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A Decade After Lozoya Pemex Fraud Burns Millions of Pesos in Fertilizer Companies

Summary by Proceso
Pemex continues to bleed public resources to keep the fertilizing plants that Emilio Lozoya bought overrated during Peña Nieto's six-year period afloat.
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About a decade after the overpriced purchases of Agronitrogenated fertilizer companies and Fertinal Group from companies of Alonso Ancira Elizondo and Ricardo Salinas Pliego, and Fabio Covarrubias Piffer, respectively, Pemex continues to spend tens of millions of dollars a year on the interest of the credits it contracted to finance [...]

Pemex continues to bleed public resources to keep the fertilizing plants that Emilio Lozoya bought overrated during Peña Nieto's six-year period afloat.

·Mexico
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Proceso broke the news in Mexico on Tuesday, March 10, 2026.
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