MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Monday he will create a "Robin Hood" institute to return to the people the ill-gotten wealth seized from corrupt politicians and gangsters. His administration is drawing up a bill to create an independent "Robin Hood" institute "against the corrupt" that would put confiscated goods such as real estate, jewellery and cars into the public's hands, the president told reporters. "Let's quickly return everything to the people that's been stolen," he said at his regular morning news conference. For example, the institute could assign seized homes to municipalities for schools, hospitals or elderly care centres, he said. Immediately upon taking office, he turned over the presidential palace to the public and put his predecessor's official plane up for sale.
Source: The Star April 15, 2019 16:55 UTC