New Property Allegations Surface Against Mexican President

teleSUR English 2015-05-29

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Mexican President Enrique Pena Nieto is under increased fire concerning his personal finances after public documents surfaced showing that he misled authorities on how he acquired one of his properties, the Reuters news agency reported Thursday. Peña Nieto has declared three times since 2013 that he acquired the property in question through a gift from his father. But a review of documents shows that the 1988 property acquisition in the town of Valle de Bravo was actually purchased for about US$5,000, while the property value statement at the time sets its appraisal at US$5. Peña Nieto has been subject to harsh criticism due to recent scandals revealing that he, his wife Angelica Rivera, and Finance Minister Luis Videgaray acquired multi-million dollar properties as gifts from companies many of which were later awarded government contracts. teleSUR

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