PetroSaudi International Statement on Ex Manager's Arrest for Blackmail-

RIYADH, Saudi Arabia, June 23, 2015 /PRNewswire/ --

The Saudi based oil and gas company PetroSaudi International has said it welcomed the arrest of a former employee and is fully co-operating with the authorities in Thailand.

Xavier Justo was arrested at his home in Thailand by the Crime Suppression Division of the Royal Thai Police yesterday and charged with attempted blackmail and extortion against PetroSaudi. Numerous computers, hard drives and other evidence were seized pursuant to a court ordered search warrant and the investigation is on-going. Meanwhile PetroSaudi is considering further legal action in other jurisdictions.

A spokesperson for PetroSaudi said "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 that the Courts will now address this matter, and we apologise to the Malaysian people for the harm caused to them."

SOURCE PetroSaudi International