How a Front Company Enabled the Ortega-Murillo’s Takeover of Nicaragua's Electricity Sector
Agronegocios Comerciales SA (Commercial Agribusinesses, in English), a front company presided over by private businessman Tirso Celedón Lacayo, was the vehicle used by the Ortega-Murillo family in 2013 to acquire the state-owned electricity distribution companies Disnorte and Dissur, valued at US$140 million. In February 2013, Disnorte and Dissur were acquired from Fenosa Natural Gas by […]
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