Mexico’s Federal Electoral Institute has confirmed that President Enrique Pena Nieto’s party spent about $5.2 million through electronic cash cards during last year’s presidential campaign.While opposition parties had charged the money represented illicit campaign financing, the institute said it found no evidence of that.Pena Nieto’s Institutional Revolutionary Party has said the money was used for normal party personnel expenses, but the funds aroused suspicion, because the money appeared to have been triangulated through several shadowy companies instead of being disbursed directly from party coffers. Opponents also said they suspected that corporations may have used the cards to make campaign donations, something that is prohibited under Mexican law.via Mexico: Ruling Party Used $5.2 Million Cash Cards – ABC News.
About The Author
January 20, 2012
- The United States and Mexico: Building and Designing Things Together – Forbes
- Made in Mexico: An emerging auto giant powers past Canada – The Globe and Mail
- How to Boost Border Competitiveness? Just Ask the Folks There.
- How Will Mexico’s Economy Perform in 2015?
- It’s Time To Reset U.S.-Mexico Relations – John M. Ackerman – POLITICO Magazine