Sheinbaum defends CIBanco’s lawsuit, criticizes DEA: Wednesday’s mañanera recapped

At her Wednesday greeting property conference, President Claudia Sheinbaum acknowledged that Mexican slope CIBanco has launched ineligible enactment against the U.S. authorities and erstwhile again railed against an announcement the Drug Enforcement Administration (DEA) made connected Monday.

She besides noted that she is expecting immoderate precise important visitors earlier the extremity of the year.

Here is simply a recap of the president’s Aug. 20 mañanera.

CIBanco has the ‘right’ to writer US Department of the Treasury, says Sheinbaum 

Sheinbaum told reporters that she was alert that CIBanco is suing the United States Department of the Treasury, which successful June accused the Mexican bank, arsenic good arsenic the slope Intercam and the brokerage steadfast Vector, of laundering millions of dollars for cause cartels.

“I saw it successful the media,” she said.

“… They person the close [to bash so],” Sheinbaum said.

The work law.com reported connected Tuesday that “litigation boutique Dunn Isaacson Rhee has filed a suit alleging the Trump medication unlawfully blacklisted Mexico’s 20th largest fiscal instauration nether mendacious wealth laundering allegations.”

“The ailment alleges the U.S. Treasury Department’s Financial Crimes Enforcement Network arbitrarily blocked plaintiff CIBanco S.A. from accessing the U.S. fiscal strategy successful usurpation of the Administrative Procedure Act and Fifth Amendment to the U.S. Constitution,” the study said.

Law.com said that lawyers “deny the wealth laundering allegations connected behalf of their lawsuit CIBanco, an planetary commercialized slope headquartered successful Mexico City.”

Beyond CIBanco’s lawsuit, Sheinbaum said that “the important thing” is that the U.S. Department of the Treasury has (once again) postponed the day connected which sanctions against CIBanco, Intercam and Vector volition instrumentality effect.

CIBanco, Intercam and Vector triumph impermanent reprieve from US wealth laundering sanctions

Treasury’s Financial Crimes Enforcement Network (FinCEN) said successful a connection connected Tuesday that it had “extended the effectual dates for orders issued connected June 25, 2025, prohibiting definite transmittal of funds involving 3 Mexico-based fiscal institutions.”

FinCEN said that “covered fiscal institutions” successful the United States “will present person until October 20, 2025, to instrumentality the orders prohibiting definite transmittal of funds involving” CIBanco, Intercam and Vector, “each of which FinCEN recovered to beryllium of superior wealth laundering interest successful transportation with illicit opioid trafficking pursuant to the Fentanyl Sanctions Act and the FEND Off Fentanyl Act.”

Even though U.S. sanctions connected the 3 fiscal institutions person not officially taken effect, galore Mexico News Daily readers told america past period that they had experienced problems completing transfers to and from their CIBanco and Intercam accounts.

Sheinbaum: DEA connection ‘has thing to bash with reality’

Sheinbaum erstwhile again expressed her discontent with the DEA’s announcement of what it called a “bold bilateral inaugural to dismantle cartel gatekeepers and combat synthetic cause trafficking.”

She said that a DEA connection announcing the expected U.S.-Mexico inaugural “has thing to bash with reality.”

“… The information is I don’t cognize what their volition is [in] saying determination is simply a peculiar [bilateral] cognition connected the borderline erstwhile determination is not,” Sheinbaum said.

“In immoderate case, they volition person to accidental why, accidental what their volition is,” she said.

Sheinbaum said connected Tuesday that Foreign Affairs Minister Juan Ramón de la Fuente would question an mentation from U.S. Ambassador to Mexico Ron Johnson.

Sheinbaum says Carney and Macron to sojourn Mexico this year 

Sheinbaum told reporters that she has nary plans for immoderate much planetary trips successful 2025.

However, she noted that respective high-ranking overseas officials are readying to travel to Mexico earlier the extremity of the year.

President Sheinbaum volition person French President Macron and Prime Minister of Canada Mark Carney (both lasting to her right) successful Mexico earlier the twelvemonth ends. (Presidencia/Cuartoscuro)

“Remember that astatine the extremity of this month, adjacent week, [government] ministers from Brazil are coming,” Sheinbaum said.

“The premier curate of Canada is coming. The president of France is coming, betwixt present and December,” she said.

Bloomberg reported past week that Canadian Prime Minister Mark Carney “is readying to sojourn Mexico connected Sept. 18, according to a idiosyncratic acquainted with the matter.”

The quality bureau said that Carney is seeking “to boost commercialized and fortify relations with the state amid punishing US tariffs.”

Sheinbaum didn’t accidental erstwhile French President Emmanuel Macron was readying to visit, but Deputy Foreign Affairs Minister María Teresa Mercado said past period that helium was expected to travel to Mexico astatine the extremity of November.

Asked whether U.S. Secretary of State Marco Rubio would travel to Mexico this year, Sheinbaum said it was “probable” and indicated that the main intent of a sojourn would beryllium to “close” the caller Mexico-U.S. information agreement.

The president has said that the statement is “ready,” and based connected 4 principles: sovereignty; communal trust; territorial respect; and coordination without subordination.”

Rubio said successful May that helium “intended to question perchance to Mexico” successful “the adjacent fewer weeks” on with “a mates of different furniture members to benignant of finalize immoderate … areas of [security] cooperation.”

Three months later, the caput of authorities inactive hasn’t made it to Mexico.

By Mexico News Daily main unit writer Peter Davies ([email protected])