AirAsia Executive 1’s email To Airbus: “I WANT MY 16M NOW”!

 

John Leahy of Airbus and Tony Fernandes CEO of AirAsia Group at the 2014 Farnborough International Airshow. AirAsia was the biggest buyer for Airbus. Now Everyone Can Know Why – Tony Fernandes gave John Leahy a kiss!

Updates 5 February 2020 @ @ 2:50 pm:  There was another bribery scandal involving Rolls Royce and an executive of AirAsia Group and senior employee of AirAsia X in the case of between Serious Fraud Office v Rolls Royce PLC in UK Court. This case was also been investigated for four years by the same Serious Fraud Office (SFO) UK and Department of Justice of USA (DOJ).  A similar settlement with SFO and Statement of Facts have been filed in the UK Court.  This bribery scandal will be dealt with in the next article. Please stay tuned.

 

Two days ago AirAsia denied its involvement in the bribery scandals where Airbus SE had admitted in the Statement of Facts in the Regina v Airbus SE that Airbus had paid US$50 million (RM204 million) to the two directors of AirAsia and AirAsia X.  The two directors were identified as AirAsia Executive 1 and AirAsia Executive 2 in the Judgement / Verdict of the UK Crown Court, HERE.

In the said AirAsia press statement, the spin doctors chose to not to identify who were the AirAsia Executive 1 and 2 that was referred to in the said Judgement / Verdict.  The spin doctors in AirAsia were in great pain trying to spin AirAsia out from tight corner but chose to make no mention about the damning evidence in the said Judgement against the two directors of AirAsia and AirAsia X to whom Airbus had bribed them with payments totalling RM204 million, HERE.

Today the stock market reacted to the adverse publicities generated by the said UK Crown Court’s Judgement / Verdict dated 31 January 2020, and the share prices of AirAsia X tumbling down wiping out its market cap by RM4 billion, HERE.

Tony Fernandes & Kamaruddin Meranun Relinquishing Their Posts

 

Left: Tony Fernandes Right: Kamaruddin Meranun.  Who were the AirAsia executives 1 & 2 please?

To everybody surprise, after four days of the said adverse news broke out from the UK Crown Court,  the two top executives of AirAsia and AirAsia X suddenly broke their elegant silence to issue a five paragraphs press release to deny “ALL ALLEGATIONS OF WRONG DOING OR MISCONDUCT ON THEIR PART AS DIRECTORS OF AIRASIA”. Both Tony Fernandes and Kamaruddin Meranun opted to relinquish their post to facilitate the investigation by none other than AirAsia itself.  Both should be applauded for their magnanimous act!

Tony Fernandes and Kamaruddin Meranun did not specifically admitted that they are the AirAsia executives 1 and 2 as stated in the Grounds of Judgement of UK court and Statement of Facts. Malaysians are free to speculate who were the two directors or culprits identified as AirAsia executives 1 and 2 in the said Judgement / Verdict / Statement of Facts.

It is not unusual for the Board of Directors of a public listed company to appoint real independents persons like ex judges and persons of good repute not directly or indirectly associated with AirAsia or its directors to sit on the committee to investigate a scandal of such magnitude, bribery totalling RM204 million.

But in this case, the investigation will be carried out AirAsia itself!  The finding of such investigation will no doubt be of not much significant and it will be opened to the obvious criticism of a cover up. It is just a window dressing with the predominant purpose of fooling Malaysians.

The Statement of Facts As Attached To The Said Judgement – Not Allegations But hard Evidence

The cover page of the Statement of Facts which was part of the Judgement / Verdict of the UK Crown Court.

 

Yours truly posted below the full Statement of Facts which was prepared pursuant to paragraph 5 (1) of Schedule 17 to The Crime and Courts Act 2013 for the readers to read and decide who were the AirAsia Executive No: 1 and No: 2 as identified in the said Judgement / Verdict.  

It will be a good to start reading from page 12 of the said Statement of Facts – IV. Count 1 (MALAYSIA) from paragraph 41 until page 19, paragraph 87.

Yours truly would like to highlight a few important paragraphs:

AirAsia Executive 1 and 2 Key Decision Makers in AirAsia & AirAsia X

Paragraph 41 at page 11 of the said Statement of Facts stated as follows:

Serious Fraud Office “SFO

“While the SFO has reviewed the Airbus material, it has, as far as is possible, independently sourced information to confirm or challenge the information provided to it. The SFO has instituted an independent procedure to interrogate and examine Airbus documents provided to test the veracity and completeness of the provision of those documents. “ said the Learned Crown Court Judge,

The facts given by Airbus and other facts were tested before incorporated into the Statement of Facts filed in the UK Crown Court as part of the evidence for the  UK Crown Court to examine and reach the verdict.

Therefore, after the Judgment by the Crown Court on 31 January 2020 whatever contained in the findings of the Learned Judge or Statement of Facts are FACTS not allegations. Unfortunately they are still a few so-called “journalists” or mercenaries who were in great pain to also spin the Hard Evidence of BRIBERY by stating they were “Allegations” for reasons best known to them.  Hopefully this will put a stop to the spinning by the mercenaries on the Hard Evidence of bribery.

Let us move on to examine other damning paragraphs of HARD EVIDENCE in the Statement of Facts.

The Undisputed Evidence In Statement Of Facts

The press statements by the spin doctor in AirAsia and/or Tony Fernandes / Kamaruddin Meranun did not specifically touch on any of the FACTS or EVIDENCE in the Learned UK Crown Court Judge’s Judgment / Verdict. The Spin doctors in AirAsia please have a bit of self respect and pride and don’t be mercenaries to defend the culprits not only through press statement but their personal Facebook posting without basis.

