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Billionaire Mexican Is Behind Company Suing Government for $2.4 Billion

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Court action pits Ricardo Salinas Pliego against the government of President Andrés Manuel López Obrador, with whom the businessman has allied.

Court action pits Ricardo Salinas Pliego against the government of President Andrés Manuel López Obrador, with whom the businessman has alliedMEXICO CITY—A lawsuit concerning a tech startup is pitting Mexican billionaire Ricardo Salinas Pliego, a key private-sector ally of President Andrés Manuel López Obrador, against the Mexican leader’s government.

The startup, which according to U.S. court records is partly owned by the businessman, sued Mexico’s federal government for $2.4 billion this year after Mexico City canceled a contract it won at auction to develop a ride-hailing smartphone app for the city’s 140,000 licensed taxis.

 

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Court action pits Ricardo Salinas Pliego against the government of President Andrés Manuel López Obrador, with whom the businessman has allied.

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