Bumi confirms email hacking claims Bumi, the troubled miner, has confirmed claims that information on which it is investigating alleged financial irregularities at its Indonesian holdings was obtained illegally by email hacking The company also announced after a board meeting that Nalin Rathod, chief executive, would be replaced. Bumi would not give details about the investigation conducted by Macfarlanes, a London law firm, into the alleged irregularities at Bumi Resources and Berau Coal Energy. A statement said any further writedowns as a result of the probe would not have a material effect on the company and that the board was still taking the allegations of alleged financial irregularity seriously despite the information being obtained illegally. The statement released by the board did not say who might have perpetrated the hacking. Indonesia's Bakrie family, which owns 23 per cent of Bumi plc and controls Bumi Resources, said on Sunday that information pertaining to Bumi Resources that was given to Macfarlanes had been obtained by theft or hacking, had been doctored or all three. The board said it was also not yet in a position to recommend which of two proposals to recommend to shareholders for the company's future direction. The two proposals are from the Bakries and Nat Rothschild, the financier who founded Bumi plc in 2011 by reversing the Bumi Resources and Berau stakes into Vallar, a London-listed cash shell. Both involve the Bakries ending their involvement with the company. Nick von Schirnding, Bumi's head of investor relations, will replace Mr Rathod as chief executive at the end of the year. Mr Rathod, a close associate of Indonesia's Bakrie family, will remain a non-independent executive director.