Spooking foreign investors: Pemex business executive kidnapped in southern Mexico.
MEXICO CITY, May 11 – A business executive was kidnapped by armed men, while having dinner at a roadside at the southern Mexican city of Villahermosa.
The gunmen seized Nestor Martinez, who manages a production unit for energy monopoly Pemex in the oil-rich state of Tabasco, and sent his driver on to deliver the news he had been kidnapped, industry sources say.
Martinez was released a few days after his abduction last month but a spate of kidnappings of Pemex executives has shaken the oil industry in a country where drug cartels and organized crime gangs are increasingly spooking foreign investors. READ MORE HERE.