Ancira makes a second payment to Pemex for $54 million dollars

The company Altos Hornos de México (AHMSA), owned by Alonso Ancira, known as “the King of Steel”, made a second payment of 54 million dollars to Petróleos Mexicanos (Pemex), as part of the reparation agreement for the fraudulent purchase and sale of the Agronitrogen fertilizer scrap plant in 2013.

“Altos Hornos de México informs that it complied in due time and form with the payment of 54 million dollars to Petróleos Mexicanos (Pemex), corresponding to the second installment of the reparation agreement established in 2021”, said the state-owned company in a statement released this Friday.

The reparation was agreed on April 19, 2021 when the Prosecutor’s Office agreed to release Ancira in exchange for paying 216.6 million dollars as reparation for the damage to Pemex for selling it the Agronitrogenous fertilizer scrap plant in 2013.

At that time, Ancyra’s defense reported that there would be three annual payments as of November 30 so that the Attorney General of the Republic (FGR) will not take him to trial.

“The King of Steel” I was in preventive detention in the Reclusorio Norte of Mexico City since February 4, 2021one day after his extradition from Spain, where he was detained since May 2019 upon his arrival at the Palma de Mallorca airport.

The businessman was accused of sell to Pemex, with an overprice of 500 million dollars, the useless Agronitrogenados fertilizer plant in 2013when the director of the state oil company was Emilio Lozoya, the main detainee in Mexico for Odebrecht bribes.

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The current Government of Mexico headed by President Andrés Manuel López Obrador argued that the fertilizer plant was not worth more than $50 millionTherefore, it is considered that the overpricing negatively affected Pemex, in addition to the fact that it still does not work because it is obsolete.

In December 2021 it was announced that the company International Mining and Metallurgical Alliance (AMI), a group of partners headed by businessman Julio Villarreal, agreed acquire 55% of Altos Hornos de Méxicoin addition to repairing the damage caused by the sale of Agronitrogenados to the federal government.

The purchase of Agronitrogenous -a plant that had been abandoned for 14 years- cost the government of Enrique Peña Nieto in 2013 nearly 650 million dollars in total, according to data from the Superior Audit of the Federation (ASF)

The 200 million overprice would correspond to the first evaluation made of the plant in its original state before being acquired. (EFE)

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