Mexico freezes oil exec, steel accounts in corruption probe of state owned oil company


The energy sector in all its forms tends to be crony. Pemex is a state owned oil company in Mexico.

(From Fox Business)

Mexico scored 28 out of 100 points in Transparency International’s 2018 Corruption Perceptions Index, where a lower score indicates higher levels of corruption. That puts Mexico on par with Russia and behind countries such as Honduras and Bolivia on perceptions of clean business.

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