Mexican governor and president clash over loan allegations

Díaz de Leon says controversial loan decision was made before he headed development bank

Alejandro Díaz de León

Mexico’s central bank governor has rejected a statement by the country’s president that implicated him in a controversial loan.

On August 26, in his daily press conference, Mexican president Andrés Manuel López Obrador accused the public development bank Bancomext of approving a controversial loan used by the national oil company Pemex. The loan was allegedly used to pay over the odds for the acquisition of a fertiliser plant.

“There were paid 9 billion pesos ($410 million). Do you know who

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