Mexico to Spin Off Trusts of Intervened Banks CIBanco, Intercam
CIBanco and Intercam Banco 's trust businesses will be temporarily transferred to local development banking units, as a measure to allow the trusts to keep operating, the ministry said in a statement.
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CNN
20 hours ago
- CNN
‘We want an answer': They fear their relatives are among the hundreds of bodies piled up at a crematorium in Mexico
Families are demanding answers after authorities in Ciudad Juárez, Mexico, discovered that 383 bodies had been stored in a crematorium for months and years after the people had died. Norma Guardado Meraz was one of many locals who visited the Chihuahua Prosecutor's Office this week to get more information about its investigation into the discovery, fearing that among the bodies are those of their relatives. The discovery was made on June 26 after several municipal police officers found a hearse containing two bodies and other corpses piled up in a room in the building's courtyard. Prosecutor César Jáuregui said the pile of bodies had accumulated since 2020, suggesting that the Plenitud crematorium had failed to perform services it had been subcontracted for by six funeral homes. 'We want an answer so we can be satisfied and for the authorities to help us see what's going on, so we can be sure we have the right person in our urn,' Guardado Meraz told CNN. She and her family want clarity about the fate of the remains of her mother, María Nieves Meraz, who died three years ago and was mourned at one of the funeral homes that had subcontracted the crematorium. Another resident, Javier Ramírez, went to the prosecutor's office Wednesday to determine if the remains he had received actually belong to his father, who died two months ago and whose wake was held at one of the other funeral homes. CNN is trying to contact the managers of the funeral homes for comment. 'They just tell us they'll let us know when they have information, but they don't know how long it will take. In other words, we just have to wait and see what they tell us,' Ramírez told CNN. CNN has asked the prosecutor's office how many complaints it has received in this case and is awaiting a response. The office said Tuesday that of the 383 bodies found, 218 were men, 149 were women and the gender of 16 could not been identified. Authorities have detained the owner of the company that operated the crematorium and his assistant in connection with the discovery. They were scheduled to appear in court on Friday. CNN is trying to contact their legal defense team to find out how they will respond to the charges against them. As the case moves forward, the prosecutor's office is promising a thorough investigation and says it encourages more people to come forward and demand answers. CNN's Michael Rios contributed to this story.
Yahoo
20 hours ago
- Yahoo
In Sinaloa's capital, news of a boxing scion's arrest and allegations of cartel ties cause unease
CULIACAN, Mexico (AP) — Inside a sports arena in Sinaloa state's capital, the crowd was sparse early on the card as young amateur boxers in puffy headgear threw punches and danced about the ring. Outside stood a bronze statue of Julio César Chávez in boxing trunks, one glove raised. The event Friday was organized by one of Chávez's brothers and 'The Legend' himself was advertised as a specially invited guest. But Chávez didn't appear. It had been a difficult week for the family. Chávez's eldest son, Julio César Chávez Jr., was arrested by U.S. immigration agents outside his home in Los Angeles on Wednesday, accused of overstaying his visa and lying on a green card application. But more significant here in Culiacan was that the U.S. Department of Homeland Security also noted that there was an active warrant for his arrest in Mexico for alleged arms and drug trafficking and suggested ties to the Sinaloa Cartel. The agency said he would be processed for expedited removal. The Legend The name Julio César Chávez in Culiacan is like saying Diego Maradona in Argentina. People stop and conversations begin. Chávez is the city's idol and source of pride, known simply as 'The Legend.' He went from a working class neighborhood along train tracks to the highest echelons of boxing fame and became a national hero. But when the questions turn to Chávez's eldest son and the Sinaloa Cartel, conversation ends and eyes avert. There was a time when many in Culiacan would speak of the cartel that carries their state's name, perhaps with euphemisms, but openly all the same, because its control was complete and for that they largely lived in peace. But since a bloody feud erupted between factions of the cartel last year, following the abduction of Ismael 'El Mayo' Zambada to the United States by one of the sons of former leader Joaquín 'El Chapo' Guzmán, it's safer to avoid any mention at all. Alleged cartel ties In the stands Friday night, the arrest of The Legend's son, was on the minds of many, but discussed only in hushed voices. Óscar Arrieta, a sports reporter in Culiacan, covers boxing and said Chávez Jr.'s arrest had had a big impact in Culiacan, largely because the 'harsh' way U.S. authorities linked him to organized crime. U.S. authorities did not detail the alleged ties between Chávez Jr. and the cartel other than to mention that he married a U.S. citizen who is the mother of a granddaughter of Guzmán. He mused at why if there had been a Mexican arrest warrant since 2023, hadn't there been any effort to capture him. He was a very public figure, active on social media and for the past six months or more, training for a highly promoted fight in California. On Friday, Mexico President Claudia Sheinbaum said that he had mostly been in the U.S. since the arrest warrant was issued. 'I think it was also a way for the United States to expose the Mexican government in a way, but without a doubt much more impactful, because normally sports doesn't mix with anything else, much less with organized crime,' Arrieta said. 'An excellent person' Culiacan's boxing gyms had mostly been quiet since Thursday's announcement of Chávez Jr.'s arrest, in preparation for Friday's event. There had already been weigh-in for Friday's fights and most fighters weren't around. At one that was mostly covered outdoor spaces, teenagers tightly wrapped their wrists, bounced and shuffled, shadow boxing in a circle. Jorge Romero is a former professional boxer who trained under another Chávez brother. Now he's a trainer at Sinaloa Autonomous University. Romero said he knows Chávez Jr., regards him 'an excellent person, a great human being' who had really focused on his training ahead of his bout in California just a week ago. He expressed full support for him. Questions of ties between Chávez Jr. and organized crime, Romero said, were 'too delicate' to touch. But in general, he said boxing and the cartel walked separate paths in Culiacan. 'We don't have anything to do with organized crime,' he said. 'On the contrary, it's a clean sport, very healthy from my point of view.'
