Reuters.- Grupo Carso, owned by magnate Carlos Slim, intends to allocate an amount close to 800 million pesos to rehabilitate and reinforce the elevated section of Line 12 of the Mexico City Metro that collapsed in May, the general director of the company.
Grupo Carso’s construction unit, CICSA, joined together with the company ICA and the French firm Alstom, a consortium that built Line 12 of the capital’s Metro and was in charge of the damaged stretch, although it has refused to be responsible.
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“In this case for our auditors, the materiality is around 800 million pesos,” said Antonio Gómez, CEO of Grupo Carso, about the cost of the repair, in a call with analysts. In addition, he clarified that it was an estimated figure and that it represents no more than 1% of the company’s sales.
This month, Slim’s company signed a collaboration agreement and a reparatory agreement with the authorities of Mexico City to carry out the work. According to an independent investigation contracted by the capital authorities, structural failures of origin caused the accident that caused the death of 26 people.
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The capital’s Prosecutor’s Office has reported that it will accuse 10 “individuals and legal entities” in the case, including the former director of the Metro Project, Enrique Horcasitas, while the current chancellor, Marcelo Ebrard, ruled the city, who denied being responsible for the events.
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