Mexico gave a substantial tax break to a company owned by a convicted money launderer with Los Zetas Cartel, an anti-corruption organization stated in their latest report. Mexican President Andres Manuel Lopez Obrador (AMLO) denied the assertion and claimed it was a bad faith effort to tarnish his administration.
Mexicanos Contra La Corrupcion y La Impunidad (MCCI) recently argued that Mexico’s Tax Office (SAT) gave a break of $92,561,000 pesos or $4.8 million USD to a gas station in Saltillo, Coahuila, owned by Juan Manuel “El Mono” Munoz, a convicted Los Zetas money launderer. The report released this week said Munoz owns a majority share of Mira Sierra, which benefited from a tax debt forgiveness procedure.
Munoz previously faced several indictments in the Western District of Texas in a money laundering case. Earlier this year, Munoz took part in a plea deal and became an informant in exchange for a lesser sentence. Munoz was also linked to former Coahuila Governor Humberto Moreira who was arrested and released in Spain in connection with his alleged dealings with Los Zetas.
Jim Acosta ruthlessly mocked for comparing removal of Trump’s name from Kennedy Center to fall of Berlin Wall
Haitian fraudster’s eye-popping taxpayer-backed drug scam puts Congress on the hunt
Horror Discovery: Remains of More Than 30 Unborn Babies Found in Pathologist’s Garden
Stephen A. Smith says ‘Karmelo Anthony murdered Austin Metcalf’
Iran Says Fighting Will End ‘Immediately and Permanently’ After Trump Announces Peace Deal
Zelensky laments Russian attack that damaged 1,000-year-old church
Trump Announces Iran Deal Is Complete, Says Military Operations Will End Immediately
Missouri skydiving plane crash that killed all 12 aboard is a ‘devastating loss,’ company says
Trump bet tariffs would bring back American factory jobs. New report says it didn’t work
Trump heads to G7 with Iran deal momentum, trade fights waiting
Both gubernatorial candidates look to Make Iowa Healthy Again
Immigrants filed tens of thousands of lawsuits in Trump’s first year
Detroit sisters accused of stabbing restaurant worker after wrong food order
Trump mixes sports and patriotism with UFC Freedom 250 ‘spectacle’
UFC Freedom 250 White House event: Photos
The report also points to tax breaks given to six businesses that took part in the large-scale embezzlement of government funds called “Estafa Maestra,” where corrupt officials were able to divert $400 million pesos. According to the report, six of those companies received tax breaks to the tune of $190 million USD this year.
In response to the allegations, AMLO said the information was erroneous and the companies were forgiven their assessments when federal officials determined collection to be impossible, Proceso reported. In Proceso’s article, authorities claimed there was no preferential treatment.
Story cited here.
