• Latest
  • Trending
  • All
  • National News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
Mexico auctions cars of corrupt rich to give to the poor

Mexico auctions cars of corrupt rich to give to the poor

May 25, 2019
Tompolo and the coming Tinubu electoral victory tsunami, by Jack Okude

Tompolo and the coming Tinubu electoral victory tsunami, by Jack Okude

November 7, 2026
Zamfara youths protest

ASP Detained Over Fatal Shooting of Teenage Girl During Gang Clash

November 7, 2026
Auto Draft

10 Key Things to Know about Justice Lifu’s Judgment Affecting ADC, Atiku, By Abdulrahman Abdulaziz

November 7, 2026
Federal High Court

Court sacks David Mark-led ADC leadership, voids Atiku’s presidential primary

November 5, 2026
PDP convention

PDP leadership crisis: Turaki group loses again to Wike; heads to Supreme Court

November 5, 2026
benin city

Benin to receive 40 new repatriated looted artefacts from Sweden

November 4, 2026
outbreak

NMDPRA,​‌‌‌⁠‍‍⁠⁠‍‌⁠‌⁠‍⁠‍‌‌​ EFCC crack down on illegal refinery operation in Ogun

November 4, 2026
Sanwo-Olu’s new official portrait shows his brand identity – Aide

Sanwo-Olu Inaugurates Ministry of Justice Legal Research and Training Centre in Lagos

November 4, 2026
Extortion, misconduct: PSC demands probe of top police officers

Misconduct: PSC dismisses 3 senior police officers, demotes 16 others

November 4, 2026
Senate passes Finance Bill

Senate passes National Health Act bill for second reading

November 4, 2026
Largest rescue operation in history excites Tinubu; 308 victims now free

Troops neutralise 3 kidnappers, recover 4 AK-47 rifles in Kogi

November 4, 2026
Senate to consider Diaspora Voting Bill this week – Sen. Bamidele

30 state Houses of Assembly approve State Police Bill – Senate Leader

November 4, 2026
  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
Sunday, November 8, 2026
  • Login
Political Economist
  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
No Result
View All Result
Political Economist
No Result
View All Result
Home International News

Mexico auctions cars of corrupt rich to give to the poor

by Admin
May 25, 2019
in International News
0
Mexico auctions cars of corrupt rich to give to the poor

A Jeep, one of the cars to be auctioned on Sunday

491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Dozens of luxury cars seized from sticky-fingered politicians and mobsters will go under the hammer this weekend as part of a populist anti-corruption crusade being waged by Mexico’s leftist president.
Andrés Manuel López Obrador has vowed that proceeds from Sunday’s auction will be channelled into social programmes and deprived communities.
“We invite everyone to take part,” said López Obrador, who took office in December and is a friend of the UK Labour leader, Jeremy Corbyn. “Everything that is confiscated [from criminals] will be handed back to the communities, above all the country’s poor communities.”
Ricardo Rodríguez Vargas, the director of the newly created Institute to Return Stolen Goods to the People, said 82 vehicles with a combined valuation of nearly £1m would be up for grabs on Sunday.
They include a £61,000 Lamborghini Murciélago, a £50,000 Ford Shelby, a red Corvette, a 2009 Hummer, a collection of bulletproof SUVs and, for the less extravagant bidder, a 29-year-old Volkswagen Beetle.
The auction is being held at Los Pinos, a former presidential residence in Mexico City recently converted into a public cultural centre by López Obrador.
The cars for sale include a Lamborghini Murciélago and three Porsches. Photograph: Mario Guzman/EPA
Vargas described the auction as an attempt to end Mexico’s “reverse Robin Hood” system by which “things were taken away from the people and given to the corrupt”. He said: “Not any more. Now, the order is to return these things to the people – who are the legitimate owners – in a quick, clear [and] transparent manner.”
Two other auctions – of luxury homes and jewellery – will be held in the coming weeks.
López Obrador’s pledge to “purify” Mexican politics has enthused corruption-weary voters who handed him a landslide victory last July. Six months into his six-year term, polls give him an approval rating of about 70%.
But some critics see Sunday’s auction as little more than a diversion and say there is little substance to López Obrador’s vows to eradicate corruption. “Bread and circuses,” an opposition senator, Javier Lozano, tweeted alongside a photograph of one of the auction’s Lamborghinis.
Courtesy: The Guardian, UK

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Andrés Manuel López Obradoranti-corruption fightJavier LozanoLamborghini MurciélagoMexicoMustang
Share196Tweet123
Admin

Admin

  • Trending
  • Comments
  • Latest
The Doherty brothers plot to hijack Lagos governorship, by March Oyinki   

The Doherty brothers plot to hijack Lagos governorship, by March Oyinki  

October 1, 2026
Top 11 ‘Firsts’ about US midterm elections: First open gay, first black governor, others

Top 11 ‘Firsts’ about US midterm elections: First open gay, first black governor, others

November 4, 2026
PDP convention

PDP leadership crisis: Turaki group loses again to Wike; heads to Supreme Court

November 5, 2026
IGP Orders State CPs To Recover Fire Arms From Private Security Outfits

Jonathan Sacks IGP Abba, Appoints Arase

19
Zinox iPower Inverter Claws to Market Dominance

Zinox iPower Inverter Claws to Market Dominance

2
Police seal off Ondo House of Assembly

Police foil another suicide bomb attempt in Borno, kill three bombers

2
Tompolo and the coming Tinubu electoral victory tsunami, by Jack Okude

Tompolo and the coming Tinubu electoral victory tsunami, by Jack Okude

November 7, 2026
Zamfara youths protest

ASP Detained Over Fatal Shooting of Teenage Girl During Gang Clash

November 7, 2026
Auto Draft

10 Key Things to Know about Justice Lifu’s Judgment Affecting ADC, Atiku, By Abdulrahman Abdulaziz

November 7, 2026
Political Economist

Copyright © 2017 JNews.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News

Copyright © 2017 JNews.