Mexico auctions six homes owned by 'El Chapo' Guzmán

This time, the government will auction jewelry, homes, ships, and luxury cars

Mexico auctions six homes previously owned by 'El Chapo' Guzmán
The Mexican government has previously auctioned homes, cars, and jewelry owned by drug lords - Photo: Ariel Ojeda/EL UNIVERSAL
English 27/07/2020 12:55 Mexico City Manuel Espino,Alezis Ortíz, Nóe Cruz Serrano Actualizada 12:55
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The Mexican government will auction seized goods for at least MXN $32.5 million today, in order to raise funds for children's music bands from the state of Oaxaca.

Ricardo Rodríguez, the head of the SAE, announced that the auction will take place at Los Pinos and that it will include 24 luxury vehicles, 2 ships, 10 watches, 6 homes, and more seized goods.

Mexico auctions jewelry owned by drug lords

According to Ricardo Rodríguez, this auction will also celebrate that the name change for the SAE has been approved and now it will be called the “Institute to Return Mexicans What Was Stolen.”

El Chapo's homes are up for sale

Among the homes to be auctioned today, six of them belonged to Joaquín “El Chapo” Guzmán, moreover, one of the homes once belonged to Griselda López, his ex-wife and the mother of Ovidio Guzmán, whose failed arrest wreaked havoc in Culiacán on October 17.

The homes were used by the leader of the Sinaloa Cartel to hide and prevent his arrest and extradition.



¡Consulta la convocatoria para poder participar! #SubastasSAE

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The homes are priced between MXN $2 million and MXN $11.2 million.

Mexico auctions Lamborghini and other luxury cars

Pemex joins the auctions

Mexico's state-owned oil company will sell two Cessna Citation airplanes, previously used by high-ranking officials as part of its asset disposal program.

The airplanes were purchased for USD $20,180,900 million.

Pemex's Administrative Board approved the auction of both airplanes on October 8. It is argued that the sale of these two airplanes will allow Pemex to monetize non-productive assets, along with the profits generated by the sale of ferrous waste for MXN $17.1 million, other waste for MXN $66 million, and the sale of 370 vehicles for MXN $16.2 million.

The cockpit of the Cessna Citation jet - pHOTO: Jeff Tuttle/REUTERS

Mexico seizes luxury cars, including Lamborghinis and Ferraris


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