'Bankruptcy of Trust': Hounded by Conflict-of-Interest Charges, Mexican Leader Fumbles Tim Johnson - McClatchyDC
go to original February 7, 2015

President Enrique Peña Nieto’s efforts to turn the page on apparent conflicts of interest bedeviling his government appear to have backfired.

Political analysts and newspaper editorials Thursday declared Peña Nieto’s campaign a failure and warned that he faces a “bankruptcy of trust” with the public.

Earlier in the week, Peña Nieto named a new comptroller to probe the purchase of luxury homes by himself, his wife and his finance minister. The swearing-in of the new comptroller – replete with scenes of backslapping – only raised suspicions of a potential whitewash.

In a meeting with foreign correspondents late Wednesday, comptroller Virgilio Andrade Martínez acknowledged a nearly three-decade friendship with Finance Minister Luis Videgaray. He said he would not probe whether Peña Nieto, his wife and the finance minister actually paid for the homes they received from major government contractors.

Andrade is a longstanding member of Peña Nieto’s ruling Institutional Revolutionary Party, known as the PRI, and serves at the whim of the president. At his swearing-in, Peña Nieto made clear that the investigation would find nothing untoward.

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