Fibra Danhos confirms Antonio Chedraui Obeso voted to approve land deal that included his cousin Jose Chedraui Budib

In a March 8, 2018 statement Fibra Danhos confirmed Antonio Chedraui Obeso voted to approve the land deal which included his cousin Jose Chedraui Budib by stating “our Technical Committee unanimously approved, including all of its Independent Members, the Parque Puebla land acquisition” on April 28, 2014.

The company’s investor disclosures via the Mexican Stock Exchange had not made clear how Antonio Chedraui Obeso had voted as one of the three independent members of the Technical Committee before the June 18, 2014 shareholders’ meeting. Fibra Danhos had simply stated:

  • “On April 28, 2014, Fibra Danhos’ Technical Committee approved the transaction” and the transactions were “previously approved by the Technical Committee pursuant to the terms provided in the Fibra Danhos Trust and the applicable law” (June 6, 2014 (#1 & #2) and June 9, 2014 (#1 & #2))
  • The transactions were “previously approved by the Technical Committee of Fibra Danhos in accordance with its provisions and applicable law” (also June 9, 2014 (#1 & #2))

ChedrauiLeaks had profiled the land deal on March 7, 2018 (the day before Fibra Danhos’s statement).

ChedrauiLeaks.org has noticed that the media in Mexico contains very little information about the business dealings and personal assets in the United States of what could be termed Mexican elites, wealthy business people and politicians. ChedrauiLeaks is not stating that any members of the Chedraui family or its businesses violated the law in connection with any of the referenced events.

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