Gastón Azcárraga Explained
Gastón Azcárraga Andrade is a Mexican businessman and current fugitive of the Mexican justice system, who has controlled Grupo Posadas and Mexicana Airlines, and is wanted for financial crimes linked to the latter company prior to its bankruptcy.[1] [2] [3]
The order for his arrest was overturned,[4] but in late 2018 was reaffirmed,[5] and Azcárraga remains at large, living in luxury in the United States, having requested asylum there.[6]
Embezzlement
Azcárraga has been accused of financial fraud related to his administration and ownership of Mexicana Airlines.[7] On February 19, 2014, Mexico issued an arrest warrant for money laundering. In 2006, Mexicana created a trust, “Fideicomiso 589”, to benefit employees, but instead, the fund was used to purchase Mexicana Airlines shares from Grupo Posadas.
Notes and References
- Web site: PGR: Operaciones fraudulentas de Mexicana de Aviación beneficiaron a Grupo Posadas | SDP Noticias . 2019-01-18 . 2019-01-19 . https://web.archive.org/web/20190119121030/https://www.sdpnoticias.com/economia/2014/03/06/pgr-operaciones-fraudulentas-de-mexicana-de-aviacion-beneficiaron-a-grupo-posadas . dead .
- Web site: ¿Quién es Gastón Azcárraga?. dead. https://web.archive.org/web/20180609154638/http://www.milenio.com/negocios/quien-es-gaston-azcarraga. 2018-06-09.
- Web site: Stocks . .
- Web site: Gastón Azcárraga, libre gracias a la PGR . 2023-04-26 . www.proceso.com.mx . spanish.
- Web site: Gastón Azcárraga, ex dueño de Mexicana, sí podrá ser capturado . 2023-04-26 . Vanguardia MX . es-MX.
- Web site: EFE . 2014-05-15 . Former owner of Mexicana de Aviacion asked for U.S. asylum, AG's office says . 2023-04-26 . San Diego Union-Tribune en Español . es-US.
- Web site: Mexicana: ‘Agarraron a Lozoya, ¿por qué no traen a Gastón Azcárraga?’, cuestiona líder de pilotos . 2023-04-26 . El Financiero . es.