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AirAsia CEO Tony Fernandes booked, CBI carries out searches at six locations

AirAsia CEO Tony Fernandes booked, CBI carries out searches at six locations

Tony Fernandes

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The central investigation agency is carrying out searches at six location in Delhi, Mumbai and Bengaluru at properties belonging to the Malaysian carrier.

The Central Bureau of Investigation (CBI) has booked AirAsia Group CEO Tony Fernandes over alleged violation of norms to obtain an international flying licence.

The case relates to the 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 the 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.

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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 Rajendra 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.

Air Asia 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.

Air Asia operates international flights from several destinations in India to all across south-east Asia. Its domestic operations include daily flights from New Delhi. Bengaluru, Goa, Kolkata, Hyderabad and Ranchi.

(With inputs from PTI)