Former Pemex director Emilio Lozoya was arrested in Spain today, Mexico’s attorney general said.
Lozoya, chief executive of Pemex from 2012-2016, has been on the run since May of last year following the issue of an arrest warrant in relation to a corruption investigation linked to scandal-hit Brazilian company Odebrecht.
Lozoya is being investigated for allegedly receiving bribes from Odebrecht in return for awarding contracts during his tenure at the oil company.
According to an international settlement reached in December 2016, Odebrecht admitted to having paid $788mn in bribes in exchange for business in 12 countries across Latin America and Africa from 2001-2016. That includes almost $10.5mn paid to unidentified Mexican government officials to secure public works contracts from 2010-2014.
Lozoya has been banned from holding public office for ten years and is also being investigated for his role in Pemex’s purchase of a defunct fertilizer plant from AHMSA at what federal auditors said was an inflated price. Investigators are also looking into the purchase of Grupo Fertinal, a struggling fertilizer company that Pemex bought for Ps620mn ($32mn), despite being valued at much less.
AHMSA owner Alonso Ancira was arrested in Mallorca, Spain, on 28 May last year and later extradited to Mexico.
While Lozoya has been on the run, other members of his family, including his mother Gilda Austin, have been charged with money laundering.
Lozoya maintains his innocence and says he is the victim of political persecution.
President Andres Manuel Lopez Obrador has pledged to stamp out rampant corruption in Pemex and across government.The Yucatan Times
more recommended stories
Enrique Rebsamen School owner convicted in 2017 collapse
CDMX (September 19, 2020).- The owner.
Lucha libre wrestlers struggle to survive amid virus
Few of Mexico’s cultural traditions have.
What will happen to TikTok after Trump’s ban?
The United States will restrict the.
Intellectuals demand that López Obrador not attack freedom of expression. He strikes back at them.
More than 650 intellectuals demanded that.
Ruth Bader Ginsberg Dies, US Election Changes Course
Supreme Court Justice Ruth Bader Ginsburg,.
Seizures of fentanyl drug up 465% in Mexico
MEXICO CITY (The Associated Press) —.
Gabriel Quadri invokes “TUMOR” All united against Morena
Former presidential candidate Gabriel Quadri all.
Residents of Valladolid take justice on their own hand
VALLADOLID.— Tired that several robberies have.
He went in search of the “American Dream” and now his family tries to repatriate his remains
Like many young people in southern.
American citizen caught smuggling 13,000 rounds of ammo into Mexico
MEXICO CITY (AP) — The Mexican.