No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessMexico's Peña Nieto asks for investigation into his mansions

Mexico’s Peña Nieto asks for investigation into his mansions

MEXICO CITY – Battling favoritism accusations, Mexico’s scandal-hit President Enrique Peña Nieto announced on Tuesday an investigation into houses that he, his wife and his finance minister bought from government contractors.

Peña Nieto, who has been under fire over the purchases of his family’s luxurious homes, denied that there were any conflicts of interest in the transactions with companies that have won lucrative government contracts.

“This has never been the case in my responsibility as president or in my previous public offices,” Peña Nieto said in televised remarks.

“Reaffirming my commitment with transparency and accountability, I have asked the Public Service Ministry to investigate and resolve whether there were, or not, conflicts of interest,” Peña Nieto said.

The Mexican leader presented a new anti-corruption czar, Minister for Public Service Virgilio Andrade Martínez, and asked him to form a panel of experts to review the results of the investigation.

Mexican investigative journalists revealed in November that First Lady Angelica Rivera, a former soap opera star, bought a multimillion-dollar Mexico City mansion from a government contractor six months before her husband was elected president in 2012.

A scandal erupted because a few days before the news report, Peña Nieto canceled a $3.7 billion contract that had been awarded to a Chinese-Mexican consortium that included the contractor, Grupo Higa.

Then in December, Finance Minister Luis Videgaray acknowledged that he had also bought a home from the same contractor two months before Peña Nieto took office in December 2012.

In January, The Wall Street Journal reported that Peña Nieto bought a house from another government contractor on a golf course in 2005, when he was starting his term as governor of Mexico State.

Peña Nieto, Rivera and Videgaray have all denied any wrongdoing.

But the revelations came as Peña Nieto faces the biggest challenge of his presidency over his admnistration’s handling of the presumed murder of 43 college students by gang-linked police.

Watch a video of Bloomberg reporter Brendan Case asking Finance Minister Luis Videgaray about the interest rate he obtained on his Grupo Higa home, during a Jan. 30 press conference (in Spanish):

Trending Now

Costa Rica President Confronts Calls to Strip Immunity

Costa Rican President Rodrigo Chaves denounced today an “attempted judicial coup” as he appeared before a congressional committee that must recommend to the full...

Earthquake Shakes Costa Rica’s Central Valley

An earthquake shook Costa Rica early Friday morning. The tremor occurred at 12:45 a.m. with a magnitude of 4.4. Its epicenter was located 1...

Major Cocaine Seizure in Costa Rica’s South Highlights Ongoing Cartel Fight

Costa Rican police pulled off a big win against drug traffickers this Sunday, seizing over a ton of cocaine hidden in a tourism minibus...

FBI Recordings Reveal Costa Rica Ex-Minister Celso Gamboa’s Drug Ties

Costa Rican authorities continue to hold former security minister Celso Gamboa in custody as U.S. officials push for his extradition on drug charges. Recent...

Costa Rica’s Sibö Chocolate Wins Bronze at Int’l Awards

Chocolate Sibö once again stood out at the International Chocolate Awards, the largest fine chocolate competition based in New York. The Costa Rican brand...

Costa Rica’s Tourism Sector Alarmed Over Rising Violence and U.S. Criticism

Tourism leaders in Costa Rica are warning that rising crime and international criticism could damage the country’s reputation as one of Latin America’s safest...
spot_img
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica