Mexico's federal police on Sunday took over the offices of Mexico’s second-largest electricity company after the government passed a decree late Saturday ordering it to close on the grounds of gross inefficiency.
Officers dressed in riot gear occupied dozens of offices and distribution centres of Luz y Fuerza del Centro (LyFC), a decentralised public-sector company that supplies electricity to residents in Mexico City and surrounding states. Federal police have the obligation to protect and defend state-owned property deemed to have strategic national importance. The government said it would guarantee service to the company’s customers, as well as the pension obligations of LyFC’s 44,000 workers.
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