Press "Enter" to skip to content

Mexican financial intelligence says Garcia Luna lead criminal network worth $745 million USD

Mexico City, Mexico — Pablo Gómez who head of the Financial Intelligence Unit (FIU) of the Ministry of Finance and Public Credit, says Garcia Luna lead a network in excess of $745 million USD.

On Friday, Pablo Gómez Álvarez revealed after an extensive investigation, it was learned that Genaro García Luna led a corruption network for nearly 20 years. He reported that during that time, he left damage to the Mexican public treasury in excess of $745 million dollars.

Gómez Álvarez presented the information during the Presidential press conference Friday. It was reported within the framework of the trial that is taking place in the state of Florida against García Luna.

He added that they have a list of eight people related to the former Secretary of Security of Felipe Calderón and that corruption network, including his wife and relatives.

Pablo Gómez explained that the resources were transferred abroad by García Luna and his accomplices through tax havens in order to hide the money trail, which was destined to acquire movable and immovable property, including luxury cars and other assets in the United States.

“These benefits were transferred abroad through mechanisms aimed at hiding the trail through the use of tax havens and applied to the acquisition of personal and real estate, as well as other assets in North American territory, in the state of Florida,” he said Friday.

Pablo Gómez explained that the FIU discovered that from the family business conglomerate that García Luna formed, he obtained 30 contracts with Mexican public institutions to obtain resources illegally.

“Under the auspices of García Luna, a family business conglomerate that operates in different countries obtained 30 contracts with various public security agencies in Mexico from which public resources amounting to $745.9 million dollars were extracted,” he said noting that the examination of other operations are not yet finished.

He explained that the 30 contracts were issued between 2009 and 2018, and the public institutions that acquired the alleged ‘services’ were the Federal Police, the Directorate for the Control of Sentenced in Liberty of the Decentralized Administrative Body for Prevention and Social Readaptation (OADPRS), the Center Investigation and National Security (CISEN) and the extinct Attorney General’s Office (PGR) of Mexico City.

He also pointed out that 44 companies have benefited from the stolen money.