Former President Ernesto Zedillo Ponce de León has provided a new response to the statements of President Claudia Sheinbaum regarding the transparency of the audit of the Bank Savings Protection Fund (Fobaproa). In a conference alongside Pablo Gómez Álvarez, Head of the Financial Intelligence Unit (UIF), Zedillo was accused of lying about this audit and deliberately withholding information. The bank bailout implemented in 1995 after the 1994 economic crisis continues to be a topic of controversy, with the resulting debt estimated at 73,775 million pesos still being paid off.
In his response, Zedillo reiterated his position from September 2024 regarding the destruction of Mexican democracy, which includes the disappearance of an independent judiciary and its replacement with one aligned with the Executive. Facing accusations of diverting attention, Zedillo questioned the loss of benefits and costs of actions taken by López-Obrador's government, including the destruction of an airport and other projects.
The former president lamented the transformation of Mexican democracy into a despotic regime of hegemonic party rule and emphasized that the audit of the bank bailout was conducted independently, noting that the ruling party no longer held a majority in the Chamber at that time. Zedillo rejected the accusations of slander, insults, and threats, urging a response to his arguments about the current situation of the country and the actions taken by previous governments.
