In bold anti-graft push, Mexico sets sights on ex-president’s confidant
30 May 2019

Mexican President Andres Manuel Lopez Obrador made his boldest move yet to root out entrenched corruption by going after one of his predecessor’s closest aides, a former chief of state oil firm Pemex, for alleged bribery, tax fraud and other crimes.

The target, Emilio Lozoya, headed Pemex from 2012 to 2016 and ran former president Enrique Pena Nieto’s election campaign.

The case is the first high-profile corruption investigation launched by Lopez Obrador against the government he replaced on Dec. 1 after a landslide victory.

The Finance Ministry’s money-laundering czar Santiago Nieto said in an interview on Tuesday that the Financial Intelligence Unit he leads presented the attorney general’s office with three charges against Lozoya related to “acts of corruption” committed when he was at the helm of Pemex.

Citing sources at the attorney general’s office, government-owned news agency Notimex said a judge had ordered the arrest of Emilio Lozoya, who headed Pemex from 2012 to 2016.

By Anthony Esposito and Ana Isabel Martinez, Reuters, 28 May 2019

Read more at Reuters

Photo: Petroleromx [CC BY-SA 4.0], via Wikimedia Commons

Read more:

Ex-Pemex CEO Lozoya denies receiving $10m Odebrecht bribe

Mexico to launch criminal probe into Odebrecht: attorney general

Mexican steelmaker AHMSA says accounts ‘improperly’ frozen by government

Advance your CPD minutes for this content, by signing up and using the CPD Wallet

FREE CPD Wallet

You must be logged in to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.