Paragraph 44 of the Statement of Facts sated as follows:

AirAsia Executive 1 and AirAsia Executive 2 were key decision makers in AirAsia and AirAsia X, and were rewarded in respect of the order of 180 aircraft from Airbus. The payments to the Sport team were intended to secure or reward improper favour for them in respect of the business.

Nevertheless yours truly will leave it to you to read and decide for yourself on the facts stated in the said Statement of Facts against the press statements by AirAsia and Tony Fernandes and Kamaruddin Meranun.

Paragraph 53 – This is the most damning evidence!

It was an email from AirAsia Executive 1 to Airbus employee 1 (senior) as follows (verbatim):

“Honestly [Airbus employee 1 [senior] ] I’m fed up. You owe me 4 million already and I am owed 16 million in total. This shd have been pauid ages ago when I bought the first 60 aircraft. I want my money and I want compensation … pay up. I want my whole 16 million now.

Please take note:  In the said email of AirAsia Executive 1, he personally bought purchased the 60 aircraft from Airbus and demanded to be paid “his  US$16 million”!  He clearly stated “MY MONEY” not the money for AirAsia. How blatant could one be! If this was not a clear bribery / corruption case then what is.

Paragraph 54:

Where AirAsia Executive 1 complained to Airbus employee 2 correspondence between Airbus employees where Airbus employee 1 [senior] wrote to Airbus employee 2 [senior] on 8 November 2010 as follows:

“I am sure that you will understand that paying USD 16 m on [Sports team] need some minimum engineering!!!” 

Paragraph 55:

in an email to AirAsia Executive 1, Airbus employee 2 [senior] stated:

“I have not seen all the papers relating to the sponsorship but in general. We need to have some internal link to AirAsia as we can’t get board approval simply to sponsor. Externally there is probably no need to link the two.”

Paragraph 56:

There no relationship between AAB, AAX and Sports team albeit the association between them was utilized to generate publicity.  The common denominators were AirAsia Executive 1 an AirAsia Executive 2.”

Paragraph 57

On 27 December 2010. pursuant to the concluded  sponsorship agreement (First Sponsorship Agreement) Airbus made a payment of US$3 million to Sport team/ On 9 February 2011 Airbus employee 2 [senior] emailed AirAsia Executive 1 asking for an invoice: “… for the next 3 million.” On the same day Airbus employee 2 [senior] emailed Airbus employee 1 [senior] forwarding the email chain and wrote:

“Airbus employee 1 [senior] as discussed yesterday, please can you pay immediately. It will help me close my deal.”

Paragraph 61

On 16 June 2011 a draft MoU was prepared between Airbus, and the holding company of AAB.  Its stated the purpose was as follows:

“In the context of its international operations, and in accordance with its policy as regards the development of local footprint.  [Airbus] is willing to assist in the development and implementation of projects in support of the operation of AiRASIA where it operates … It is anticipated that in the mid and long term, such support would further strengthen the relationship between the industrial, research, educational and economic patterns in Malaysia and play a determining and favorable role in the enhanced penetration of [Airbus] products within AIRASIA fleet.”

Paragraph 63

On 16 June 2011, Airbus employee 2 [senior] emailed Airbus employee 1 [senior] with subject “AirAsia” that:

“… [AirAsia Executive 1] … insists that we clear the 10m on signing the PA for 200 and that we have a written commitment for the 40m.”

With the “denial” in the press statements by the spin doctors in AirAsia, Tony Fernandes and Kamarudin Meranun, it is now for all of us to Judge from the Statement of Facts that was part of the UK Crown’s Judgement / Verdict who are the real AirAsia Executive 1 and 2.

From the Statement of Facts it would appear that AirAsia Executive 1 was notoriously daring in demanding bribe from Airbus!  Even the Mat Sallehs in Airbus were scared of him. He must have put a few Malaysians ministers and a high ranking officer in the Minister of Finance in his pocket so as to enable him to do wonders in Malaysia.  We can only hope that MACC should launch into an in-depth investigation into all activities between the Ministers and AirAsia Executive 1.

By the way there is another bribery scandal involving AirAsia Executive 1 or his outfits and Rolls Royce. A similar settlement with Serious Fraud Office of UK and Statement of Facts have been filed in the UK Crown Court  Yours truly is studying the documents now.

Please read paragraphs 53 – 57, 60 – 69 & 70 –  87 of the Statement of Facts below. Full Statement of Facts has 40 pages and is published below.

The Statement of Facts

Cover Page

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Page 2.  Index

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page 3

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4 comments

  1. AirAsia and Tony should stop spinning anymore. The Statement of Facts is the evidence. The evidence is too clear that there was a bribe of $50 mil paid by airbus to AA Executive 1 & 2. The evidence that killed them was the email from AA Executive 1 to Airbus demanding for payment – “I want my 16M”. The press statements by AA or tony F or Kamarudin never touched on the evidence. It did not answer any of the facts in the Judgment. It raised more questions about their involvement in the bribery scandal. The AA Executives 1 & 1 are guilty as hell! stop the nonsensical statement now. It will not work anymore.

  2. Good to see you back on the ball, Sdr Wee.

    Perhaps, it’s because I hang out less with people in teh tarik joints these days but of late, I have not heard anyone glorify Tony Fernandes to the skies as some kind of “boy wonder” entrepreneur.

    The relative inaction against the top AirAsia executives by the relevant “Malaysia Baru” authorities, as well as the “Big Taikor” is very telling about their true commitment to weed out corruption branch and root.

    Keep up the good work, Bro.

    Yours trully

    IT.Scheiss

  3. Now we knoe who dis Thambi fernandes is. the call center scam lord of thambiland.
    like a parasite, get mighty fat from blood sucking. time to bring impalement

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