AirAsia case: Venkatramanan says wrongly accused by CBI, slams Cyrus Mistry

Tata Trusts’ R Venkataramanan on Wednesday said he had been wrongly named as an accused in the CBI case against AirAsia India as he had “little or no role to play” as non-executive director at the airline, even as he blamed “revenge legal action” by former Tata Sons chairman Cyrus Mistry for the accusations.
 

The budget carrier is majority-owned by the Tatas, and Venkataramanan has around 1.5 per cent shareholding in the joint venture with AirAsia Berhad.
 

“In my capacity as non-executive director of Air Asia India Limited, I have been wrongly named as an accused by the CBI on