Pemex ?lends? 500 million pesos to oil workers? union (Spanish)

Reforma, 2/14/2013

Pemex recently allowed the Oil Workers Union of Mexico, headed by Carlos Romero Deschamps, to borrow 500 million pesos to be paid back in ten years at no interest.

Although Pemex wished to maintain this information secret until January 2021, REFORMA acquired Union Administrative Council document 10614 which describes that the resources were handed to the organization on December 8th, 2011 for the purpose of ?building houses.?

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This entry was posted on Friday, February 15th, 2013 at 11:27 am and is filed under Business and Competitiveness, Economic Integration, Energy and Natural Resources. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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Source: http://mexicoinstitute.wordpress.com/2013/02/15/pemex-lends-500-million-pesos-to-oil-workers-union-spanish/

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