In this week's episode, we discuss the unique high-profile whistleblower case involving the 1Malaysia Development Berhad (1MDB) scandal, describing corruption, bribery, and money laundering conspiracy involving PetroSaudi, the former Malaysian Prime Minister, businessman Jho Low, well-established banks, and the courageous man who blew the whistle to uncover the scheme. Host Olga Torres is joined by Xavier Justo, the famous whistleblower and former Director of International Business Development for PetroSaudi International.
*To support and learn more about this story, you can purchase the book written by Xavier Justo "Rendezvous with Injustice" on Amazon.
Olga Torres: Hello and thanks for joining us today. My name is Olga Torres and I'm the founder and managing member of Torres Trade Law, an international trade and national security law firm. Before we get started today I wanted to give you a short summary of our discussion today and what it entails. A lot of the work that we do for our client base involves compliance programs and being proactive, assessing company risk, conducting audits, and just generally having compliance programs in place that protect whistleblowers. That encourage escalation of concern by employees at the company. In a way for companies to stay ahead and learn of company concerns, potential issues, and deal with those issues before they become violations. Or if they are violations, that we can easily tackle them and assess risk...
This story is the second in an ongoing series on the Cost of Fraud, as Open the Books tallies the hidden fees on American tax returns. Click here to read the first story on fraudulent autism billi...