President Pena Nieto in Trouble Again Over Mexico Real Estate Holdings Fox News Latino
go to original June 1, 2015

Mexico's President Enrique Pena Nieto attends a ceremony promoting housing for low income families, single mothers and members of the armed forces at Los Pinos presidential residence in Mexico City.  (AP/Marco Ugarte)

Reuters Update: Mexican President Changes Asset Declaration in Wake of Report on Land Deal

One day after Mexican President Enrique Peña Nieto called for a constitutional reform to create a national anti-corruption agency, a report claimed that the president lied about how he came to acquire a lakefront property in an area filled with vacation homes for Mexico City residents.

Lawmakers from other political parties called for the president to make a full disclosure of his real estate assets after Reuters reported Peña Nieto actually bought a quarter-acre plot in Valle de Bravo - 90-some miles west of the capital city - that he previously declared as having inherited from his parents.

Two years ago, in an attempt to make his assets public, Peña Nieto declared that he owned nine pieces of real estate - their value or whether they held any buildings was not disclosed. Of those, six were listed as having been inherited from his parents, including the property in Valle de Bravo.

But a public registry document listed Peña Nieto as having purchased the lot from a third party in 1988 for 11.2 million pesos, which at the time was around $5,000.

Reuters reported that the president’s office did not comment on the subject despite multiple attempts to get a comment, but spokesman Eduardo Sanchez did post a letter on the presidential website replying to the article.

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