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Disclaimer: This post is highly opinionated and by no means construe to any buy or sell decision on any securities or shares mentioned in this article. MyKayaPlus.com bears no responsibility for the decision made by readers after reading this article nor the accurateness of the information. All info derived is based on our best knowledge at the time the article was constructed.

What happened to AirAsia Group Berhad? In a simple sentence: A Bribery Allegation Against its 2 Key Executives, Tan Sri Dr Anthony Francis Fernandes and Datuk Kamarudin bin Meranun

Now I know that most of us, who are based in Asia, would look at AirAsia Group Bhd as the main focal point in the current debacle. But the truth is, the main alleged antagonist in this matter is actually Airbus SE. The Airbus group is one of the world's biggest Aerospace and defence company. Airbus group manufactures commercial passenger planes and sells them to airline companies like AirAsia group.

The UK court papers are roughly 32 pages long, but it covers the whole issue at a wider spectrum compared to The Edge article which laser focuses AirAsia in its crosshair. So let's take a look at the key points highlighted by the court papers.

1. The Alleged Bribery Cases of Airbus SE is An International Scandal

2. Multiple Bodies Around The World Are Involved In This Investigation

3. The Alleged Briberies Took Place to Boost Sales of Airbus SE

4. Airbus SE Failed to Prevent Personals Associated to Airbus SE from Bribing Directors/Employees of AirAsia Group and Other Parties Mentioned

5. The Epicenter of The Airbus & AirAsia Group Allegation - Caterham F1 Racing

6. The Argument & Rebuttal From Tony Fernandes & Kamarudin Meranun - We're unaware!

7. The Facts and The Verdict - AirAsia Group of companies are the victims

To round everything up, I believe that the recent selldown of AirAsia Group Bhd is an over-reaction of the market without knowing the real situation or the worst-case scenario that could happen. The only lawsuit AirAsia Group Bhd should worry about is the lawsuit with Malaysia Airports Holdings Berhad (MAHB).

And I am glad to have a personal opinion and personal conclusion of the entire matter. Of course, my views may change over time in the event more info becomes available to the public, but the gist is to be willing to sieve through all available information and then, potentially taking a well-educated, calculated and risk-mediated move, rather than succumb to the noises of potentially misleading sources of news and rumours, which is a similar scenario we are facing regarding the Wuhan Coronavirus pandemic.

What do you think of the overall situation now that you have read through the summarised and condensed information plus the argument presented? Let us know in the comments section below.

Disclaimer: I own shares of AirAsia Group Bhd and my point of view could very well be biased. You are most welcome to read through the unbiased allegations court papers and articles link shared throughout the whole article. We definitely welcome constructive arguments! We also welcome feedback if any information and facts contained in this article vary from the actual sources, in this case referring to the UK Court Papers & The Edge article.

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The information available in this article/report/analysis is for sharing and education purposes only. This is neither a recommendation to purchase or sell any of the shares, securities or other instruments mentioned; nor can it be treated as professional advice to buy, sell or take a position in any shares, securities or other instruments. If you need specific investment advice, please consult the relevant professional investment advice and/or for study or research only.

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