Final hours! Save up to 50% OFF InvestingProCLAIM SALE

Former Mexican Cabinet Minister Heads to Jail in Graft Probe

Published 2019-08-13, 02:26 p/m
Former Mexican Cabinet Minister Heads to Jail in Graft Probe

(Bloomberg) -- A Mexican judge ordered the detention of a former cabinet minister facing corruption charges, in the highest profile arrest of a politician since Andres Manuel Lopez Obrador took office promising to stamp out corruption.

Rosario Robles, who was minister for social development and agrarian development from 2012 to 2018, is accused of participating in an embezzlement scandal that saw 5 billion pesos ($260 million) diverted from federal agencies during the presidency of Enrique Pena Nieto. She was sent to prison for two months as the investigation unfolds.

National TV networks on Tuesday morning showed video of Robles, a former head of the Mexico City government, in a black police SUV on her way to the Santa Martha prison on the eastern edge of Mexico City. The public prosecutor argued that she was a flight risk. Robles’s lawyer said she is innocent and that her detention is unnecessary and a violation of her rights.

AMLO, as the leftist leader is known, was elected a year ago partly on the back of promises to rid the nation of graft. Veronica Ortiz, a lawyer and co-host of a show on Mexico’s non-partisan Congress channel who has followed the nation’s politics for more than two decades, said she can’t recall another instance of a current or former cabinet official going to jail.

How AMLO’s Plans to Transform Mexico Ran Into Reality: QuickTake

“On the fight against corruption, this sends a signal that accusations that a judge believes have substance will be pursued,” she said.

In July prosecutors issued an arrest warrant for Emilio Lozoya, the former chief executive officer of national oil producer Petroleos Mexicanos, in connection to the purchase of a fertilizer plant that was allegedly overvalued. Lozoya became a fugitive after disobeying orders to appear before a judge. They also arrested Juan Ramon Collado, an attorney with ties to Pena Nieto, on on money-laundering charges.

(Updates with comment from lawyer in third paragraph. A previous version of this story had to correct spelling of prison.)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.