Sooner or later the truth comes to light. The resolution of the National Energy Commission (CNE) not to investigate, at the request of Repsol and the association of minority shareholders (AEMEC), increasing the participation of the Mexican oil company Pemex in the capital of Repsol through an agreement tacit Sacyr construction group, had a lot of darkness and some rigorous technical analysis, according to business after the last board of the CNE.
The newspaper said the Ministry of Industry gave the order that the operation of Sacyr, Pemex was not to investigate under any circumstances. And yesterday jumped the hare. Two directors of the CNE, Idoia Zenarrutzabeitia (PNV) and José María Guinart (CIU), the regulator said yesterday that legislation violated administrative procedures for the analysis of whether the escalating shareholder in Repsol Pemex should be studied under Function 14.
The fact that the CNE lie about whether he had taken any decision on the case Repsol at its meeting on 27 September to ensure that “had not addressed the issue” when the next day recognized that if you study, did that set off alarms within the regulator itself presiding Alberto Lafuente.
Really discussed the form and not the merits because it was not necessary that the CNE had to decide on this action without the rigorous technical and legal study.
So much so that at the meeting held on 29 and there was a resolution on the case. The CNE decided not to investigate the escalating shareholder in Repsol Pemex because it met the legal requirements of the function 14.
Deception after deception
“We were not delivered, with 48 hours notice required by law, the proposed agreement was to be submitted to the council to vote,” he said yesterday in a dissenting directors set against the decision of the CNE not study the operation.
“This proposal was delivered to us late in the afternoon before the council, and even changed 10 minutes before the same,” which in his view, “is a breach of the provisions of Article 24 of Law 30 / 1992 of the Legal Regime of Public Administrations and Common Administrative Procedure. “
The scandal within the CNE is already fully served and dirty Miguel Sebastián step ahead of industry, especially as it is a setting operation like Repsol and if it comes from a business related to the Minister Luis del Rivero as .
Yesterday, the director general of Pemex, Juan Jose Suarez Coppel, dared at last to go to the Mexican Congress to explain its operation with Sacyr. Coppel not brought out anything new and continued referring to his operation as something that “improving governance and the interests of the Spanish company.” According to Coppel, the 1,700 million dollars with which Pemex cai bought 5% of Repsol “not hinder or limit investment in Mexico.”
Suárez Coppel suffered harassment from members of Congress, especially the PRD and the PT, which reproached him the fact of joining a company like so Sacyr debt.