Now there’s a new dimension to Hinojosa’s troubles: The Panama Papers suggest he used Mossack Fonseca to transfer some $100 million out of bank accounts owned by six offshore companies under the names of his mother and mother-in-law.
The complicated web involved other entities in the U.K., New Zealand and the Netherlands.
The documents reviewed by Fusion, Univision and other media outlets working together in the International Consortium of Investigative Journalists (ICIJ) suggest the $100 million transfer was going to three New Zealand trusts.
Fusion could not confirm whether the transfer went through.
A November 2015 email sent by a Mossack Fonseca lawyer in Panama informed the compliance department that a background search had uncovered “possible links” between Hinojosa and the president of Mexico.
The lawyer said Hinojosa’s representatives dismissed negative media reports by claiming he’d been targeted by newspapers owned by business rivals, mentioning The New York Times‘ Mexican billionaire shareholder Carlos Slim.
The spokesman for the presidency declined comment, saying the country’s tax authority has already issued a statement on the leaks.
Hinojosa did not respond to an ICIJ request for comment. Fusion sent a request for comment to the email used by D’Orléans, Bourbon & Associates, the law firm that represented him in the Mossack deal, but it was bounced back by the server. No further contact information was found for the firm.
more recommended stories
Eight Mexican Wolf pups were born in captivity, and they already have a name
The eight Mexican wolf pups born.
Municipal Police “shields” Valladolid during the summer holidays
The downtown area of Valladolid is.
Logos Hope: world’s largest floating bookstore conquers Progreso, Yucatán
A large number of people have.
North American companies see investment opportunities in Yucatan
As of June 25, Courtney Beale.
Lobster production declines in the coast of Yucatán
Three weeks after the lobster harvest.
X’ocen: a rural community where Maya ancestral ceremonies still very much alive
X’ocen is a pre-Hispanic sanctuary, and.
Oil auctions in Mexico postponed until February
According to REUTERS, Mexican oil auctions.
Zapatista rebels reject meeting with López Obrador
Mexico’s leftist President-elect Andres Manuel Lopez.
Municipal crews work 24/7 to keep sargassum off the beach in Cancun
“The cleaning works carried out since.
Yucatecan enterpreneurs seek to strengthen local productivity with “Tech Day”
In order to strengthen partnerships, and.