Articles tagged “corruption”

Beleaguered Avianca Faces Two Bribery Probes

Beleaguered Avianca Faces Two Bribery Probes

Julia Symmes Cobb, Reuters

One probe of Colombian airline Avianca is looking at whether a top executive took bribes from Airbus. Another probe is checking whether the airline gave free plane tickets to public officials in return for favors. Both stories are unfortunate distractions from the financial and strategic turnarounds that the company needs to be focusing on.

1 week ago

Former CEO of Indonesian Airline Garuda Detained in Corruption Probe

Former CEO of Indonesian Airline Garuda Detained in Corruption Probe

Harry Suhartono and Tassia Sipahutar, Bloomberg

This will leave Satar in a sorry state if proven true, as he did a lot for Garuda when he was CEO and president director from 2005 to 2014.

7 months ago

India Corruption Investigation of AirAsia CEO Could be Setback For Expansion

India Corruption Investigation of AirAsia CEO Could be Setback For Expansion

Shruti Srivastava and Anurag Kotoky, Bloomberg

Investigations are never good news, but given Fernandes' track record and charisma, this is probably just a blip in the radar for AirAsia as it looks to spread its wings across India.

2 years ago

Former Thailand Tourism Boss Sentenced to 50 Years in Bribery Scandal

Former Thailand Tourism Boss Sentenced to 50 Years in Bribery Scandal

Kaweewit Kaewjinda, Associated Press

Tourism organizations are getting extra scrutiny these days — see Visit Florida's battle for survival — but this story serves as a reminder that corruption is always a risk when public money flows. Still, a 50-year sentence seems to far outweigh the crime.

3 years ago

Scandal Over Mexican President’s House Affecting Plans for New Airport

Scandal Over Mexican President’s House Affecting Plans for New Airport

Brendan Case and Carlos Manuel Rodriguez, Bloomberg

There's no better friend to corruption than the lack of shame among the participants.

5 years ago