Mexican President Andres Manuel Lopez Obrador said on Monday he will create a &q...
Mexico's President Andres Manuel Lopez Obrador speaks during a news conference at the National Palace in Mexico City, Mexico April 15, 2019. REUTERS/Edgard Garrido
His administration is drawing up a bill to create an independent “Robin Hood” institute “against the corrupt” that would put confiscated goods such as real estate, jewelry and cars into the public’s hands, the president told reporters. For example, the institute could assign seized homes to municipalities for schools, hospitals or elderly care centers, he said. Assets seized by the government tend to have been ransacked or require expensive upkeep, he noted.
A 2017 report by the Organisation for Economic Cooperation and Development noted that recent studies estimated that Mexico lost between 5 percent and 9 percent of its gross domestic product to corruption annually.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Festival of Books: Roxane Gay and Laurie Halse Anderson destigmatize discussions of rape cultureLaurie Halse Anderson, author of 'Shout,' and Roxane Gay, author of 'Not That Bad: Dispatches From Rape Culture,' spoke with The Times' Robin Abcarian at Saturday's edition of the Festival of Books.
Read more »
Life After Crickets: Why Exo's Cofounders Have Become 'Cereal' EntrepreneursGabi Lewis and Greg Sewitz, who sold their cricket-bar startup Exo after five years, are launching their next act at age 28. Magic Spoon aims to reinvent classic childhood cereals to be healthy and high protein. The cofounders chatted about their new venture with contributor Robin D. Schatz.
Read more »
Trump says 'people don't care' about his tax returns, but polls show otherwiseMost voters want Trump to release his tax returns — or support Democratic efforts to get the documents if Trump refuses to share them.
Read more »
Trump says people don't care about his tax returns. People say otherwise.Amid Democratic attempts to obtain his tax returns, President Trump on Wednesday claimed people didn’t care about them, despite multiple polls that show otherwise.
Read more »
Trump Today: President suggests Cain Fed pick in jeopardy as he rejects turning over tax returnsPresident Donald Trump on Wednesday suggested his pick of Herman Cain for the Federal Reserve was in jeopardy, as he rejected House Democrats’ demands to...
Read more »