Mexico banking regulator fines OHL $4 million
MEXICO CITY, March 28 (Reuters) - Mexico's securities regulator fined Spanish construction firm OHL's Mexican unit 71.7 million pesos ($4.10 million), flagging inadequacies in its financial reporting though there was no evidence of fraud, a statement from the bourse showed on Monday.
The company, a subsidiary of Spain's OHL , has been battered by corruption allegations since recordings were first leaked early last year that appeared to show its executives discussing overcharging the government for a highway concession.
($1 = 17.5085 Mexican pesos) (Reporting by Alexandra Alper and Veronica Gomez; Editing by Bernadette Baum)
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