After Petroperú announced, through a statement broadcast on all its official channels, that the board of directors has been endorsed by the General Meeting of Shareholders (JGA), made up of the Ministry of Energy and Mines (Minem) and the Ministry of Economy and Finance (MEF), the latter rejected this statement and, on the contrary, stated that they have not endorsed the administration of the state company.
Through a statement, the MEF specified that during the session held on March 16, they expressed concern about the financial situation of Petroperú.
Given this concern, the JGA requested “the Board of Directors of Petroperú to present to the JGA the technical, economic and legal reports, regarding the audit of the company’s financial statements, as well as reports on the impacts that it has been generating both in the downgrading of the credit rating of the company Petroperú and status of the debts with CESCE of Spain and the Bondholders, among others”.
Release. Source: MEF
Source: Larepublica
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