21.5 Billion Dollars Unaccounted During Ex-President Felipe Calderon Tenure Laurence Cuvillier - Press TV
go to original February 26, 2014

MEXICO CITY - In Mexico, new figures show that over 21 billion dollars was unaccounted for during the tenure of ex-president Felipe Calderon. The recent revelation comes against the backdrop of rampant corruption in the Latin American nation.

In Mexico, almost half of people live below the poverty line. State programs are helping 6 million families throughout the country with monthly subsidies. Yet in the year 2012 alone, 85 million dollars disappeared from the accounts of the ministry of social development, the one charged with delivering welfare money to the poorest.

... Members of parliament point out that not all the missing money was necessarily stolen: discrepancies in government accounts could be caused by bad bookkeeping or failure to report transfers to different State programs. But they all agree that Mexico faces a long fight against corruption.

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