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Mexican Government Denies Paying Off Chinese Consortium

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Mexican authorities denied that they have paid US$16 million to China Railway Construction Corporation.

Mexico’s Ministry of Communications and Transportation (SCT) denied reports Wednesday that the government paid US$16 million to Chinese consortium China Railway Construction Corporation (CRCC) as a compensation for canceling its contract for constructing a high-speed train in Mexico.

Chinese newspaper South China Morning Post quoted an anonymous source Wednesday saying that the Mexican government had paid CRCC some US$16.2 million dollars as a compensation for revoking its decision.

“SCT states that the information of a payment as a compensation to the consortium led by China Railway Construction Corporation (CRCC) has no basis, since there has not 0been any payment,” said the ministry in a press release. The statement was confirmed by the CRCC.

On November, Mexican government revoked a bid for constructing a high-speed rail in the country that was won by CRCC. The deal was worth US$3.7 billion to build the high-speed rail from Queretaro, a central city in the state of Queretaro (some 180 miles north of the capital) to Mexico City.

CRCC said it was surprised of the decision of the Mexican government, and announced that it would think of taking legal measures., though the consortium was officially notified of the cancellation last Monday.

Though SCT did not explain the reasons for the cancellation, it happened after an investigation revealed a possible conflict of interest between Mexico’s president, Enrique Peña Nieto, and Mexican enterprise Grupo Higa.

Grupo Higa was one of the Mexican constructing enterprises participating in the rail construction and has been awarded various millionaire government contracts by Peña Nieto since he was the governor of the central State of Mexico. Grupo Higa was also said to own the luxurious US$7-million house that Peña Nieto’s wife, actress Angelica Rivera, was intending to buy.

[readon1 url="http://www.telesurtv.net/english/news/Mexican-Government-Denies-Paying-Off-Chinese-Consortium-20141204-0004.html"]Source:www.telesurtv.net[/readon1]