Tag Archives: Tren Maya

Mexican Army Bags ‘Discretionary Funds’ Worth 113 Billion Pesos

By MARK LORENZANA According to documents leaked by hacktivist group Guacamaya, the federal government of Mexican President Andrés Manuel López Obrador (AMLO) and the Armed Forces have at their disposal a “discretionary bag” worth 113 billion pesos from a trust fund of Mexico’s National Customs Agency (ANAM). Despite the promise of López Obrador to extinguish trust funds or “fideicomisos” under his

Read more

Sedena’s Real Estate Assets Accrue 20 Percent in Value

By KELIN DILLON According to new data released by the Mexican Secretariat of Finance and Public Credit’s Public Account, the real estate holdings of the Mexican Secretariat of Defense (Sedena) have grown by more than 47.3 billion pesos in value throughout the first four years of President Andrés Manuel López Obrador’s (AMLO) six-year term, placing the total value of Sedena’s

Read more

Tren Maya Construction Slogs through Supply, Permit Delays

By KELIN DILLON According to reports from operators working on the construction of Mexico’s controversial public megaproject the Tren Maya – documents which were leaked to the public by hacktivist group Guacamaya – the project is facing multiple supply and permitting delays that could push the Tren Maya’s completion far beyond its estimated December 2023 delivery date. These issues join

Read more

AMLO Snubs AIFA, Prefers to Fly from AICM

By MARK LORENZANA Mexican President Andrés Manuel López Obrador (AMLO) has not used the Felipe Ángeles International Airport (AIFA) — one of his controversial pet megaprojects — more than six months after its inauguration. In a review by Mexican daily newspaper Reforma of AIFA operations and presidential tours, on at least a dozen occasions, López Obrador has preferred to travel through

Read more

Guacamaya Email Leaks Reveal Plans for Sedena-Run Airline

By KELIN DILLON According to information derived from an investigation into millions of the Mexican Secretariat of Defense’s (Sedena) emails, which were leaked by hacktavist group Guacamaya to daily Mexican newspaper El Universal, the Sedena is working on plans to launch its own passenger and cargo airline under the umbrella of the secretariat’s recently created megaproject company, the Olmeca-Maya-Mexica Airport,

Read more
« Older Entries Recent Entries »