Friday, September 25, 2020
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

19,139FansLike
362FollowersFollow
1,775FollowersFollow

Most Popular

Taapsee Pannu Recalls her First Attempt as a Stand-up Comedian

Actress Taapsee Pannu has shared what was going on in her mind before she tried stand-up comedy last year. Follow NewsGram on Facebook to stay...

Into The Wild: Bear Grylls’ Episode Featuring Akshay Kumar Sets Record

Akshay Kumar has set a new record. This time, though, the big-screen superstar has made history on television. The recent episode of British adventurer Bear...

Transparency: Pradarshita- The Unspoken Story of How Dilli was Cheated by its Own

By Sudisha Limbu In April this year, Munish Kumar Films debuted Transparency: Pardarshita, a hindi-language political documentary that talks about the India Against Corruption (IAC)...

Thinking of Investing? Your Career May Be the Best Place to Start

People love the idea of playing the stock market. The idea that everyone falls in love with is that with relatively low effort, you...

A Regular Pelvic Pain Drug Ineffective in Women Now

A drug -- gabapentin -- that is regularly used to treat chronic pelvic pain in women has been found to be no more effective...

Climate Change Increases Frequency & Severity of Wildfires Worldwide

New research adds to the growing body of evidence that climate change increases the frequency and severity of fires in many regions of the...

Cooked Carrots Can Trigger Allergic Reactions in Many People: Researchers

The consumption of raw carrots triggers allergic reactions in many people. Contrary to popular belief, cooked carrots can also have this effect, warn researchers. "The...

Covid Patients More Likely to Face Kidney Damage Risk: Study

Researchers have found that many hospitalised patients with Covid-19 may face an increased risk for kidney damage or acute kidney injury (AKI), a dreaded...

Recent Comments