Wednesday, October 28, 2020

Son of Mexican official probed over alleged COVID-19 fraud

-

Mexico will investigate a report that a company owned by the son of a top official sold overpriced ventilators to the government during the coronavirus crisis, President Andres Manuel Lopez Obrador said on Monday.

Mexicanos Contra la Corrupcion y la Impunidad (MCCI), a civil anti-corruption group, said a state arm of Mexico’s social security institute (IMSS) bought the devices from Cyber Robotic Solutions, a firm owned by Leon Manuel Bartlett, son of Manuel Bartlett, head of national electricity company CFE.

In the May 1 report, the group said IMSS purchased 20 ventilators last month for 1.55 million pesos each, or nearly double the sum paid by the government for some other ventilators in separate contracts around the same time.

The younger Bartlett denied the allegations in a letter on Twitter, saying the contracting process was transparent, featured reasonable prices and that other ventilators had been sold to the public authorities for more.

- Advertisement -

CFE chief Bartlett was last year himself the subject of an ethics probe when critics alleged he had failed to make public the full extent of his wealth in official declarations, or ties to companies that represented a potential conflict of interest.

The government-led probe into Bartlett, a close ally of the president, exonerated him of any wrongdoing.

Lopez Obrador has put rooting out corruption at the heart of his administration. Critics accuse him of failing to apply the same standards to his allies as he does to adversaries.

When asked at a regular news conference about the case involving Bartlett’s son, he initially mocked MCCI, referring to the group as “Mexicans in favor of corruption” rather than “against corruption” as its name in Spanish denotes.

- Advertisement -

He then reiterated his commitment to eradicating corruption before launching an attack against media that criticize him.

“In this case, the Public Administration Ministry has to do its job, do its investigation and if it shows that this person is responsible, he will have to be sanctioned just like the official who gave this contract,” Lopez Obrador said.

“But what I want to underline, what’s behind this, is this desire to weaken our government,” he added, then spent several minutes complaining about what he said was a campaign by hypocritical media to discredit his administration.

Lopez Obrador has previously criticized MCCI, which is backed by business leaders with whom he has long fought.

($1 = 24.3599 Mexican pesos)

MUST READ

South Korea’s former Vice Justice Minister sentenced to jail for bribery and sexual favors

Former Vice Justice Minister Kim Hak-eui, the figure at the center of one of Korea’s biggest political sex scandals, was placed under pretrial detention...

Beam Suntory Inc. fined $19.6 million in foreign bribery case

Beam Suntory Inc. (Beam), a Chicago-based company that produces and sells distilled beverages, has agreed to pay a criminal monetary penalty of $19,572,885 to...

Julius Baer to deny two former CEOs their bonuses over money laundering scandal

Julius Baer will withhold millions of francs in bonuses from its former chief executives Boris Collardi and Bernhard Hodler, as a result of a...

Goldman Sachs executives to cover part payments of $3 billion fines in 1MDB scandal

Nine current or former Goldman Sachs executives, including CEO David Solomon, will have to pay back hundreds of millions of dollars in compensation over...

Goldman Sachs agrees $3 billion settlement with US DoJ over 1MDB corruption scandal

Goldman Sachs has agreed to pay nearly $3bn (£2.3bn) in the US to end a probe of its role in Malaysia's 1MDB corruption scandal. The...

Subscribe For More

Get our daily notification on the latest financial crimes news around the World

Advertisement
Advertisement

Latest News

This Week

Bribery trial of former San Angelo police chief Tim Vasquez delayed until 2021

The trial of former San Angelo police chief Tim Vasquez will not happen until 2021, according to court documents. The trial, originally set for...

Hong Kong fines Goldman Sachs $350 million over 1MDB scandal

Goldman Sachs ignored multiple red flags over the multibillion-dollar fundraisings it arranged for state fund 1Malaysia Development Berhad, Hong Kong’s financial regulator said on...

Beam Suntory Inc. fined $19.6 million in foreign bribery case

Beam Suntory Inc. (Beam), a Chicago-based company that produces and sells distilled beverages, has agreed to pay a criminal monetary penalty of $19,572,885 to...

Judge opposed dismissal of bribery charge against former Portage mayor Synder

A judge denied Thursday two motions to dismiss a soliciting bribes charge former Portage Mayor James Snyder will be retried on, according to court...
Advertisement

Adblock Detected!

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Enable Notifications    Ok No thanks