Tuesday, June 18, 2024

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)

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