https://phys.org/news/2018-05-airasia-india-probes-fernandes.html

Officers raided AirAsia offices in major Indian cities as part of its investigation. AirAsia has denied any wrongdoing.

The carrier's shares fell as much as 6.3 percent to 3.10 ringgit (78 cents) in Kuala Lumpur, their lowest level since late November, before edging back up.