Emilio Lozoya still not able to reach a reparation agreement for the Odebrecht case in Mexico

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Emilio Lozoya, former director of Pemex, did not reach a reparation agreement, due to a postponement of the intermediate hearing for the corruption case of the Brazilian Odebrecht in Mexico.

This after Lozoya, who led the company from 2012 to 2016, insisted on repairing the damage with 200 million pesos, using a criterion of opportunity and collaborating in the investigation as the main person involved in the Odebrecht global bribery scandal under the administration of former President Enrique Peña Nieto (2012-2018).

The decision of the control judge Gerardo Genaro Alarcón came after listening to Lozoya and his mother Gilda Margarita Austin, also implicated in the case, in the last intermediate hearing, in which the defense of the former director of Pemex and the Attorney General’s Office República (FGR) presented evidence and arguments.

While Lozoya did it in person, his mother participated virtually due to her medical condition, considered delicate. Said hearing took place for more than seven hours and was postponed for follow-up until next Monday at 2:00 p.m., Mexico City time.

Lozoya can still reach the agreement but for today he did not reach it due to time.

During Lozoya’s appearance before the prison judge of the North Prison (prison), the judge ruled out three fundamental pieces of evidence from the FGR related to information from bank accounts in tax havens in Switzerland of the former director of the Mexican oil company, considering that the secret was violated banking.

With this payment, Lozoya and his legal team sought to adhere to a criterion of opportunity and avoid criminal charges for money laundering, bribery, and criminal association in a trial and a minimum sentence of 39 years in prison requested by the FGR.

Source: El Financiero

The Mexico City Post