With a low profile, Amado Yáñez Osuna now dedicates his time to strengthening his health — he practices tennis every day at a club, with a former Olympic athlete — and to get Oceanografía afloat again, the shipping company that his father founded in 1968 and that was insured by the PGR in the middle of the supporters’ six-year term.
On his left arm, the businessman still carries the AP watch that he picked up in his good times at the Le Brassus factory in Switzerland. And now he also permanently wears the bracelet that allows judicial authorities to know his location, in real time. The artifact was placed on him almost five years ago, when he left Prison South, after paying bail.
Since his arrest, in October 2014, the majority partner of Oceanography had accumulated losses of 1,000 million dollars. The company had entered commercial bankruptcy. It seemed the end of a maelstrom that put the main shipping company in Latin America on the verge of bankruptcy.
At the end of the Calderón administration, the company of Yáñez Osuna and Martín Díaz had 75 vessels deployed in the Sonda de Campeche, for the exclusive use of Petróleos Mexicanos and its subsidiary entities.
But from the Pact for Mexico, the energy reform of the Peña administration was born. And the then general director of Pemex, Emilio Lozoya Austin, had received precise instructions to add to the business… other players.
At the beginning of the club’s six-year term, Oceanography was going through a phase of expansion: it had invested 250 million dollars in the acquisition of the OS Goliath and was about to buy the fleet of CAL Dive International Inc. —composed of supply vessels of Norwegian origin that were in Brazil — to have the capacity to comply with the 42 active contracts that it had signed with Pemex and its subsidiary, PEP.
In all cases, these were managed under the transfer of the right to collection in favor of CitiBanamex and/or Banamex Factoraje, under a regulatory contract signed in September 2012. With this support, Oceanografía managed annual sales of 1,000 million dollars and had purchase and capitalization offers for 2,650 million dollars.
A year later, Yáñez Osuna was pressured to leave Oceanography in foreign hands. Aaron Omar Olvera Monroy, Fabián Narváez Tovar and Arturo Herníquez Autrey had been the heralds of unseemly proposals, whose authorship he attributed to Lozoya Austin. First it was the tithe —20% of the amount of the contracts assigned to it and also of those that were in execution— and then, its incorporation to the purchase of the new fleet and finally, the transfer of 90% of the company’s shares. .
“It was the only option available, if you wanted to prevent the company from being affected,” Henríquez Autrey would have told him in Miami, at the end of 2013. “I did not agree because what they were asking for was something ridiculous, impossible to fulfill.”
Then he had started an audit of 29 contracts that led to a sanction against Oceanography: his disqualification from contracting with Pemex between February 2014 and November 2015, in addition to an economic fine. That was the beginning of a spiral of unfortunate events that brought Yáñez Osuna to the Reclusorio and the shipping company to the brink of bankruptcy.
So Banamex acted as trustee of all assignments of rights of Oceanography contracts with Pemex. The alleged diversion of resources denounced by Banamex has not been supported (sic) as well as the loss that it claims to have suffered, which it recorded in its statements of fiscal results for the 2013 fiscal year.
During the period that said regulatory contract was in force, the banking institution would have received —according to Yáñez Osuna— 2,500 million pesos but in February 2014, his lawyers filed the complaint that led to a cumbersome civil lawsuit that has since been unburdened in the City. from Mexico.
Eight years have passed. Banamex has failed to prove the debt it initially claimed and now that it has announced its sale, a Mexico City magistrate has issued precautionary measures.
The loss in Oceanography is estimated at approximately 30,000 million pesos only for the operations related to Banamex, without considering the damages suffered due to the lack of operation and fulfillment of the contracts that it had signed with Pemex, as well as the responsibilities of the company with its creditors, mainly foreign investors, shipowners and international ship operators.
This group also took legal action against Banamex for the damage caused eight years ago and threatens with more resources, which will allow them to have guarantees that the debts that the institution has will be covered before the sale of the Mexican bank.
In some spheres of the 4T there is a rumor that Emilio Lozoya would be willing to testify against the former head of the Treasury, Luis Videgaray, as well as against Citi, since they would have forced him to orchestrate the bankruptcy of Oceanography to hand it over to a nearby business group to the also former chancellor.
BETS. There is one week left for the term to expire and the full Congress of the State of Mexico to vote on the Expenditure Budget presented by the PRI governor, Alfredo Del Mazo, which contains the request for a debt ceiling of 9,500 million pesos, denied by the majority brunette. Those resources —according to the project prepared by state finance secretary Rodrigo Jarque— will finance road works to connect to the new Felipe Ángeles international airport. There are 53 days left for the inauguration of this mega work of the Fourth Transformation and there is no time left for speculation or political calculations. There will be positive news soon…
CONNECTED. With an investment of 110 million pesos, the Comprehensive Connectivity Plan for Guerrero will start, which seeks to mitigate the low levels of internet penetration in that entity in the Mexican southeast. American Tower Mexico will be in charge of development and telecommunications infrastructure. The agreement will translate into the installation of passive telecommunications infrastructure, such as towers, poles and fiber optics, which will enable more connectivity in tourist-oriented municipalities such as Acapulco, Chilpancingo, Taxco and Zihuatanejo.
Journalist and columnist for El Economista, author of Doña Perpetua: Elba Esther Gordillo’s power and opulence. Elba Esther Gordillo against the SEP.