$1.1 BILLION In Alleged CJNG Cartel Assests Frozen By US And Mexico Authorities

Assets totaling more than $ 1 billion linked to nearly 2,000 people and businesses suspected of having ties to CJNG Cartel in Guadalajara were frozen as part of a law enforcement operation called Operation Blue Agave, a project of the Mexican Department of Finance and the United States. Drug Law Administration.

Mexican President Andres Manuel Lopez Obrador told reporters that Operation Blue Agave was a joint effort between the United States and Mexico:

“There was a request from the United States government because it had information about this group … Following collaboration agreements, the accounts of this group had to be frozen … There will be no more protection for any organized crime group; I will continue to deal with organized crime to keep the peace in the country. “

Rubén Oseguera Cervantes, better known to the public by the name of “El Mencho“, is the presumed chief of CJNG and is currently hiding with a bonus of 10 million dollars on the head, and the Blue Agave operation would have been part of an attempt of the authorities to attack his associates and his financial resources as an indirect means of attacking the man himself.

Alleged CJNG Cartel Assests Frozen
Alleged CJNG Cartel Assests Frozen

Peter Macdiarmid / Getty Images

Santiago Nieto Castillo is the head of the financial intelligence unit of the Mexican Ministry of Finance, who also spoke to journalists about the operation. According to Castillo, the FIU froze the assets of 1,770 people (and 67 companies and two escrow accounts), for a total amount of $ 1.1 billion.

Operation Blue Agave is just the latest blow to CJNG in recent months. El Mencho’s son was arrested for drug trafficking and extradited to the United States in February, while his sister was arrested while in Washington for trial. Then, in May, his brother-in-law was also arrested and extradited from Mexico to the United States. And since El Mencho has been legally designated as the “backbone” by the US Treasury Department, the companies under its ownership are essentially on the blacklist of individuals and banks in the United States.

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