“Everything Is Legal,” Sheinbaum Says, as Birmex Chief’s Apartments Appear in Wealth Declaration
Translated from Spanish and summarized by DistantNews. Read the original for the full story.
At a glance
- Claudia Sheinbaum said Carlos Ulloa’s cash purchases of two apartments worth 22.4 million pesos were legal and listed in his asset declaration.
- Ulloa bought one apartment for 7.4 million pesos in 2020 and another for 15 million pesos two years later, according to the declaration.
- Opposition parties called for an investigation, an audit and Ulloa’s appearance before Congress, while the report also cited 19 international trips in four years.
President Claudia Sheinbaum defended the property purchases of Carlos Ulloa, director general of Birmex, saying the transactions were legal and included in his official asset declaration.
Asked in Cuernavaca about Ulloa’s purchase of two apartments in cash for a combined 22.4 million pesos between 2020 and 2023, Sheinbaum replied: “Everything is legal.” When asked whether the cash purchases were legal, she answered: “Yes, everything is in his asset declaration.”
Everything is legal.
Sheinbaum made the comments at the start of a nationwide tour focused on progress under her administration’s second government report. At an event attended by Morelos Governor Margarita Sarabia and members of her cabinet, she also said that her government had “no corruption and honesty.”
The purchases were disclosed as Ulloa’s declaration stated that he bought one apartment in cash in 2020 for 7.4 million pesos. Two years later, he bought another apartment, also in cash, for 15 million pesos.
Yes, everything is in his asset declaration.
The disclosures have drawn demands from opposition parties. The National Action Party called for a property investigation and an audit of Ulloa, while the Institutional Revolutionary Party said it would seek his appearance before lawmakers.
The report also cited immigration records showing that Ulloa made 19 entries and exits from Mexico over the past four years. Destinations listed included New York and Miami in the United States, London, Montreal, Madrid, Rome and Medellín.
There is no corruption and there is honesty.
Originally published by El Universal in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.