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AMLO Defends Billionaire, Raising Doubts About His Anti-Graft Promises

  • Mexico’s president says he stands by Ricardo Salinas Pliego
  • Media mogul benefitted from deal at heart of corruption probe
Andres Manuel Lopez Obrador

Andres Manuel Lopez Obrador

Photographer: Pedro Mera/Getty Images

Mexican President Andres Manuel Lopez Obrador campaigned on promises to weed out corruption and crony capitalism. That commitment is being called into question amid new scrutiny of his relationship with the billionaire Ricardo Salinas Pliego.

AMLO, as the president is known, said Thursday he stands by Salinas after a Wall Street Journal report that the media mogul owned equity in a fertilizer company that was bought by the state oil company. The deal is at the heart of a corruption probe over whether officials overpaid for the assets.