Former Pemex CEO pleads not guilty of corruptionsChristian Fernsby ▼ | July 29, 2020
Emilio Lozoya, the former CEO of Mexico's state oil company Pemex, said during a court appearance Tuesday that he was innocent of corruption charges against him.
Former head Pemex Emilio Lozoya
He faces charges for his suspected role in a corruption scheme involving Brazilian construction giant Odebrecht and Pemex's multimillion dollar purchase of a fertilizer plant called Agronitrogenados.
Lozoya has been under investigation since 2017, after Odebrecht revealed to U.S. prosecutors that it ran a multinational bribery operation to secure lucrative government contracts, including from Pemex. ■