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 Mayor Asks Who Allowed Building at Protected Playa Blanca

Garabito's mayor questions how roads and homes were built at Playa Blanca, protected as a marine wetland since 1994.

Three Missing After Being Swept Away at Tarrazú Waterfall and Guanacaste Beach

Three people remain missing after strong currents swept them away in two separate incidents today, one at a waterfall in the Los Santos region...

Costa Rica Fires Foreign Minister After Trump Meeting Dispute

President Laura Fernández fired Foreign Minister Manuel Tovar today after saying he failed to tell her about a high-level security meeting with U.S. President...

Costa Rica Pauses School Rebuild Over Possible Archaeological Site

Costa Rica's National Museum sent an archaeologist to a rural high school in Pérez Zeledón yesterday after construction crews rebuilding the campus turned up...

Costa Rican Lawmakers Reject Minute of Silence for Man Who Died in ICE Custody

Costa Rica's Legislative Assembly yesterday rejected a motion to hold a minute of silence for Carlos Josué Marchena, a Costa Rican man who died...

Jacó Beach Is Changing as New Residents and Major Brands Move In

For decades, Jacó’s economy has revolved around the beach. Surfing, hotels, restaurants, nightlife and weekend visitors from San José helped turn the Central Pacific...

Water Rationing Hits 74 Communities as El Niño Dries Out Costa Rica’s Pacific Side

If you live on Costa Rica's northern Pacific side, your tap may already be running on a schedule. Community water systems in 74 communities...

Human Trafficking Cases Reach 16-Year High in Costa Rica

Costa Rica recorded 83 human trafficking victims in 2025, the highest number reported in any single year since at least 2010, according to figures...

Costa Rica Ranks Fifth in the World for Retirees in Global Relocation Index

Costa Rica ranks 20th out of 192 countries and territories in the 2026 Global Relocation Index, and fifth in the world for retirees, according...
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel