MEXICO CITY (Reuters) - Mexico's government will take control of first division soccer club Gallos Blancos de Queretaro, whose owner is the chief executive of a company at the center of a money-laundering probe involving Citigroup's Mexican subsidiary, a high-ranking government official said on Tuesday.
Mexican authorities are investigating oil services company Oceanografia after Citigroup said on Friday it had discovered at least $400 million in fraudulent loans at its Mexican subsidiary, Banamex.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
