KUALA LUMPUR (Jan 24): AirAsia Bhd shares saw a trading volume of 11.6 million shares this morning, as the airline denied any wrongdoing in a US$3.2 million graft investigation, involving engine maker Rolls-Royce plc in the UK.

Its shares were up as much as 6 sen or 2.5% this morning to RM2.50.

AirAsia was responding to UK-based Financial Times (FT) that quoted findings in a civil suit alleging Rolls-Royce failed to prevent its staff from bribing an AirAsia executive with a US$3.2 million discount for the maintenance of a private jet.

“We wish to state that at all material times, AirAsia has had no dealings or transactions with Rolls-Royce and has no knowledge of any matter mentioned in the article,” the group said in its filing to Bursa Malaysia yesterday.

AirAsia said in terms of the Bombadier Global Express corporate jet owned by Caterhamjet Global Ltd, it went through due process and had obtained the necessary approval on the transaction from the company’s audit committee.

At 11.05am, AirAsia shares were up 2 sen (0.82%) to RM2.46, for a market capitalisation of RM6.8 billion.