Mexican To Seek Return of "Chapo" Guzman's Drug Money
Mexico's president says 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 Lopez Obrador said Thursday the money is Mexican, and would be used for anti-poverty programs.
Lopez Obrador said Mexico has erred in the past by allowing the U.S. 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.