EX-PEMEX CEO FOCUSED ON GRAFT, MEXICAN AML CZAR SAYS – ARREST WARRANT ISSUED
KYC 360 on 29th May reported that the former CEO of Mexican national oil company Pemex – Emilio Lozoya, who headed Pemex from 2012 to 2016 – focused on enriching himself though acts of corruption which led to massive losses for the firm, the head the finance ministry’s FIU said.
MEXICAN STEEL EXEC JAILED IN SPAIN AND FACES EXTRADITION RULING
The Bellingham Herald on 29th May reported that a Spanish judge has sent Altos Hornos de Mexico, the head of Mexico’s biggest steelmaker, to jail while authorities decide on his extradition to Mexico, where he’s wanted for alleged corruption-related crimes. He was getting ready to board a Canada-bound plane from the Mediterranean island of Mallorca.