The most obvious problem about the sale was that López Obrador got rid of the plane at a loss, and a massive one at that: It was originally acquired by former President Enrique Peña Nieto for $200 million, and then finally sold by AMLO to Tajikistan for a mere $92 million
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By MARK LORENZANA The presidential jet TP-01 José María Morelos y Pavón, which Mexican President Andrés Manuel López Obrador (AMLO) has tried to sell or raffle off for four years now, is still unsold. Adding to the problem is that the plane’s maintenance has also been halted, according to a report on Sunday, Oct. 2, by Mexican daily newspaper El
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By THE PULSE NEWS MEXICO STAFF Mexican President Andrés Manuel López Obrador (AMLO) announced on Monday, Jan. 21, that his government will hold a nationwide sale of more than 200 armored vehicles that belonged to the now-defunct Estado Mayor Presidencial (EMP) presidential body guards. Last month, shortly after taking office, AMLO complied with one of his campaign promises to put
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By THÉRÈSE MARGOLIS Although it seems that most national and international financial analysts who have reviewed newly instated Mexican President Andrés Manuel López Obrador’s (AMLO) 2019 national budget have deemed it as “credible” and “helpful for investors’ sentiments,” there are at least some incongruences in the proposed financial plan. The budget, which was presented to Congress by Mexican Finance Secretary
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By THE PULSE NEWS MEXICO STAFF Mexico’s lavishly-decorated, Boeing 787-8 Dreamliner presidential jet headed north to San Bernardino, California, on Monday, Dec. 3, where it will be revamped and refurbished before being put up for sale. The jet, named the “José María Morelos y Pavón” after a leader of Mexico’s independence movement, is being auctioned off as part of the
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