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Mexico has a "Cash" economy.

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Mexico has a "Cash" economy. Empty Mexico has a "Cash" economy.

Post by arbon on Tue Apr 10, 2012 6:17 pm

Veracruz official demands return of USD $1.9 million $25 million pesos.

PGR officials impounded the cash stuffed into a suitcase and backpack after Policia Federal operatives arrested two individuals said to be Veracruz state employees. The arrests took place on a Friday night.

Since that time Veracruz officials have protested the money was intended to pay for a series of contracts by a Mexico state company 3 Industries for promotion services for three upcoming festivals.

Within a week of the arrests, an attorney for the company, Ricardo Sanchez Reyes Retana, announced to the press he was scheduled to meet with a representative of the PGR in Toluca to present a copy of the contact which called for payment by either electronic means or in cash.
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