Ex-oil company employee arrested over computer access

In a rare trade secrets allegation, a 41-year-old former Tag Oil employee has pleaded not guilty to accessing a computer without authorisation.

Susan Hughes QC confirmed her New Plymouth-based client, who now works for rival company New Zealand Energy Corporation, appeared in court on Wednesday.

He will reappear on January 8.

Tag Oil complained to police earlier this year alleging the man had taken trade secrets.

However, instead of being charged under section 230 of the Crimes Act, police have used the less severe section 252.

The man faces a possible prison jail term of up to two years if found guilty of accessing a computer without authorisation.

Tag and NZEC are listed in Canada and the companies operate in Taranaki's fiercely-competitive oil and gas industry.

dwilliams@nbr.co.nz


Got a question about this story? Leave it in Comments & Questions below.

This article is tagged with the following keywords. Find out more about MyNBR Tags

NZ Market Snapshot

Forex

Sym Price Change
USD 0.6723 -0.0026 -0.39%
AUD 0.9374 0.0020 0.21%
EUR 0.6002 -0.0022 -0.37%
GBP 0.4616 -0.0046 -0.99%
HKD 5.2220 -0.0210 -0.40%
JPY 73.6400 -0.2020 -0.27%

Commods

Commodity Price Change Time
Gold Index 1248.5 -3.360 2016-05-23T00:
Oil Brent 48.9 -0.380 2016-05-23T00:
Oil Nymex 48.1 -0.300 2016-05-23T00:
Silver Index 16.4 -0.110 2016-05-23T00:

Indices

Symbol Open High Last %
NZX 50 6907.8 6907.8 6907.8 -0.51%
NASDAQ 4771.6 4792.6 4769.6 -0.08%
DAX 9798.9 9931.8 9842.3 0.79%
DJI 17507.0 17550.7 17500.9 -0.05%
FTSE 6136.4 6183.2 6136.4 0.59%
HKSE 19828.0 19870.2 19809.0 0.11%
NI225 16605.0 16605.0 16654.6 -0.94%