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Thursday, 19 July 2012 - Mexico leftist alleges money laundering in presidential election |
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      Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. 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See the best of Reuters photography.  See more | Photo caption  Inside the London Olympic Village A look inside the Olympic Village, where athletes from around the world will live and play for the London 2012 Olympic Games.  Slideshow  Religion in Mexico Though Mexico has one of largest Christian populations in the world, the country still shares faiths with a host of other religions.  Slideshow  Mexico leftist alleges money laundering in presidential election Tweet Share this Email Print Related News Senators doubtful as HSBC touts money-laundering fixes Tue, Jul 17 2012 UPDATE 5-Senators doubtful as HSBC touts money-laundering fixes Tue, Jul 17 2012 Analysis: Mexican political minnows hold big cards in new Congress Fri, Jul 13 2012 Leftist seeks to void Mexico's presidential election, again Fri, Jul 13 2012 Mexico's president-elect calls on rivals to back reform push Wed, Jul 11 2012 Analysis & Opinion Essential reading: President’s populist pitch divides suburban voters, and more Learn the compliance lessons from an epic fail in correspondent banking and trade finance Related Topics World » Mexico » Mexico Election » 1 of 3. Andres Manuel Lopez Obrador, runner-up in Mexico's recent presidential election, shows off a bank card as an evidence of vote-buying during a news conference in Mexico City July 18, 2012. Lopez Obrador said that president-elect Enrique Pena Nieto, of the Insitutional Revolutionary Party (PRI), benefited by money obtained illegally to finance his campaign and that he will take the case to the Federal Electoral Tribunal (TRIFE), local media reported. Credit: Reuters/Bernardo Montoya By Lizbeth Diaz MEXICO CITY | Wed Jul 18, 2012 10:56pm EDT MEXICO CITY (Reuters) - Mexico's leftist runner-up in the July 1 presidential election stepped up his campaign on Wednesday to annul the vote by accusing President-elect Enrique Pena Nieto of using laundered money to fund his campaign. Andres Manuel Lopez Obrador said he had found evidence that shell companies were set up to funnel money into the coffers of Pena Nieto's Institutional Revolutionary Party, or PRI, during the campaign. Over 100 million pesos ($7.6 million) were used to buy prepaid debit cards handed out to voters to support Pena Nieto, Lopez Obrador alleged. "We have sufficient proof to say that Pena Nieto's campaign used illicit funds," he told a news conference after bringing boxes of evidence to authorities at the electoral tribunal. "This is money laundering." Lopez Obrador has accused Pena Nieto of buying votes and overspending for the campaign, demanding a recount soon after the election. But this was the first time he made specific money-laundering allegations. The PRI dismissed the claims. "We reject as inadmissible the accusations of money laundering, which constitute a flagrant defamation," the party said in a statement. "(Lopez Obrador) demanded a recount and when it confirmed the result, he changed his argument to massive vote buying, which did not stand and now he is launching another unlikely charge of money laundering," the PRI said. Lopez Obrador named several companies he said had been used to channel money to the debit cards, saying some had false addresses, as he presented a 32-page document to the media outlining the allegations. The electoral tribunal has until September to consider complaints and declare an official winner. Pena Nieto, a former governor of Mexico's most populous state, beat Lopez Obrador in the election by more than 6 percentage points. This week, he met outgoing President Felipe Calderon to discuss the transition to his new government. RESPECT RESULTS Pena Nieto has called his win "categorical," but said he would wait until the electoral tribunal made its ruling to name an official transition team. "I am hoping that the parties will take a democratic stance and respect the results of this election," Pena Nieto said earlier on Wednesday. "I will be respectful (of opposition voices) as long as they stay peaceful and legal." Lopez Obrador lost the 2006 race to Calderon by less than 1 percentage point. Following that defeat, he also contested the results, mounting protests that choked Mexico City for weeks. Political analysts said Lopez Obrador's series of allegations lacked strong evidence and they speculated that his main objective was to hold on to his leadership position in the political left rather than win his battle in court to void the election. "It is a show," said political analyst Fernando Dworak. "Even though his evidence is weak, it foments a story of conspiracy and fraud. This keeps his base mobilized." Calderon's conservative National Action Party, or PAN, succeeded in ousting the PRI from the presidency in a 2000 election after the party had ruled Mexico for seven decades straight. During that time, the PRI acquired a reputation for corruption, vote rigging and repressing protesters. Accusing the centrist party of resorting to its old ways, Lopez Obrador, a former member of the PRI and ex-mayor of Mexico City, said he had not yet decided on a strategy if his complaints were rejected by the electoral authorities. "It will be very serious if they don't act. We are going to use every legal recourse to investigate this and if there is impunity, we will target the responsible authorities," he said. The dispute could become a stumbling block to Pena Nieto's effort to fast-track plans to reform labor, tax and energy laws that he says will speed up Mexico's lagging economic growth. The PRI failed to win a majority in Congress and will need opposition support to push through its reforms. The leftist Party of the Democratic Revolution, or PRD, which backed Lopez Obrador along with a coalition of leftist parties, is the No. 2 force in the lower house. ($1 = 13.1074 Mexican pesos) (Writing by Mica Rosenberg; Editing by Peter Cooney) World Mexico Mexico Election Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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