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Federal Authorities Investigate Pemex Officials, Employees For Involvement In Fuel-theft

ISSN:1054-8890
LADB Article ID: 50784
Category/Department: Mexico
Date: 2009-08-05
By: LADB Staff

In late July, federal law-enforcement authorities seized key documents from the headquarters of the state-run oil company PEMEX that could implicate some officials in an elaborate scheme in which millions of dollars worth of fuel were siphoned off from pipelines. The raid by law-enforcement personnel from the Procuraduria General de la Republica (PGR) and other agencies suggested that a high level of corruption still exists in the company. Fuel theft costs PEMEX close to US$2 billion per year. PEMEX inspectors detected at least 396 illegal connections to its fuel pipelines in 2008.

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