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MADRID: A Spanish court said on Monday it was allowing the extradition of a former chief executive of Mexican state oil company PEMEX accused of corruption to his home country.
Emilio Lozoya, PEMEX chief from 2012 to 2018, is accused of accepting millions of dollars in bribes from scandal-tainted Brazilian construction giant Odebrecht.
Lozoya was a top advisor to former president Enrique Pena Nieto (2012-18) and allegedly used the bribes to help fund Nieto’s presidential campaign bid.
He is also accused of having authorised the acquisition by PEMEX of a fertiliser factory in a poor state for $500 million, a price that prosecutors deem to have been suspiciously high. (AFP)
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07/07/2020
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