Xavier Justo-- Swiss 'Whistleblower' or Bad guy?

1. In my continuing examination of the Malaysian 1MBD scandal, new info has actually emerged that showcases a complex web of intrigue, subterfuge as well as corruption involving the meant 'Whistleblower' Xavier Andre Justo as well as a Swiss district attorney. Mr. Justo, a previous top-level employee of PetroSaudi International SA, was imprisoned in Thailand for stealing a data source from his former company that broke the detraction. A Swiss prosecutor that himself is currently under investigation for political corruption with a 'Problem of Interest' linked to the case as well as a list of various other diverse actors much more proper of a Hollywood thriller than the real world conditions. In my last economic espionage short article I reported on the 1MBD rumor's influence in Canada. In 2012, Malaysia's state-owned energy business Petronas acquired Canada's Progress Power for a reported $5.5 billion. At the time it was just one of Malaysia's largest international financial investments. Offered the fact that the 1MBD detraction broke after Petronas's hostile entry to Canada's oil and also gas sector, I began researching and also reporting on the implications that corrupt foreign capitalists from creating countries, such as Malaysia, may have in Canadian exclusive market sectors. I chose to concentrate originally on the major individual credited with 'breaking' the story of the IMBD scandal - Xavier Andre Justo. Getting to the bottom of this complicated affair has actually been testing. Basically, the center administration of the business associated with the 1MBD rumor, are essentially, frightened to speak to journalists. Additionally, the leading rate executives of these business will also not go on the document. Recently, I ultimately found a disgruntled former exec of PetroSaudi International along with two previous good friends of Mr. Justo's that were all kind enough to give me some sorely needed background on the 'life as well as times' of Xavier Justo. The former Executive of PetroSaudi International talked to me on problem of privacy and likewise offered me with papers, copies of text messages as well as other product to sustain his cases that Xavier Justo, far from being a 'kind deed doer', is in fact he is a con-artist who delights in the good life and has a narcotics abuse problem that includes "hefty drinking and a lot of drug." I am currently confirming the product offered to us concerning Mr. Justo and will certainly be releasing more passages soon. He also bitterly chewed out PetroSaudi International for permitting Mr. Justo to increase in the company rates regardless of his popular partying way of living. These claims were likewise validated by the two former friends of Mr. Justo, that were both jilted by him in individual lendings that were never ever repaid. In February of this year, PetroSaudi International's CEO Tarek Essam Ahmad Obaid, firm Supervisor Patrick Andrew Marc Mahony, and Malaysian unethical 'business owner' Reduced Taek Jho were all fingered in Malaysia by the MACC (Malaysian Anti-Corruption Compensation) over the 1MBD rumor. At the time, MACC happily revealed this in a news release which all three charged had been put on Interpol's 'Red Watch List'. After an extensive week of examining the claims as well as counterclaims in between Mr. Justo as well as PetroSaudi International, my research study team and I have actually concluded that Mr. Justo is an extreme opportunist with a prior criminal background that used his crucial placement at PetroSaudi International and also his close friendship with Chief Executive Officer Tarek Obaid, to his own advantage and that the 'mainstream media was fooled by his attempt to make himself appear like an innocent 'whistleblower'. Along with this, after inspecting Interpol's on-line 'Red Alert 'database it has been confirmed that neither Mr.

2. Obaid neither Mr. Mahony have been placed on Interpol's 'Red Watch List" which they are not 'desired fugitives' as suggested by lots of media outlets. My investigation of Mr. Justo as well as from our sources noted above, confirmed that he has no formal university education which during the mid-2000's, he had ownership interests in some shady clubs in Geneva. In 2006 Mr. Justo was detained by Swiss Federal Police for opening as well as handling an account of a well-known Spanish contraband criminal gang. The account was frozen for criminal origin of funds as well as money laundering by the Geneva Financial Crime Police. Mr. Justo was held for over 18 hours as well as was just released after he, according to former friends, offered testimony versus the participants of the criminal gang he was helping. Remarkably, he was released without charges. PetroSaudi International's CEO Tarek Obaid, is a dual person of Switzerland and Saudi Arabia and finished from Georgetown University's respected Institution of Foreign Service. Prior to the 1MBD scandal Mr. Obaid had actually never been charged with a crime in any type of country. According to the previous PetroSaudi International Exec as well as former close friends of Mr. Justo that I spoke with, Mr. Obaid fulfilled Mr. Justo on a basketball court when he was a 15-year-old that simply come in to Switzerland. They struck up a deep friendship as Justo himself is a descendant of immigrant parents. Justo worked as a mentor to Mr. Obaid, his peer in company and also life in Switzerland throughout both of their youths. Years later, Mr. Obaid offered Mr. Justo reduced level tasks to help him sustain himself and his family members due to Mr. Justo's unfortunate financial conditions. In these tasks Mr. Justo was utilized in numerous positions as a concierge, a cars and truck valet and also handling small petty cash acquisitions for Mr. Obaid's office as well as member of the family. The mainstream media portraits of Mr. Justo being an 'International Lender' is incorrect; while he did work in a number of banks as a low-level clerk, he was never ever a 'banker' neither has he held any type of elderly setting in any type of Swiss or other EU financial institution. He additionally doesn't have the proper education or training for that kind of task. From records that we are still assessing, it is clear he failed to open up a checking account in several nations to receive the payment for the stolen data, which provide his insurance claim to be an 'International lender' in a ridicules light. Xavier Andre Justo personal life was, as we were informed, extremely unpredictable. Mr. Justo was married to Daphné Smits for some years. According to friends of Mr. Justo, while he worked as a staff at Banque Scandinave en Suisse (BSS) in Geneva, he had sexual experiences with his Manager's spouse. A few months later Mr. Justo supposedly had another event with the partner of his buddy and also was caught in the act. Therefore, his other half Daphné divorced him and took all his money. After that Justo began a romantic relationship with Laura (his current better half) that he fulfilled when she was a secretary at the company where he was operating at the moment.

