Mexico’s president has said he will use legal channels to try to get the fortune of convicted drug lord Joaquin “El Chapo” Guzman returned to Mexico.
President Andres Manuel López Obrador said yesterday the money is Mexican, and would be used for anti-poverty programs. López Obrador said Mexico has erred in the past by allowing the United States to seize money in corruption and criminal cases against Mexican suspects.
U.S. officials have estimated Guzman’s fortune at $14 billion and a judge ordered Guzman to pay $12.6 billion as part of his U.S. life sentence announced Wednesday. That was money his drug-trafficking organization made distributing drugs in the United States. But in the past, U.S. officials haven’t said how they intend to get their hands on Guzman’s money.