Report by John Lavabre
LAUDA AIR founder and chairman Niki Lauda has resigned from
the airline’s board.
Lauda handed in his resignation following the publication of
an audit by accountancy firm KPMG. The audit was critical of the airline’s
system for handling foreign currency transactions.
This system was not Lauda’s responsibility and he was not
criticised in the audit.
Lauda, who thanked all his staff, commented: “I have always
maintained that I would resign my function if so much as a semblance of a
reason should arise to criticise me as an individual.”
A spokeswoman for the airline said it was too early to say
who would replace Lauda.