• Loan

    Malaysia Anti-Graft Agency Probes Loan to AirAsia: Reuters

    (Bloomberg) — The Malaysian Anti-Corruption Commission is investigating a 300 million ringgit ($72 million) loan from Sabah Development Bank Bhd. to carrier AirAsia Group Bhd, according to a Reuters report citing an official from the agency. © Bloomberg AirAsia Bhd. aircraft stand on the tarmac at Kuala Lumpur International Airport 2 (KLIA2) during a partial lockdown imposed due to the coronavirus in Sepang, Selangor, Malaysia. on Wednesday, May 13, 2020. Malaysia has extended its relaxed lockdown by four weeks, allowing nearly all economic activities to continue while keeping its borders shut and schools closed. “We have started our investigation to  

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