Emilio Lozoya, former chief executive of Pemex, attends a news conference in Mexico City. File photo/ Reuters
Emilio Lozoya, a former chief of Mexico’s state oil firm Pemex, was arrested on Tuesday in Palma de Mallorca after an arrest warrant was issued by Mexican authorities, a spokesman for the Spanish police said on Wednesday.
Lozoya headed Pemex from 2012 to 2016 and ran former president Enrique Pena Nieto’s election campaign. He is wanted for alleged bribery, tax fraud and other crimes.
The arrest took place at around 9.30pm (1930 GMT), the spokesman said, but he could not say what the next steps would be.
On Tuesday neither the Mexican Finance Ministry’s money-laundering czar Santiago Nieto, the Mexico attorney’s general office or Lozoya’s lawyer could confirm an arrest warrant had been issued.
The arrest reflects Mexican President Andres Manuel Lopez Obrador’s pledge to root out entrenched corruption and would be the highest profile case since he took office Dec.1 after a landslide victory.
Mexican President Andres Manuel Lopez Obrador has officially launched the $8 billion construction of a controversial oil refinery that experts say is likely to blowout in cost.
Goalkeeper Guillermo Ochoa saved a sudden death penalty as Mexico edged Costa Rica 5-4 on penalties to reach the CONCACAF Gold Cup semi-finals in Houston, Texas on Saturday.
The women of the indigenous community in the east of Mexico said how they felt cheated of their traditional motifs where "each element has a personal, family or community meaning."
The Opec oil-producing countries and ally Russia said on Friday they have agreed to cut their crude production by an extra 500,000 barrels a day as they try to support global energy prices.
Pakistan’s largest real estate portal, Zameen.com, successfully kicked off the third edition of its annual Pakistan Property Show (PPS) in Dubai on Friday.
The total number of international tourist arrivals to Dubai and Abu Dhabi increased to 15.88 million during the first nine months of the year, as compared to 15.26 million during the same period last year,
WTS Dhruva Consultants, a boutique tax advisory firm and FTA registered Tax Agent with presence in the UAE, Saudi Arabia and Bahrain, has published another comprehensive guide on ‘Impact of Indirect Taxes on Retail Sector