Mexican tycoon killed in helicopter crash
MEXICO CITY (Reuters) - A Mexican business tycoon was killed along with at least two members of his family in a helicopter crash on the outskirts of Mexico City on Sunday night, emergency officials said.
Moises Saba Masri, a powerful executive with interests ranging from telecoms to real estate, died along with five other people including the pilot, said Elias Moreno, the head of the city's emergency services.
"Apparently it was bad weather," Moreno said on Formato 21 radio. Mexico City has experienced unusually cold weather and foggy conditions for the past several days.
Mexico City Mayor Marcelo Ebrard was at the scene of the crash in a wooded area on the edge of Mexico's sprawling capital along with Saba's relatives and members of the close-knit Jewish community, the radio said.
Masri, with important holdings in Mexican telecom company Unefon and broadcaster TV Azteca, was cleared on fraud charges brought by the U.S. Securities and Exchange Commission in 2008.
The Saba family lost a fierce bidding war against U.S. bank Citigroup in 2007 to buy money-losing airline Aeromexico. The Sabas also control pharmaceutical company Grupo Casa Saba.
- Tweet this
- Share this
- Digg this
- Moscow fights back after sanctions; battle rages near Ukraine crash site |
- UK's Lloyds says case strengthened for re-starting dividends
- Netanyahu vows to complete Gaza tunnels destruction |
- Insight - European regulators training sights on Google's mobile software
- Russia wants Apple, SAP to cooperate against foreign spying