BUSINESS

1MDB: Former PetroSaudi executive arrested over leak

Astro Awani 23/06/2015 | 14:59 MYT
PetroSaudi said several computers, hard drives and other evidences were seized pursuant to a court ordered search warrant.
Thailand police have arrested PetroSaudi International's (PSI) former IT executive Xavier Justo over leaked information on 1Malaysia Development Berhad (1MDB).

He is charged with attempted blackmail and extortion against PSI, The Malaysian Insider reported.

The news portal said the PSI former employee was arrested by the Crime Suppression Division at his home in an island in Thailand and sent to Bangkok.

PetroSaudi in a statement said several computers, hard drives and other evidences were seized pursuant to a court ordered search warrant.

"PetroSaudi International is considering further legal action in other jurisdictions," PetroSaudi said in the statement.

The spokesperson for PSI was quoted saying "we are relieved that Mr Justo will now face justice through the courts. We have been the victims of a regrettable crime that has unfortunately been politicised in Malaysia".

"We are happy to finally set the record straight and we apologise to the Malaysian people for the harm that one of our unscrupulous ex-employees has caused to them," he was quoted by the newsportal.

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Various quarters have called for the financial affairs of 1MDB to be probed amid allegations of mismanagement and abuse of power.
#1MDB #PetroSaudi International #Xavier Justo