Mexico to Consider Changes to Pemex Regulatory System

2/4/2015 Reuters

120px-PemexMexico will review methods for addressing fraud and other issues brought to the attention of internal investigators at state oil company Pemex and could make changes to its control process across all government bodies, a government minister said on Wednesday.

The review is in response to a Reuters report that found congressional auditors issued 274 recommendations between 2008 and 2012 for Pemex to take serious action over contract and other irregularities, but the state oil company acted in only three cases.

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