EPM injects $1.5T into Afinia; manager calls it worst business in history

EPM's manager publicly criticizes its subsidiary Afinia, revealing $1.5 trillion in transfers over the past year, signaling financial distress and potential governance issues. The statement marks a rare public rebuke by a state-owned utility, raising questions about asset quality and future write-downs. This could affect EPM's credit profile and investor sentiment.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works