Tag Archives: Superior Audit of the Federation

Mexico’s Auditing Body Unsure of NAICM Cancellation Cost

By KELIN DILLON Three years after Mexican President Andrés Manuel López Obrador (AMLO) ordered the cancellation of the New Mexico City International Airport’s (NAICM) construction in Texcoco, the Superior Audit of the Federation (ASF) has given three different estimated reports of the cancellation’s cost, with no clear resolution on the project’s final price tag, leading to skepticism of the institution’s

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Morena: A Rebirth of Mexican Politics

By JESSICA GUERRERO MORELIA, Michoacán — The democratic political life of Mexico, as in many other Latin American nations, is relatively young. In the last decade, a new chapter began in the construction of Mexican politics after the sudden arrival to the presidency of a newly created party. Breaking through and eventually displacing the parties that historically held political hegemony

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Audit Uncovers Government Irregularities for 588 Million Pesos

By THE PULSE NEWS MEXICO STAFF The first draft of a public expenditure audit of the second year of President Andrés Manuel López Obrador’s (AMLO) administration showed fiscal irregularities amounting to 588 million pesos. The extensive audit of government spending for 2020, which was released on Wednesday, June 30, by the Office of the Superior Audit of the Federation (ASF),

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ASF Reconfirms Hefty Price Tag of NAIM Cancellation

By KELIN DILLON After much back and forth between Mexico’s Superior Audit of the Federation (ASF) and Mexican President Andrés Manuel López Obrador (AMLO) over the actual cost of the planned New Mexico International Airport’s (NAIM) cancellation, the ASF has confirmed that its initial report, which calculated that the project’s termination cost Mexico almost 332 billion pesos, was, in fact,

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Mexico’s Government Abandons Its Disabled Community

By KELIN DILLON In the two years of the current presidential administration, Mexico’s government only gave out scholarships to 10 percent of its disabled population, while cutting millions of pesos in funding from the organization that defends their human rights, leaving the country’s disabled community hung out to dry amid the devastating covid-19 pandemic. According to the National Institute of

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Lies, Damn Lies and AMLO’s ‘Otros Datos’

By THÉRÈSE MARGOLIS British Prime Minister Benjamin Disraeli once famously quipped, “There are three kinds of lies: lies, damned lies and statistics.” The point that Disraeli was trying to make is that the selective use of numbers can bolster any argument and disguise any truths to accommodate a political agenda. Nowhere is that persuasive power of carefully culled figures more

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Hell Hath No Fury Like AMLO Scorned

By KELIN DILLON Since taking office in December 2018, Mexican President Andrés Manuel López Obrador (AMLO) has been increasingly flexing his mounting power, showing anyone who dares to cross him that they will face his angry retribution, as he attempts to consolidate the government’s control over the nation. López Obrador has now come for the Superior Audit of the Federation

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If You Can’t Beat Them, Jail Them

By KELIN DILLON Mexico’s Attorney General (FGR) on Tuesday, Feb. 23, accused current Tamaulipas Governor Francisco Javier García Cabeza de Vaca of committing a number of crimes, including collaborating with organized gangs and tax fraud, creating outrage among the leftist National Regeneration Movement (Morena) opposition, and raising questions about just how far President Andrés Manuel López Obrador’s (AMLO) Morena will

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ASF Backtracks on Airport Audit

By KELIN DILLON Mexico’s Superior Audit of the Federation (ASF) backtracked on the numbers released in it’s 2019 public audit of the New Mexico International Airport’s (NAIM) cancellation, citing inconsistencies in methodology, alleging the real cost to be lower than previously reported. The ASF’s initial audit found the NAIM’s cancellation cost 331.9 billion pesos, 232 percent more than estimated by

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Mexico’s Cash Cow Runs Dry

By RICARDO CASTILLO     There’s no question about it: Mexico’s once-prolific cash cow has run dry. The country’s economic national pride, the state-run oil giant Petróleos Mexicanos (Pemex), is now in financial straits, with its latest corporate report showing that just in the last quarter of 2018, it “lost” over 2 billion pesos. That definitely makes Pemex the only oil company

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