This time last year, Stephen Thomas was looking forward to a break and most observers would agree he deserved it.
He had been parachuted in as the chief executive of Topaz Energy and Marine, an oil services group company owned by Oman's Renaissance Services conglomerate of which he was also chief executive, amid a triple whammy of corporate trouble.
Topaz, headquartered in Dubai, had called off an initial public offering in London, it had lost senior executives in circumstances some in the market found worrying and it had just uncovered a multimillion-dollar fraud in an overseas subsidiary.
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