Politics · Mexico · 11 hrs ago
Sheinbaum says INDEP will prepare a full report on recovered assets
Mexican President Claudia Sheinbaum said INDEP chief Mónica Fernández was not prepared to give a detailed account of the agency’s work.
INDEP is the government body called the Institute to Return Stolen Property to the People.
The government plans to present a full account next week of what the agency has recovered, where the money has gone and what benefits it has brought.
Sheinbaum said 200 million pesos will go to schools in Guerrero’s mountain region, from funds recovered in fraud cases linked to Genaro García Luna.
Fernández said some proceeds from sales and the liquidation of entities go to the Wellbeing Pension Fund, while other funds support the presidential Social Cabinet.
She also said goods are being supplied to the Tianguis del Bienestar, which distributes items to communities in need.
INDEP plans to publish calls for upcoming auctions in the coming days.
President Claudia Sheinbaum said Mexico’s INDEP will prepare a full report on recovered assets and how they have been used.
She said the agency’s director, Mónica Fernández Balboa, was not prepared to give a detailed account at a news conference on October 16.
Sheinbaum said 200 million pesos recovered from fraud linked to Genaro García Luna are due to be delivered to schools in Guerrero’s mountain region.
Fernández said proceeds from asset sales go partly to the Wellbeing Pension Fund and partly to the Presidency’s Social Cabinet.
- Who
- President Claudia Sheinbaum and Mónica Fernández Balboa, director general of INDEP.
- What
- Sheinbaum said INDEP will prepare a full report on recovered assets, their allocation and their benefits.
- When
- October 16, 2026. Sheinbaum said the report would be prepared between that week and the next.
- Where
- At Sheinbaum’s morning news conference in Mexico. The recovered funds are due to go to schools in Guerrero’s mountain region.
- Why
- Sheinbaum said Fernández was not prepared to provide a detailed report on resources delivered and properties donated.
This story does not have two clearly opposing sides.
Fernández said INDEP closed its accounting of funds delivered at 800 million pesos.
Sheinbaum said Fernández was not prepared to provide a detailed report and announced that INDEP would prepare one.
Sheinbaum said 200 million pesos recovered from fraud linked to Genaro García Luna would be delivered to schools in Guerrero’s mountain region.
- Report
- INDEP will report on recovered assets, where they went and their benefits
- Director
- Mónica Fernández Balboa
- Funds for schools
- 200 million pesos
- Recipients
- Schools in Guerrero’s mountain region
- Past delivery total
- 800 million pesos last year
What people are saying
No venía preparada Mónica para dar todo el informe, pero nos preparamos de esta semana a la que viene, hacemos un informe completo del INDEP.
Podemos hacer una mañanera en donde se presente todo lo que se ha recuperado, a dónde se ha ido y los beneficios en general.
No me atrevería a decir la cifra porque ya nos basamos en 500 millones o algo así, de poder entregar en bienes para el Tianguis del Bienestar.