3. In the meantime, Mr. Justo got greatly depressed as well as was afraid of retaliation by the contraband criminal gang. Mr. Justo, and his then partner, Laura escaped to Thailand and also according to a former close friend, "took all the money from his Mother's bank account to spend for the journey" After being in Thailand for a number of months, Mr. Justo spoke to Mr. Obaid and also told him he was dealing with an absence of revenue and also was "determined" to sustain his household. In mid-2010, Mr. Obaid decided to offer Mr. Justo one more possibility and also supplied him a new task with PetroSaudi International in London on the problem that Mr. Justo devote to stop his habitual drug behavior and also alcohol abuse. Mr. Justo easily concurred. With a large wage bundle of 400,000 British Extra pounds annually that included a completely paid deluxe apartment in Mayfair, Mr. Justo's life deviated right and his profession was back on the right track. Mr. Obaid, who highly relied on Mr. Justo his youth pal, was focused on growing his international operations and needed somebody in London he might depend sign business papers on his behalf, conduct routine workplace banking and also other ordinary administrative functions when Mr. Obaid was not around. More examinations of Mr. Justo's and Mr. Obaid's relationship reveal the astounding depend on that the previous taken into the latter. From the various papers we are currently validating, one of them is a genuine duplicate of Mr. Justo's employment contract with PetroSaudi International (listed below). Among the previous close friends of Mr. Justo's that I spoke with specified that he couldn't believe that Xavier had actually been given such a high level salary and trust in that company (PetroSaudi International) ... I remember once we were hanging out at Zumas in Knights Bridge as well as he spent for our dish and all the bevi's on a firm bank card ... the costs was shocking ...". The former PetroSaudi International Executive we talked with validated that within the business Mr. Justo was known to constant high-priced London haunts in Knightsbridge as well as Covent Garden 2 of London's a http://www.bbc.co.uk/search?q=Xavier Justo lot of unique locations. (Zuma is an expensive Japanese dining establishment). The former Executive also added that he recommended Mr. Obaid a number of times about Mr. Justo's social behavior as well as ballooning expense accounts but that he (Mr. Obaid) "wouldn't come across it ...

4. Tarek trusted this guy considering that he was a child but never ever truly understood him ... Mr. Obaid was immature, as well as had bad judgment when it pertained to youth buddies, it triggered a great deal of stress in the workplace ... it was so damn dumb ... I couldn't take it any longer.". Mr. Justo obtained a 3-year jail sentence in Thailand in 2015 after being founded guilty of extortion, blackmailing as well as burglary of PetroSaudi International's database. A crime he easily confessed to. According to court testament and evidence given by numerous witnesses, Mr. Justo's work efficiency seriously scrubby in late 2010 with a number of lacks as well as alcoholic binges that included inappropriate behavior in the office. Then at first of April 2011 he missed out on a trip from London to New york city city where he was due to meet a major customer as well as the investors of PetroSaudi International. Witnesses later on validated that Mr. Justo was high on drug and extremely intoxicated the night before the trip. When he fell short to turn up to the meeting in New York, he was immediately rejected from his setting. It was later on verified through a forensic examination that Mr. Justo swiped PetroSaudi International's database as well as made the last download of the 90Gb information 24h after he was fired over the phone. This is the date that the 1MBD rumor began. Xavier Andre Justo's criminal actions as well as indulgent drug habit sparked the globe's biggest monetary detraction, brought down the Malaysian federal government, initiated criminal procedures in Switzerland, Singapore, the EU and also the United States and cost the Malaysian individuals billions of dollars. It is time the complete reality comes to light on this tale. With this assumed in mind, I will be uploading even more short articles over the coming days and weeks about the 1MBD detraction as well as posting 'never-seen-before' records that will certainly offer my readers a clear understanding on exactly how a reduced degree employee, who had a habitual drug and alcohol abuse trouble, had the ability to fire up one of the most significant financial rumors in contemporary history.