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What was the TCQ case and how did APM Terminals come to operate at Puerto Quetzal?

According to the cited documentsPress figureLogistics

EPQ–TCQ usufruct

25 years

Signed Jul 11, 2012Soy502

On Jul 11, 2012 EPQ signed a 25-year usufruct with Terminal de Contenedores Quetzal S.A. (TCQ) under the government of Otto Pérez Molina. In 2016 CICIG and the special prosecutor's office (FECI) revealed that Pérez Molina and Roxana Baldetti led a network of 15 people that sought the irregular signing of the contract in exchange for bribes of more than US$30 million (the 'TCQ case'). APM Terminals, which had acquired Grup Marítim TCB (owner of TCQ) claiming no knowledge of the contract's origin, paid the State US$32.7 million in civil reparation within a US$43.2 million MOU (2016). In 2017 APM ended up with 85% of TCQ and the IFC with 15%, with the approval of Congress; the terminal has operated since then as APM Terminals Quetzal.

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  • Bribes investigated (TCQ case)

    More than US$30 M

    2016Soy502 / No Ficción
  • APM Terminals85%
  • IFC stakes in TCQ15%
2017Soy502 / IFC
  • Civil reparation paid by APM / total MOUUS$32.7 M / US$43.2 M2016T21 / PortalPortuario

Sources

  • Soy502

    Turbulenta historia de APM Terminals en EPQ

    • EPQ–TCQ usufruct
    soy502.comAccessed Aug 19, 2026Go to the source
  • Soy502

    TCQ / APM Terminals: historia de la polémica terminal

    • EPQ–TCQ usufruct
    soy502.comAccessed Aug 19, 2026Go to the source
  • T21

    APM Terminals paga reparación civil

    t21.com.mxAccessed Aug 19, 2026Go to the source
  • PortalPortuario

    APM Terminals investigará qué compró

    portalportuario.clAccessed Aug 19, 2026Go to the source