E-MAIL THIS LINK
To: 

Sunday Morning Coffee Pot: Humberto Moreira's exculpation

For a map click here
To read about Moreira and his resignation 51 weeks ago, click here


By Chris Covert
Rantburg.com

One year ago Humberto Moreira Valdes was at his lowest point politically when he was forced to relinquish his position as president of Partido Revolucionario Institucional (PRI) after near constant attack from within his own party as well as from several others from the outside.

The problem for Moreira was during his term as governor when Coahuila had acquired the heaviest per capita public debt load of any political entity in Mexico. Correspondingly, Coahuila had some of the most lavish income transfer schemes, including income supports of the elderly and medical care for students.

Through the auspices of this massive spending spree several of his cronies including a communications business man, Vicente Chaires, enriched himself further with business contracts in the state.

Moreira himself has done well while governor of the state. It is rumored he owns a rather expensive home in San Antonio, Texas.

Even as much as he fought from relinquishing his position as president of the PRI, the upcoming election of 2012 and with pressure from many others in PRI leadership spots, Moreira was forced to step down. The charges dogging him were many, including hints he was in on the fraud that enabled the massive debt Coahuila had contracted.

Now, 51 weeks after he was forced to step down the Mexican Procuraduria General de la Republica (PGR) released a statement that the office would decline prosecution for crimes committed by Moreira, as clear an exculpation as can be had in Meixco's legal system.

What the exculpation means now is that Moreira, a governmental administrator of marginal ability, but a political nerd, is no longer a political liability. During the weeks prior to the admission by the PGR, Moreira had spoken about re-entering politics after his exile, which was a clear signal that he wanted something in Mexico City when president-elect Enrique Pena Nieto takes over as president of the republic six days from today.

It could well be that many in top leadership spots in the PRI may owe Moreira a political favor for taking one for the team 51 weeks ago, and that includes president-elect Pena Nieto.

Chris Covert writes Mexican Drug War and national political news for Rantburg.com
Posted by: badanov 2012-11-25
http://www.rantburg.com/poparticle.php?ID=356821