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

In my proceeding examination of the Malaysian 1MBD rumor, brand-new details has emerged that showcases a complex internet of intrigue, subterfuge and corruption entailing the meant 'Whistleblower' Xavier Andre Justo and a Swiss district attorney. Mr. Justo, a previous high-level worker of PetroSaudi International SA, was incarcerated in Thailand for taking a database from his previous company that damaged the scandal. A Swiss district attorney that himself is presently under examination for political corruption with a 'Dispute of Interest' linked to the situation as well as a list of various other varied actors a lot more befitting of a Hollywood thriller than reality situations.

In my last post I reported on the 1MBD scandal's impact in Canada. In 2012, Malaysia's state-owned power firm Petronas obtained Canada's Progression Energy for a reported $5.5 billion. At the time it was just one of Malaysia's largest international investments. Provided the fact that the 1MBD scandal broke after Petronas's hostile entrance to Canada's oil and gas sector, I started investigating and also reporting on the implications that corrupt foreign financiers from developing countries, such as Malaysia, might have in Canadian exclusive market industries. I determined to concentrate at first on the primary individual credited with 'breaking' the story of the IMBD scandal - Xavier Andre Justo.

Getting to the bottom of this complicated event has actually been testing. Basically, the middle administration of the business associated with the 1MBD rumor, are essentially, scared to speak to reporters. In addition, the leading rate execs of these business will certainly likewise not take place the record. Last week, I ultimately found an unhappy previous exec of PetroSaudi International in addition to two previous close friends of Mr. Justo's who were all kind enough to offer me some sorely required history on the 'life as well as times' of Xavier Justo.

The former Executive of PetroSaudi International spoke with me on problem of privacy and likewise gave me with files, copies of sms message and also various other product to sustain his insurance claims that Xavier Justo, far from being a 'kindness doer', remains in reality he is a con-artist who takes pleasure in the good life as well as has a narcotics abuse problem that includes "hefty alcohol consumption and a lot of http://www.bbc.co.uk/search?q=1MDB cocaine." I am currently validating the product given to us about Mr. Justo as well as will be publishing more excerpts soon. He likewise bitterly lambasted PetroSaudi International for enabling Mr. Justo to climb in the business places despite his well-known partying way of life. These claims were also confirmed by the 2 former good friends of Mr. Justo, that were both jilted by him in individual car loans that were never ever paid back.

In February of this year, PetroSaudi International's CEO Tarek Essam Ahmad Obaid, business Director Patrick Andrew Marc Mahony, and Malaysian shady 'businessman' Reduced Taek Jho were all prosecuted in Malaysia by the MACC (Malaysian Anti-Corruption Commission) over the 1MBD detraction. At the time, MACC proudly revealed this in a press release which all 3 http://query.nytimes.com/search/sitesearch/?action=click&contentCollection&region=TopBar&WT.nav=searchWidget&module=SearchSubmit&pgtype=Homepage#/1MDB implicated had been placed on Interpol's 'Red Watch Listing'. After an intensive week of exploring the claims and also counterclaims between Mr. Justo and PetroSaudi International, my research study group and also I have actually ended that Mr. Justo is an extreme go-getter with a prior criminal background who utilized his key position at PetroSaudi International and also his close relationship with Chief Executive Officer Tarek Obaid, to his very own advantage which the 'conventional media was deceived by his effort to make himself look like an innocent 'whistleblower'.

In addition to this, after checking Interpol's on the internet 'Red Alert 'data source it has been verified that neither Mr. Obaid nor Mr. Mahony have been placed on Interpol's 'Red Watch Checklist" and that they are money-laundering not 'desired fugitives' as suggested by lots of media electrical outlets.

My investigation of Mr. Justo as well as from our sources noted above, validated that he has no formal university education which during the mid-2000's, he had possession rate of interests in some shady clubs in Geneva. In 2006 Mr. Justo was restrained by Swiss Federal Cops for opening as well as taking care of an account of a popular Spanish contraband criminal gang. The account was frozen for criminal origin of funds as well as money laundering by the Geneva Financial Criminal Activity Cops.

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Mr. Justo was held for over 18 hours and also was only released after he, according to former friends, provided testimony versus the members of the criminal gang he was helping. Remarkably, he was launched without charges.

PetroSaudi International's CEO Tarek Obaid, is a twin resident of Switzerland and also Saudi Arabia as well as finished from Georgetown University's distinguished School of Foreign Service. Prior to the 1MBD rumor Mr. Obaid had never ever been charged with a crime in any type of country. According to the previous PetroSaudi International Exec and former buddies of Mr. Justo that I talked with, Mr. Obaid satisfied Mr. Justo on a basketball court when he was a 15-year-old that simply immigrated to Switzerland. They struck up a deep relationship as Justo himself is a descendant of immigrant moms and dads. Justo acted as a coach to Mr. Obaid, his peer in organisation as well as life in Switzerland throughout both of their young people. Years later on, Mr. Obaid offered Mr. Justo reduced degree jobs to aid him maintain himself as well as his family due to Mr. Justo's unfortunate economic situations. In these jobs Mr. Justo was employed in numerous positions as a doorman, a vehicle valet as well as dealing with tiny petty cash purchases for Mr. Obaid's workplace as well as relative.

