MEXICAN EXECUTIVE TO PAY $219 MILLION TO AVOID GRAFT TRIAL

On 12 February, OCCRP reported that Mexican steel tycoon Alonso Ancira Elizondo has agreed to pay $219 million in damages to state oil company PEMEX to avoid trial for money laundering and corruption.  The head of Mexico’s largest steelmaker AHMSA, he has reportedly been in preventative detention since last week, when he was extradited from Spain. 

https://www.occrp.org/en/daily/13854-mexican-executive-to-pay-219m-to-avoid-graft-trial

I would be grateful for any modest contribution for my time and ongoing costs of computer, relocation, and (still ongoing) removal costs, I have a page, where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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