Kuala Lumpur: The board at under fire Icon Offshore have agreed to give their CEO and COO up to six months leave of absence to fight corruption claims. The pair were questioned by the Malaysian Anti-Corruption Commission last week.
The OSV operator, which listed in Kuala Lumpur last year, is promoting Captain Hassan Ali, the current deputy CEO, to take on the CEO role temporarily.
The company is owned 44.69% by Ekuiti Nasional and is Malaysia’s largest pure play OSV operator.
The board maintained in a release that business operations “remain unaffected by the current challenges” and continue as usual.