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Director / Editor: Victor Teboul, Ph.D.
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Mexico Freezes Oil Exec, Steel Accounts in Corruption Probe

Mexican authorities have frozen the bank accounts of Emilio Lozoya, the former head of Mexico's state-owned oil company, and those of steelmaker Altos Hornos de Mexico, in what looks to be a major new push to punish alleged corruption. Altos Hornos de Mexico said later Tuesday in a statement that its president Alonso Ancira Elizondo was arrested in Spain for reasons it had not ascertained. The company said it was awaiting a response from Mexico's finance ministry to its request...

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