PAC probes share swap Officers involved give detailed explanation


THE Public Accounts Committee (PAC) has questioned the objectives and strategy behind the share swap between Malaysia Airlines (MAS) and AirAsia Bhd.

After the first day of its probe into the deal, PAC chairman Datuk Seri Azmi Khalid said the committee was given a detailed explanation on the rationale of the share swap, which is part of comprehensive collaboration framework (CCF) agreed by the two airlines.

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