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    AirAsia CEO Tony Fernandes steps aside amid bribery probe

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    AirAsia's colourful chief executive Tony Fernandes has stepped aside from the company while authorities probe unusual payments at the Malaysian carrier, as the fallout from a $4 billion bribery fine at Airbus reverberates across the industry. The shock decision came after Britain's Serious Fraud Office (SFO) released details of a probe that found individuals associated with the planemaker had paid to secure deals with AirAsia and its long-haul unit AirAsia X.

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    The Economic Times