are not making much money.

    DisAgree [2] Agree [32] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Tue, May 29 2018

    Sad to hear Tony Fernandes has also turned out to be a FEKU ...

    DisAgree [12] Agree [15] Reply Report Abuse

  • Langoolacharya, Belman / Washington,DC

    Tue, May 29 2018

    You don't jump to conclusions with allegations....let CBI prove the charges...

    ...JH...

    DisAgree [7] Agree [22] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Tue, May 29 2018

    He changed 5/20 rule to 420 ...

    DisAgree [4] Agree [11] Reply Report Abuse

  • Rathan, Mangalore

    Tue, May 29 2018

    Langoolachrya
    Now you it is only "allegation" if it is against politicians what is Ur opinion you wait for CBI report ?or start negative comments ?any relative ?

    DisAgree [11] Agree Reply Report Abuse

  • KA DSilva, Dubai

    Tue, May 29 2018

    Suit-Cases will be exchanged soon during Malaysia visit !!

    DisAgree [1] Agree [24] Reply Report Abuse

  • anil, kudla anne

    Tue, May 29 2018

    YOUR MASTER BJP PM MODI.
    IS BEST JUMPING LEADER. HE IN RADIO mann ki baath{ monkey bath} ..jumps like feku bhashan.
    cbi is his strength. law is blind for him transfers all judges his convenietn.

    DisAgree Agree [12] Reply Report Abuse


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