Malaysia investigates Airbus-AirAsia graft allegations

KUALA LUMPUR (Reuters) - Malaysia's anti-graft agency is investigating allegations by Britain's Serious Fraud Office that Airbus sponsored a sports team owned by executives of Malaysia-based AirAsia while negotiating airplane orders, it said on Saturday.UK prosecutors said on Friday Airbus had failed to prevent individuals associated with the company from bribery involving AirAsia Group and its long-haul unit AirAsia X .Airbus on Friday agreed a record $4 billion (£3.04 billion) settlement..