Mumbai: Ex-AirAsia India CEO
Mittu Chandilya
has dragged his former employer
AirAsia India
and auditor
Deloitte
Touche Tohmatsu to
court
for “tarnishing his reputation” and has sought Rs 28 crore in damages.
Chandilya has also sought an unconditional apology and the withdrawal of allegations made against him after media reported that Deloitte’s investigation revealed financial irregularities at
AirAsia India
during his tenure. Chandilya was AirAsia India’s CEO between May 2013 and April 2016. The financial irregularities have been reported to be of Rs 22 crore at the company, a joint venture between Tata Sons and Malaysia’s AirAsia.
The Bengaluru civil court on November 19 passed an interim order restraining AirAsia India, Deloitte and the media from coming out with allegations against Chandilya. TOI couldn’t immediately reach AirAsia India and Deloitte for their comments.
On October 31, AirAsia India, in a statement, to the media had said that there was an investigation against certain former personnel of the company involving “irregular personal expense claims” and certain company charges. The fraudulent transactions at the carrier came to light after a mail from former Tata Sons chairman went public. In the mail, the ex-Tata Sons chairman had raised ethical concerns with respect to certain transactions involving non-existent parties in India and Singapore. Mistry also said that Tata Trusts executive trustee Venkataramanan, who is on the board of AirAsia India and also a shareholder in the company, considered these transactions as non-material.
Reeba Zachariah is assistant corporate editor at The Times of Ind...
Read MoreReeba Zachariah is assistant corporate editor at The Times of India, Mumbai. She has been covering large Indian business houses such as the Tata Group. She also reports on a host of sectors like hospitality, retail, travel, liquor and consumer durables. She has been writing on mergers and acquisitions and private equity.
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