Thursday, January 28, 2021
Home Lead Story Mexican President will Create 'Robin Hood' Institute to Return 'Stolen' Wealth to...

Mexican President will Create ‘Robin Hood’ Institute to Return ‘Stolen’ Wealth to People

"Let's quickly return everything to the people that's been stolen," he said at his regular morning news conference

Mexican President Andres Manuel Lopez Obrador said on Monday he will create a “Robin Hood” institute to return to the people the ill-gotten wealth seized from corrupt politicians and gangsters.

His administration is drawing up a bill to create an independent “Robin Hood” institute “against the corrupt” that would put confiscated goods such as real estate, jewelry and cars into the public’s hands, the president told reporters. “Let’s quickly return everything to the people that’s been stolen,” he said at his regular morning news conference.

stolen wealth
“Let’s quickly return everything to the people that’s been stolen,” he said at his regular morning news conference. VOA

For example, the institute could assign seized homes to municipalities for schools, hospitals or elderly care centers, he said. Assets seized by the government tend to have been ransacked or require expensive upkeep, he noted. He did not estimate the value of the assets, or offer details on how they would be given back to the people.

ALSO READ: 63% of American Workers are Stressed and Ready to Quit their Jobs. Why?

Since taking office in December, veteran leftist Lopez Obrador has rolled out a string of welfare programs for the poor and the elderly, cut salaries for top civil servants and says he is saving public money by eliminating corruption.

Lopez Obrador has shunned the often luxurious trappings of Mexico’s wealthy elites, choosing to fly coach and drive through the capital in a white Volkswagen Jetta. Immediately upon taking office, he turned over the presidential palace to the public and put his predecessor’s official plane up for sale. (VOA)

STAY CONNECTED

19,120FansLike
362FollowersFollow
1,773FollowersFollow

Most Popular

Microsoft’s Remote Learning Products Gain Popularity

Driven by video conferencing platform Teams, more than 200 million students and educators worldwide now rely on Microsoft education products for remote learning, Microsoft...

This Report States That 1 In 2 Indians Are Afraid Of Online Dating

Most Indians feel secure while ordering food online but close to half of those surveyed were afraid of their online activities when it comes...

La Fuori Introduces Its Organic Slow Fashion In India

"Choosing a garment means deciding the identity of our future dreams, in connection with the world and the people who inhabit it," says Vidur...

Myeloid-Derived Suppressor Cells Ups Covid Infection Risk

Researchers have found that patients with severe Covid-19 have significantly elevated levels of a certain type of immune cells in their blood, called myeloid-derived...

Adults Feel Competent By Posting Photos On Facebook

Older adults who post more pictures on Facebook may feel more competent and that may lead to significantly higher levels of well-being in general,...

5 ways to ensure financial stability in the future

Introduction COVID-19 and the spread of the pandemic have had a huge impact on the national economies of most nations of the world. Among the...

Neonatal antibiotic leads to reduced growth in boys

Exposure to antibiotics in the initial days of life is associated with reduced weight and height in boys, a new study suggests. The study, published...

Daler Mehndi: In 26 years music industry has gone mad

Singer Daler Mehndi has been in the music industry for over two decades now and he says he has seen the industry in all...

Recent Comments