Mexico freezes suspicious university funds received via Switzerland
According to the Mexican Treasury, the University of Hidalgo received the money via Switzerland from accounts in 22 countries.
Keystone
Mexico’s treasury has frozen $156 million (CHF156 million) of a large public university’s funds while it investigates suspected money laundering. The university received the money via Switzerland from accounts in 22 countries, according to the government agency.
This content was published on
1 minute
Keystone-SDA/jdp
On Friday, the chairman of the financial intelligence service of the Mexican treasury, Santiago Nieto, announced an investigation into funds received by the University of Hidalgo after Mexico’s financial system alerted authorities of “unusual” movements.
According to the financial intelligence service, in addition to Switzerland, the remittances came from Spain, Great Britain and other countries.
The director of the university, Adolfo Pontigo Loyola, stated in a statement on Friday that the university had not yet been contacted in the case. “We have neither money that does not belong to the university, nor in the name of the university, nor have we received money from any other country”. He stated that he would cooperate with the investigation.
Nieto declined to offer more details on the open investigation. He says the funds would remain frozen until the situation was investigated.
The Autonomous University of the State of Hidalgo is located in east-central Mexico and is one of the oldest and largest research universities in the country.
Train vs plane: would you take a direct train between London and Geneva?
Eurostar is planning to run direct trains from Britain to Germany and Switzerland from the early 2030s. Would you favour the train over the plane? If not, why not?
Switzerland wants to examine cooperation with the EU in the defence sector
This content was published on
The Federal Council wants to examine a security and defence partnership with the EU. Exploratory talks are to begin as soon as possible. Among other things, the partnership would be used for defence procurement.
Swiss trial shows organic farming is 85% as productive as conventional agriculture
This content was published on
This is shown by the results of a globally unique open-air trial that has been running for 47 years in Therwil in the canton of Basel-Landschaft.
Nestlé fined by Swiss canton for illegally filtered water
This content was published on
Nestlé has been fined CHF 500,000 in the canton of Vaud for the unauthorised use of activated carbon filters in the production of mineral water. The filters were used to produce Henniez water from 2008 to 2022.
Swiss government proposes restrictions on Ukrainian refugees
This content was published on
Only those whose life and limb are at risk in Ukraine and who flee to Switzerland are to be granted S status in future. The remaining Ukrainian refugees should apply for asylum. This is what the Federal Council is proposing.
This content was published on
The Fribourg parliament approved a sum of CHF6.4 million to renovate the ramparts, the walkway and the towers, as well as to replace the exterior lighting.
Swiss rental housing listings increase for the first time in three years
This content was published on
For the first time in three years, the number of advertisements for rental accommodation is on the rise, but this does not dampen demand, quite the contrary. In Ticino, the average duration of an advertisement published on the main portals is 30 days.
Switzerland doing relatively well when it comes to child vaccination rates
This content was published on
Progress in child immunisation has stalled. For decades, the number of children vaccinated against measles, polio and other diseases has risen. But since 2010, vaccination rates have stagnated in many countries, according to a study.
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
Read more
More
Record reached for suspected money-laundering reports
This content was published on
Record number of reports made to the Swiss money-laundering watchdog in 2017, worth a “striking” CHF16 billion ($16.2 billion), the agency has said.
This content was published on
The Mexican government has been showing great interest in the Swiss vocational training system, where apprentices learn a trade. It’s hoped an alliance between Swiss companies in Mexico and the government there can now help to firmly establish apprenticeships in the country. Although Mexico has been seeing strong economic growth for years and many international…
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.