Particle.news

Download on the App Store

Salinas Pliego Posts $25 Million Bond in New York to Avoid Detention in AT&T Dispute

The case turns on allegations that he failed to disclose tax debts in the 2014 Iusacell sale to AT&T.

Overview

  • New York Supreme Court Justice Andrea Masley required a $25 million bond after finding Salinas and affiliated companies in contempt for not satisfying a court-ordered payment to AT&T.
  • AT&T prevailed in U.S. litigation alleging the Iusacell sale concealed preexisting tax liabilities, and the court has pursued enforcement after nonpayment.
  • The bond averts immediate arrest, but the contempt finding remains in place while the underlying obligation is unresolved.
  • President Claudia Sheinbaum said the matter involves defraudación and urged the businessman to pay what he owes, noting her office has requested details on the U.S. process.
  • Grupo Salinas denounced the president’s remarks as defamatory and said it is evaluating legal actions, as the firm also contests separate Mexican tax claims exceeding 74 billion pesos.