Air Mauritius CEO and CFO Suspended Amidst Corruption Probe and Expanding Horizons
01/10/2023
Air Mauritius, CEO Krešimir Kučko along with the company’s Chief Financial Officer (CFO) Jean Laval Ah Chip have been temporarily stood down by the airline’s Board of Directors after it was brought to their attention that the duo accepted a stay in a hotel in France, covered by one of Air Mauritius’ suppliers, local media report.
Kučko, a seasoned aviation executive who had previously led Croatia Airlines and Gulf Air, assumed the role of CEO at Air Mauritius just last December
The Air Mauritius Board of Directors convened to address these allegations and swiftly decided to appoint an independent party to conduct a thorough investigation into the matter. The move to suspend the CEO and CFO is grounded in concerns related to the principles of corporate governance.
A key point of contention centers on
- A trip taken by Kučko and Ah Chip to France, during which their travel expenses were entirely covered by a leasing company that also provides aircraft to Air Mauritius.
The airline’s decision to launch an inquiry stems from suspicions that this sponsorship may constitute bribery.
During the investigation, Kučko and Ah Chip will remain suspended from their positions, leaving the airline under the interim management of operational chief Alain Leing Hing Wah and commercial chief Laurent Recoura. However, it’s worth noting that the interim leadership has also faced its share of criticism.
Alain Leung Hing Wah had previously been suspended due to an internal investigation, where allegations arose that he and a colleague had exchanged approvals improperly. After a two-year hiatus, Hing Wah was reinstated.
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