The Government dissolved the Federal Electric Transport Trust Fund for “irregular management”

The Government dissolved the Federal Electric Transport Trust Fund (FFTEF), a financial mechanism created to finance works to expand the high-voltage electrical power system. The measure, officially published in the Official Gazette by Decree 234/2025, responds, as explained in the text of the regulation, to irregularities observed by the audits of the General Union of the Nation (SIGEN) and the Internal Audit Unit of the Ministry of Economy in …

The date was strategically chosen: on October 10, 2009, a Saturday, the Federal Police and the Army occupied the state-owned electricity company Luz y Fuerza and the Mexican Electricity Workers' Union (SME). At the same time, the then conservative President Felipe Calderón declared the dissolution of the company by decree. His official statement: "Introduced operational and financial inefficiency".From one day to the other, 44,000 workers were p…

The Government of Argentina has decided to dissolve the Federal Electric Transport Trust Fund (FFTEF) after identifying various irregularities in its administration. This action was formalized by Decree 234/2025, recently published in the Official Gazette. Created in 1999 by the Energy Secretariat of the then Ministry of Economy and Public Works and Services, FFTEF was aimed at financing works aimed at expanding the high-voltage electrical energ…

The National Government decided to dissolve the Federal Electric Transport Trust Fund (FFTEF) due to the “thinty use of resources” and “the lack of controls and results.” The measure was arranged through Decree 234/2025 published this Monday in the Official Gazette and was taken because the FFTEF “registered a terrible use of the resources of the society... Source

The national government dissolved the Federal Electricity Transmission Trust Fund (FFTEF) due to the "poor use of resources" and "a lack of controls and results." This was done through Decree 234/2025, published this Monday in the Official Gazette. The measure was taken because the FFTEF "recorded poor use of society's resources, a lack of controls and results," according to an official statement. This Fund was created in 1999 with the aim of fi…

Decree 234/2025, published today in the Official Gazette, President Javier Milei and Minister of Economy Luis Toto Caputo dissolved the Trust Fund for Federal Electric Transport in an act desperate for the national financial situation. The Fund, formed with the increase of 0.0006% per kilowatt-hour in the position established for each operation ...