Peña Nieto, the former president in Mexico and members of his family, are now under investigation due to their accumulated wealth during his term according to a recently published article.


President Peña Nieto Is Under Investigation

Former President Peña Nieto has served Mexico from 2012 to 2018. Nieto and some members of the family are now under investigation due to their amassed wealth during Nieto's administration, according to a local news outlet. 

A letter requesting access to the bank transactions of the former president, his ex-wife Angelica Rivera, and his four children were sent by the Ministry of Public Administration to the National Banking and Securities Commission this month.

Moreover, the letter sent was signed by the Minister of Public Administration Irma Sandoval and was received on April 14 by the National Banking and Securities Commission.  


Contents of the Letter Signed by the Minister of Public Administration

It is stated in the letter that the Minister of Public Administration is currently investigating the amassed wealth of the former president and members of his family during his 6-year term as president. 

The letter includes seeking information to 50 banks where Nieto and his family are allegedly hiding their money and wealth. Some of these banks are the Citibanamex, Santander, HSBC, Azteca, BBVA, the Bank of China, Mexico, and the Bank of America, Mexico. 

Moreover, the Public Administration is also requesting the Commission to look into the other financial transactions of the family that includes currency exchange houses and credit unions. 

When the Commission was asked about the authenticity of the letter, they did not give any details. Instead, a spokesman said that information could not be provided regarding the investigation. 


Peña Nieto's Comment About the Alleged Corruption 

A local news outlet tried to contact Nieto regarding the issue. However, they failed to reach him. The former president has not been seen in public since September 2019, where he was seen eating in a restaurant in New York with his partner Tania Ruiz.

As you may know, Nieto's administration was plagued with various corruption scandals. One of these was the diversion of billions of pesos in public money via shell companies and the "white house" affair. His ex-wife also purchased a mansion built by a favored government contractor.

During his time, his corruption was known as a master fraud embezzlement scheme. Meanwhile, the financial transactions of former cabinet secretary Luis Miranda are also being investigated. He served in Nieto's administration. 

It was also found that the federal government's Financial Intelligence Unit has asked the commission to obtain information about the financial transactions of Luis Miranda and his wife over the past decade. Miranda has served 16 months as the minister of social development in Nieto's administration.

In a separate interview with President Andres Manuel Lopez Obrador, he denied any knowledge of the probe or investigation held against his predecessor. He said that just because an investigation is taking place, it does not mean that he is involved with it. 

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