Mexico charges five ex-officials in railway fraud case

09:03, June 09, 2010      

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Five former Mexican railway officials have been charged in a fraud case that caused a loss of over 150 million U.S. dollars in public funds, the government said on Tuesday.

The Public Duties Ministry (SFP), the country's anti-corruption agency, made the announcement at a broadcast press conference.

The former officials are charged with illegally transferring railway materials including sleepers, nails and bolts, to scrap metal firms in the 1990s. Mexico's railway system was undergoing privatization and downsizing its passenger services at the time.

If found guilty, the defendants will be barred from public office for 11 to 15 years, and may face jail terms or hefty fines after a separate prosecution by the Attorney General's Office.

Source:Xinhua

(Editor:intern1)

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