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Petrosaudi

  • Natwest chair says he ‘deeply regrets’ time at Petrosaudi after £1.3bn ‘scam of the century’

    Business

    Natwest chairman Rick Haythornthwaite has expressed his regret and sadness for his role at the UK arm of oil company Petrosaudi, which was involved in a £1.37bn “scam of the century” against Malaysia’s sovereign wealth fund. Haythornthwaite said he took the role “in good faith” without knowing the existence of the fraud, which channelled money [...]

    Rick Haythornthwaite worked for the UK arm of Petrosaudi for eight years

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