Former Mexican oil chief accused of corruption

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Former Mexican oil chief accused of corruption

Emilio Lozoya. Photo: August 2017Image copyright
Reuters

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Emilio Lozoya was once Pemex’s chief govt unless 2016

An arrest warrant has been issued for Emilio Lozoya, stale chief govt of Mexican voice oil company Pemex, prosecutors teach.

He’s accused of taking $10m (£8m) in bribes from Brazilian building big Odebrecht, which admits paying off politicians in Latin The US.

Mr Lozoya’s wife, sister and mother are wished in the identical corruption case, the prosecutor’s purpose of enterprise says.

His attorney rejects the allegations and desires the arrest warrant to be revoked.

Mr Lozoya was once the chief govt of Pemex unless 2016.

He was once also one of many closest advisers to stale President Enrique Pena Nieto, who is now not implicated in the scandal.

Based mostly in the 1940s, Odebrecht was once for some time one of Brazil’s most competitive building companies, a hit contracts now not upright in Latin The US nonetheless also in the Middle East and Africa.

It received numerous awards and was once voted one of many explicit employers in Brazil.

But in 2015 the arrest of its CEO, Marcelo Odebrecht, shattered the firm’s image.

To birth out with he denied all accusations of contaminated hyperlinks to politicians, nonetheless two years later a plea nick price deal observed him attain forward with allegations which could perhaps perhaps be quiet rocking Latin American politics.