Mexican President Pays for Supporting Drug Cartels

Mexican President Pays for Supporting Drug Cartels

Mexican President Pays for Supporting Drug Cartels

The wall is coming and Mexico has their Prsident to blame. The citizens of Mexico have suffered under successive Governments, corruption has left the country in ruins.

The illegals crossing the border are in 2 categories, refugees from their own Governments or Criminals supported by the corruption, also flooding across that border is an avalanche of Cocaine and Heroin.

Trump is correct in demanding a Wall, so correct that the justification of anyone to protest the Wall has to be questioned, why didn’t they build that wall before?

As he signed into law new anti-corruption measures last year, Mexican President Enrique Peña Nieto took the opportunity to apologize for one of the defining scandals of his tenure: the purchase by his wife of a $7 million mansion through a favored government contractor. Juan Armando Hinojosa Cantú, a close friend of Peña Nieto, enlisted Panamanian law firm Mossack Fonseca to create trusts for accounts worth US$100 million after he was investigated for allegedly giving special favours to the Mexican president Peña Nieto and his wife, according to an analysis by ICIJ, who said that the documents showed “a complex offshore network” of nine companies in New Zealand, the United Kingdom, and the Netherlands. Described as Peña Nieto’s “favorite contractor”, Hinojosa’s companies have won more than eighty government contracts and received at least US$2.8 billion in state money.

Anabel Hernandez who not only covers the issue, but also levels accusations of narco corruption in the country’s most powerful institution: the presidency. She claims the Sinaloa Cartel is only growing in power under current President Enrique Peña Nieto.

In articles and books, she has alleged links between kingpins such as Joaquin “Chapo” Guzman and a series of Mexican presidents, including Vicente Fox, who ruled from 2000 to 2006, and Felipe Calderon, in power from 2006 to 2012.

According to Hernandez, these leaders’ war on drugs was a farce in which they used soldiers and police to help out Guzman’s Sinaloa cartel.

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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