Yahoo
20 hours ago
- Yahoo
In Sinaloa's capital, news of a boxing scion's arrest and allegations of cartel ties cause unease
CULIACAN, Mexico (AP) — Inside a sports arena in Sinaloa state's capital, the crowd was sparse early on the card as young amateur boxers in puffy headgear threw punches and danced about the ring. Outside stood a bronze statue of Julio César Chávez in boxing trunks, one glove raised. The event Friday was organized by one of Chávez's brothers and 'The Legend' himself was advertised as a specially invited guest. But Chávez didn't appear. It had been a difficult week for the family. Chávez's eldest son, Julio César Chávez Jr., was arrested by U.S. immigration agents outside his home in Los Angeles on Wednesday, accused of overstaying his visa and lying on a green card application. But more significant here in Culiacan was that the U.S. Department of Homeland Security also noted that there was an active warrant for his arrest in Mexico for alleged arms and drug trafficking and suggested ties to the Sinaloa Cartel. The agency said he would be processed for expedited removal. The Legend The name Julio César Chávez in Culiacan is like saying Diego Maradona in Argentina. People stop and conversations begin. Chávez is the city's idol and source of pride, known simply as 'The Legend.' He went from a working class neighborhood along train tracks to the highest echelons of boxing fame and became a national hero. But when the questions turn to Chávez's eldest son and the Sinaloa Cartel, conversation ends and eyes avert. There was a time when many in Culiacan would speak of the cartel that carries their state's name, perhaps with euphemisms, but openly all the same, because its control was complete and for that they largely lived in peace. But since a bloody feud erupted between factions of the cartel last year, following the abduction of Ismael 'El Mayo' Zambada to the United States by one of the sons of former leader Joaquín 'El Chapo' Guzmán, it's safer to avoid any mention at all. Alleged cartel ties In the stands Friday night, the arrest of The Legend's son, was on the minds of many, but discussed only in hushed voices. Óscar Arrieta, a sports reporter in Culiacan, covers boxing and said Chávez Jr.'s arrest had had a big impact in Culiacan, largely because the 'harsh' way U.S. authorities linked him to organized crime. U.S. authorities did not detail the alleged ties between Chávez Jr. and the cartel other than to mention that he married a U.S. citizen who is the mother of a granddaughter of Guzmán. He mused at why if there had been a Mexican arrest warrant since 2023, hadn't there been any effort to capture him. He was a very public figure, active on social media and for the past six months or more, training for a highly promoted fight in California. On Friday, Mexico President Claudia Sheinbaum said that he had mostly been in the U.S. since the arrest warrant was issued. 'I think it was also a way for the United States to expose the Mexican government in a way, but without a doubt much more impactful, because normally sports doesn't mix with anything else, much less with organized crime,' Arrieta said. 'An excellent person' Culiacan's boxing gyms had mostly been quiet since Thursday's announcement of Chávez Jr.'s arrest, in preparation for Friday's event. There had already been weigh-in for Friday's fights and most fighters weren't around. At one that was mostly covered outdoor spaces, teenagers tightly wrapped their wrists, bounced and shuffled, shadow boxing in a circle. Jorge Romero is a former professional boxer who trained under another Chávez brother. Now he's a trainer at Sinaloa Autonomous University. Romero said he knows Chávez Jr., regards him 'an excellent person, a great human being' who had really focused on his training ahead of his bout in California just a week ago. He expressed full support for him. Questions of ties between Chávez Jr. and organized crime, Romero said, were 'too delicate' to touch. But in general, he said boxing and the cartel walked separate paths in Culiacan. 'We don't have anything to do with organized crime,' he said. 'On the contrary, it's a clean sport, very healthy from my point of view.'
