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.
Hero Principal Gives Credit Where It’s Due: ‘I Think God’s Hand Was on All of Us’
Airlines Seek Federal Bailouts Following Spirit Airlines Shutdown as Fuel Prices Rise
Key China-Iran infrastructure exposes critical hole in Trump’s war strategy
Xi gifts Trump Chinese rose seeds, on top of new ammo for White House ballroom
Are Marco Rubio’s 2028 presidential prospects on the rise?
Adverse court rulings slow, and may stop, House Democrats’ march to the majority
Trump wraps widely-watched trip to China, departing on Air Force One after high-stakes Xi meeting
Ugandan Evangelist Killed by Suspected Muslims After Sharing the Gospel
Israel, Jews targeted worldwide as well-funded leftist, Islamist groups join for ‘Nakba 78’ protests
This Midwestern state leads the nation in home foreclosures as US filings jump by 26%
Marine Vet Stops Gunman’s 60-Round Shooting Spree: Thankfully He Had a Concealed Carry Permit
Momentum builds to pass bill after Jack Smith’s secret Arctic Frost subpoenas
Bronx man convicted of running secret Chinese police station in Manhattan used to monitor dissidents
Trump touts ‘fantastic trade deals’ in final Xi meeting amid tariff standoff
Trump reveals Xi’s stance on arming Iran as Hormuz tensions rattle markets
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.
