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Pemex agrees to start a reparation agreement with former director Lozoya

Mexico City, Mexico — Mexico’s  Petróleos Mexicanos (Pemex) has agreed to initiate a reparation agreement with Emilio Lozoya for the Odebrecht and Agronitrogenados cases.

The Attorney General of the Republic (FGR), along with the Financial Intelligence Unit (FIU) and Pemex, agreed to start drafting a reparation agreement with Emilio Lozoya Austin, the former Director of Pemex, which would imply eventually withdrawing the charges of money laundering, bribery and criminal association in the Odebrecht and Agronitrogenados cases.

At the hearing, Lozoya’s lawyer, Miguel Ontiveros Alonso, stated that despite the negotiation of the reparation agreement, his client does not admit to being guilty of any crime with which he is accused.

During the intermediate hearing at the Federal Criminal Justice Center of the North Prison, Judge Gerardo Genaro Alarcón López, was informed that they are in the process of materializing a reparation agreement with Pemex to which the agents of the Public Ministry of the Federation did not oppose.

Judge Alarcón López rescheduled the intermediate hearing for July 18 at 12:30 p.m. so that the parties can present a materialized agreement. During the hearing, the amount of the reparation agreement was not established, although Lozoya’s defense has publicly offered $10,736,351 for both the Odebrecht and Agronitrogenados cases.

By order of the judge, Lozoya will continue to remain in the North Prison of Mexico City.