FRIDAY, March 29, 2024
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Ex-PetroSaudi exec gets three years in jail

Ex-PetroSaudi exec gets three years in jail

Swiss national Xavier Andre Justo has been sentenced to three years in jail for trying to blackmail his former employer, PetroSaudi International.

Court officials said a Bangkok criminal court judge ruled that the 49-year-old would begin serving his sentence from June 22, the date of his arrest.
He will serve his full sentence in Thailand. The court halved his six-year sentence thanks to Justo’s guilty plea. 
The former IT executive at PetroSaudi was charged under Section 338 of the Thai Penal Code, which carries a jail sentence of between one and 10 years, and a fine of between Bt2,000 and Bt20,000.
Court officials said Justo had 30 days to appeal the sentence. 
When contacted, Justo’s lawyer Pranot Kalanuson said he would consult his client on the next step.
“I will discuss with my client on whether he wishes to appeal,” Kalanuson said.
Justo is alleged to have stolen data containing confidential information on a joint venture between PetroSaudi and 1MDB, and is said to have agreed to sell it to a group of Malaysian individuals.
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