The mainstream media pictures of Mr. Justo being an 'International Lender' is false; while he did operate in a number of banks as a low-level staff, he was never ever a 'banker' neither has he held any kind of senior position in any type of Swiss or other EU bank. He additionally doesn't have the proper education and learning or training for that kind of task. From papers that we are still examining, it is clear he failed to open a bank account in several countries to get the settlement for the stolen data, which present his insurance claim to be an 'International banker' in a ridicules light.

Xavier Andre Justo personal life was, as we were told, very unpredictable. Mr. Justo was married to Daphné Smits for some years. According to pals of Mr. Justo, while he functioned as a clerk at Banque Scandinave en Suisse (BSS) in Geneva, he had sex-related encounters with his Employer's wife. A couple of months later Mr. Justo apparently had one more event with the spouse of his friend and also was caught in the act. As a result, his wife Daphné separated him and took all his money. Then Justo began an enchanting connection with Laura (his existing better half) who he met when she was a secretary at the business where he was working at the time.

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In the meantime, Mr. Justo obtained greatly depressed and also was afraid of revenge by the contraband criminal gang. Mr. Justo, and his then girlfriend, Laura fled to Thailand and also according to a former buddy, "took all the cash from his Mom's bank account to pay for the trip"

After remaining in Thailand for a number of months, Mr. Justo spoke to Mr. Obaid as well as informed him he was suffering from an absence of earnings and was "hopeless" to sustain his family members.

In mid-2010, Mr. Obaid determined to provide Mr. Justo one more chance and also used him a new work with PetroSaudi International in London on the condition that Mr. Justo dedicate to quit his habitual drug routine as well as alcoholic abuse. Mr. Justo easily agreed. With a large wage plan of 400,000 British Pounds per year that included a totally paid plush house in Mayfair, Mr. Justo's life deviated for the better and also his career was back on course.

Mr. Obaid, who very trusted Mr. Justo his childhood years pal, was focused on expanding his global operations as well as required somebody in London he can depend authorize corporate documents on his behalf, conduct routine workplace banking and various other mundane administrative features when Mr. Obaid was not in town.

Additional investigations of Mr. Justo's as well as Mr. Obaid's connection expose the amazing trust that the previous taken into the last.

From the countless documents we are presently confirming, among them is a genuine copy of Mr. Justo's employment agreement with PetroSaudi International (listed below).

Among the former pals of Mr. Justo's that I interviewed mentioned that he couldn't think that Xavier had been provided such a high degree wage and also rely on that business (PetroSaudi International) ... I remember once we were hanging out at Zumas in Knights Bridge as well as he spent for our meal and all the bevi's on a business credit card ... the costs was horrendous ...".

The previous PetroSaudi International Exec we talked with validated that within the business Mr. Justo was understood to regular pricey London haunts in Knightsbridge as well as Covent Yard two of London's most exclusive locations. (Zuma is an expensive Japanese dining establishment). The former Exec also added that he suggested Mr. Obaid numerous times concerning Mr. Justo's social behavior as well as ballooning expense accounts yet that he (Mr. Obaid) "would not become aware of it ... Tarek trusted this person because he was a kid yet never ever truly understood him ... Mr.

Obaid was immature, and had bad judgment when it concerned childhood years buddies, it triggered a great deal of stress in the office ... it was so damn dumb ... I could not take it anymore.".

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Mr. Justo received a 3-year prison sentence in Thailand in 2015 after being founded guilty of extortion, blackmailing and also burglary of PetroSaudi International's database. A criminal activity he conveniently admitted to.

According to court statement as well as proof offered by countless witnesses, Mr. Justo's job performance seriously scrubby in late 2010 with several absences and also alcoholic binges that included inappropriate behavior in the workplace. Then at first of April 2011 he missed a flight from London to New York city where he was because of satisfy a major customer as well as the investors of PetroSaudi International.

Witnesses later on verified that Mr. Justo was high on cocaine as well as highly intoxicated the night prior to the trip. When he fell short to appear to the conference in New york city, he was immediately rejected from his placement.

It was later verified through a forensic investigation that Mr. Justo stole PetroSaudi International's database and made the last download of the 90Gb information 24h after he was fired over the phone. This is the date that the 1MBD detraction started.

Xavier Andre Justo's criminal actions as well as indulgent drug habit triggered the globe's biggest monetary rumor, reduced the Malaysian government, launched criminal proceedings in Switzerland, Singapore, the EU and the USA and set you back the Malaysian people billions of dollars.

It is time the full reality emerges on this tale.

With this assumed in mind, I will be publishing even more articles over the coming days and also weeks regarding the 1MBD scandal as well as publishing 'never-seen-before' documents that will certainly give my visitors a clear understanding on how a lower degree worker, who had a regular alcohol and drug abuse issue, was able to stir up one of the greatest monetary scandals in modern-day background.