Colima Congress fines former governor 515 million pesos

Another ex-governor has been sanctioned by a state Congress after presenting false information regarding borrowed funds that were used to pay for operating expenses.

Mario Anguiano Moreno, governor of Colima from 2009 to 2015, was fined 515.2 million pesos (US $27.5 million) and banned from holding public office for 14 years.

The Institutional Revolutionary Party governor acquired debts of 515 million pesos to pay various operating costs, which is prohibited under the constitution. Money can only be borrowed by states and municipalities to invest in public infrastructure.

Congress also imposed sanctions on Anguiano’s interior secretary and finance secretary, who will be unable to hold public office for five and four years respectively.

Source: Milenio (sp)

Have something to say? Paid Subscribers get all access to make & read comments.
CDMX landscape

Banking giants BBVA and Barclay’s sweeten their forecasts for Mexico’s 2026 economic growth

0
The two Euorpean banks joined the OECD and Banco de México in raising Mexico's economic oulook for 2026, as President Sheinbaum's public-private approach to investment appears to be paying off.
ecocidio Acapulco

‘Ecocide of the seabed’: Luxury condo expansion near Acapulco accused of causing irreversible damage

0
The Fishermen and Divers Cooperative wants the local damage to stop, but they also want to see "massive, long-term ecosystem destruction" be subject to the international Criminal Court.
oil on a beach in Veracruz

Veracruz governor says natural seep may be causing Gulf oil contamination

0
In early March, what appeared to be an oil spill was detected off the coast of Pajapan, Veracruz, and has since spread along 230 kilometers of coastline between Veracruz and Tabasco.
BETA Version - Powered by Perplexity