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Environment & Energy Report

Mexico to File Fraud Complaints Against Energy Firms, AMLO Says

June 30, 2020, 4:03 PM

Mexican President Andres Manuel Lopez Obrador promised to file complaints against energy companies that he said committed fraud in obtaining electricity contracts in the country.

In a Tuesday press conference, the president alleged that some contracts secured by companies during past administrations had been fraudulent and had resulted in high prices charged to the state utility. It wasn’t clear which contracts or companies he referred to, or whether the complaints would name anyone specifically.

Andres Manuel Lopez Obrador.
Photographer: Alejandro Cegarra/Bloomberg

Lopez Obrador is ratcheting up his dispute with private energy companies in his latest clash with the business sector after taking on pipeline operators, a...

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