Will Tony Fernandes turn up in India in response to the summons?

Zakir Naik refused to return to India, claiming that India had an unjust system.

What will Tony Fernandes do?

India summons Tony Fernandes in money laundering probe

FMT Reporters – January 16, 2020 7:42 PM

PETALING JAYA: Indian investigators have summoned AirAsia CEO Tony Fernandes in connection with a money laundering case filed in 2018, according to reports.

The Enforcement Directorate (ED), the government agency responsible for fighting commercial crimes, had filed a case under India’s anti-money laundering law as well as under the Foreign Exchange Management Act (FEMA).

The case relates to allegations that AirAsia tried to manipulate government policies in order to get a licence for AirAsia India Limited.

Prominent Indian tycoon Cyrus Mistry had alleged that fraudulent transactions of Rs220,000,000 (RM12.6 million) involving non-existent entities in India and Singapore were carried out involving the airline.

Besides Fernandes, ED named AirAsia’s former deputy CEO Tharumalingam Kanagalingam, and AirAsia India director R Venkataramanan.

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