The Narco News Bulletin
of our country is América"
A Narco News Global Alert
Crack The Code
FOBAPROA List on Canadian Auditor's CD Still Hides 90-percent
of the Money Trail
Translated from Mexican
News Reports Published on Wednesday Afternoon
Narco News Analysis
CNI en Línea: The Democratic Revolution Party
(PRD) branch of the legislature opened the CD-Rom on Tuesday
night that contains information about the "reportable"
transactions of the Bank Savings Protection Fund (FOBAPROA),
an action that legislators of the PRI and PAN parties called
illegal, without validity or credibility.
The PRD whip, Pablo Gómez
clarified that the information is "presumably" the
same delivered by Canadian auditor Michael Mackey. At the same
time he denounced that the so-called "black list" of
these operations is incomplete and gives access to only 10 percent
of the reportable transactions.
He explained that of two
million loans that are found in the belly of FOBAPROA, the auditor
only could review 22,000 transactions, and of those he delivered
only 2,300 in his report with the name or corporation (of the
In the Herberto Castillo
Hall of the Legislative Palace at San Lázaro, Congressmen
Pablo Gómez and Alfonso Ramírez Cuéllar
confirmed that in the irregular operations were found the names
of ex-bankers such as Carlos Cabal Peniche, Jorge Lankenau and
Angel Rodríguez, known as "El Divino."
In addition, is said that
the information opened last night with the support of "mathematical
experts" shows loans by the companies Gutsa Construcciones,
the Taesa airlines, Aceites Casa and the Santos de Hoyos, Bellesteros
and Hank families (the latter through the Agua Caliente Racetrack
in Tijuana) with personal loans....
Narco News Commentary: What does this mean?
The FOBAPROA fund was
something akin to, but not exactly like, the FDIC in the United
States. It was a government protection fund for banks in case
bad loans were not repayed. The
New Mexican Oligarchy
-- the bankers and other big businesses, together with the narco-traffickers
-- found loopholes in the law that allowed them to make paper
corporations (ideal for drug money laundering), contract bank
loans without sufficient capital to pay them back, fail to pay
the loans, and, in effect, collect the same money twice.
The pricetag for the Mexican
people has already reached $80 billion US dollars.
ALL MEXICAN BANKS have
been implicated in FOBAPROA,
including the four big ones: BANAMEX, Bancomer, Bital and Serfin.
But PRI and PAN party
legislators teamed up to make the public pay the bill while still
hiding the names of the culprits and the amounts stolen. The
legislature also paid $2 million dollars to Canadian auditor
Michael Mackey to deliver a report, which he gave to the Congress
on a CD-Rom, with a password that he divided into six parts and
gave the five political parties in Congress one password apiece.
Mackey reserved a sixth password for himself without disclosing
that to Congress.
The left-wing PRD party
contracted hackers -- they've called them "mathematical
technicians" -- to break the code. After three weeks of
round-the-clock labor, the hackers discovered the secret sixth
password and broke it. And they discovered that Mexico's now
president-elect Vicente Fox gave a false password during a nationally
televised debate, which provoked his party to cough up the real
The last password unbroken
was that of the PRI, last night.
Now, the hackers have
made possible for the public to know: Canadian auditor Michael
Mackey lied to his client -- the Congress -- not only when he
hid the existence of the secret sixth password, but also about
the contents of the disk. He hid 90-percent of the transactions.
The major players that
are found in the 10-percent of the information he gave are those
already under prosecution: the
Hank Family (subpoenaed this week before the US Federal Reserve
Board over false claims it made in the purchase of the Laredo
National Bank of Texas with money laundered through the Virgin
Islands), Carlos Cabal
Peniche (in prison in Australia awaiting extradition to Mexico
for various frauds and linked to drug money laundering), Jorge
Lankenau and "El Divino" Angel Rodríguez, both
criminally charged by the Mexican government. Read more on these
individuals in our report on The
Consolidation of the Narco-State.
What Canadian auditor
Michael Mackey appears to have hidden are the 90 percent of the
transactions by Banamex, Bancomer, Bital, Serfin and other banks,
by individuals and companies that still enjoy impunity under
The cracking of the code
allows the Mexican people to know, for the first time, that the
Canadian auditor himself committed a major fraud to his client.
The drug money laundering aspect of FOBAPROA is also made clear
with the revelations about Hank and Cabal Peniche.
The cries of illegality
by the PAN and PRI parties toward the PRD demonstrate that even
this limited amount of information moves the public record forward
at a velocity that now shakes at the foundations of US and Mexican
protection of massive money laundering and drug trafficking through
And it gives one hot potato
to President-elect Vicente Fox, whose party tried to keep this
information under password-and-key.
Previous Narco News stories
on this process are:
http://www.narconews.com/hackers1.html (which announced, for the first
time in English, that hackers were hot on the trail)
Commentary on FOBAPROA, translated below:
Miserables" Cartoon by Patricio in the daily Milenio:
FRAME 1 (In front of the
House of Deputies):
"Step right up,
FRAME 2: "Get
your CD-Rom with classified information!"
FRAME 3: "CD-Rom
you said? What kind of classified information?"
FRAME 4: "Ah,
the CD that has the secret lists of ROB-APROA!" "What?"
FRAME 5: "And
where the hell did you find this my indiscreet son? We have hidden
our password" "Ah, with a little friend from grade
school we went to the web page of the federal IPAB agency from
a cyber-cafe, and we found the best thing"
FRAME 6: "Wow,
it's something! With names of the pigs!" "Yes, yes,
I already know, but lower your voice or the opposition might
FRAME 7: "Let's
see. Give me all the copies you have and here's a hundred pesos
to stay far away from computers."
FRAME 8 ("LATER"):
"Cool! Gimme another
20 virgin CDs. Tomorrow I'm going to the Senate Chambers! ...oh
yeah, and another backpack!"
Un abrazo fuerte