Global Investigations Review - The law and practice of international investigations

Investigator's Guide to Mexico

Mexico 127114 1547

The Investigator's Guide to Mexico

From self-reporting to legal privilege, Marieke Breijer looks at the perils and pitfalls of internal investigations in Mexico.

Other Highlights

Citigroup internal investigation reveals potential Mexico fraud

Mexico’s attorney general’s office is investigating alleged fraud at Mexican oil services company Oceanografia following Citigroup’s discovery that the company only had enough collateral to cover US$185 million of a US$585 million secured loan.

Maria Fernanda Garza: corruption clauses, stepping on toes and political will

At the International Bar Association and International Chamber of Commerce Latin American anti-corruption conference held in Mexico City in May, Marieke Breijer met with Maria Fernanda Garza, chair of the ICC’s Mexican chapter, to discuss the organisation’s role in combating corruption locally in Mexico and worldwide.

Mexico's Investigations Bar

Following the recent enactment of the Anti-Money Laundering Law, the Anti-Corruption in Public Procurement Law and data privacy laws, the Mexican investigations bar is growing. Here, Marieke Breijer identifies the main lawyers to turn to and why.

US lawsuit corruption allegations totally false, says Mexican court

A lawsuit against Yahoo! and Baker & McKenzie, claiming corruption issues in Mexico, has been brought in the US because the plaintiffs say they lack faith in the Mexican judicial system.

Citigroup ordered to disclose compliance records

A Delaware magistrate has ordered Citigroup to give a pension fund, which is considering suing the bank, access to internal records relating to US$430 million of alleged fraudulent loans issued by the bank’s Mexican subsidiary.

Mexico: at a crossroads

Mexico’s government is under increasing pressure to overhaul the country’s anti-corruption laws following widespread public protests.

Pemex case against HP could spur more RICO FCPA lawsuits

The Mexican state-owned company Pemex argues it was overcharged after two of its employees, who were allegedly bribed by US technology company HP, made it sign a US$6 million contract.

Battling the rising cost of investigations

When a company is made aware of a potential Foreign Corrupt Practices Act (FCPA) violation, there is no predicting where an investigation will lead, or how much it will eventually cost. However, general counsel can take a number of steps to minimise the impact it will have on the company’s reputation and its budget.