AGL 34.48 Decreased By ▼ -0.72 (-2.05%)
AIRLINK 132.50 Increased By ▲ 9.27 (7.52%)
BOP 5.16 Increased By ▲ 0.12 (2.38%)
CNERGY 3.83 Decreased By ▼ -0.08 (-2.05%)
DCL 8.10 Decreased By ▼ -0.05 (-0.61%)
DFML 45.30 Increased By ▲ 1.08 (2.44%)
DGKC 75.90 Increased By ▲ 1.55 (2.08%)
FCCL 24.85 Increased By ▲ 0.38 (1.55%)
FFBL 44.18 Decreased By ▼ -4.02 (-8.34%)
FFL 8.80 Increased By ▲ 0.02 (0.23%)
HUBC 144.00 Decreased By ▼ -1.85 (-1.27%)
HUMNL 10.52 Decreased By ▼ -0.33 (-3.04%)
KEL 4.00 No Change ▼ 0.00 (0%)
KOSM 7.74 Decreased By ▼ -0.26 (-3.25%)
MLCF 33.25 Increased By ▲ 0.45 (1.37%)
NBP 56.50 Decreased By ▼ -0.65 (-1.14%)
OGDC 141.00 Decreased By ▼ -4.35 (-2.99%)
PAEL 25.70 Decreased By ▼ -0.05 (-0.19%)
PIBTL 5.74 Decreased By ▼ -0.02 (-0.35%)
PPL 112.74 Decreased By ▼ -4.06 (-3.48%)
PRL 24.08 Increased By ▲ 0.08 (0.33%)
PTC 11.19 Increased By ▲ 0.14 (1.27%)
SEARL 58.50 Increased By ▲ 0.09 (0.15%)
TELE 7.42 Decreased By ▼ -0.07 (-0.93%)
TOMCL 41.00 Decreased By ▼ -0.10 (-0.24%)
TPLP 8.23 Decreased By ▼ -0.08 (-0.96%)
TREET 15.14 Decreased By ▼ -0.06 (-0.39%)
TRG 56.10 Increased By ▲ 0.90 (1.63%)
UNITY 27.70 Decreased By ▼ -0.15 (-0.54%)
WTL 1.31 Decreased By ▼ -0.03 (-2.24%)
BR100 8,615 Increased By 43.5 (0.51%)
BR30 26,900 Decreased By -375.9 (-1.38%)
KSE100 82,074 Increased By 615.2 (0.76%)
KSE30 26,034 Increased By 234.5 (0.91%)
World

Mexican court rolls back sanction for firm owned by son of president's ally

  • The SFP-led investigation exonerated him of any wrongdoing.
Published December 29, 2020

MEXICO CITY: A Mexican court has lifted a sanction against a company owned by the son of a close ally of the president, opening the door for the company to resume business with public entities, according to a notice in the government's official gazette on Monday.

The Public Administration Ministry (SFP) in August had banned Cyber Robotics Solutions from receiving any new government contracts for 21 months, arguing that the company had provided false information in a deal with the Social Security Institute.

The SFP had also banned Cyber Robotics from public works in July, after finding it had over-charged for ventilators amid the coronavirus pandemic, but a court suspended the order after the company appealed.

Cyber Robotics is owned by Leon Manuel Bartlett, son of Manuel Bartlett, who heads national electricity company CFE.

The elder Bartlett, an influential aide of President Andres Manuel Lopez Obrador, last year was subject to an ethics probe relating to his wealth and potential conflicts of interest.

The SFP-led investigation exonerated him of any wrongdoing.

After an appeal from Cyber Robotics over the 21-month disqualification, an administrative court "resolved to grant, definitively, the preventive measure requested by the company," the government notice said.

The court also lifted a fine, which the SFP had set at 887,145 pesos ($44,424). The notice did not detail the court's rationale for the decision.

Comments

Comments are closed.