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Mexico's former ruling party says fine will leave it without much money to operate
|Contributor||User 13 |
|Last Edited||User 13 May 14, 2003 05:55pm|
|Media||Newspaper - San Francisco Chronicle|
|News Date||Wednesday, May 14, 2003 11:55:40 PM UTC0:0|
|Description||Mexico's former ruling party has pledged to pay a US$91 million fine for allegedly using government funds to finance its 2000 presidential campaign, but officials said Wednesday the payments will leave the party with little money to operate. |
The fine was the latest blow to the Institutional Revolutionary Party, or PRI, which has struggled to regroup since losing the presidency to Vicente Fox in July 2000. Before that, the party had held the nation's top post for 71 straight years.
On Tuesday, Mexico's top electoral tribunal upheld the 1 billion peso (US$91 million) fine imposed in March after the PRI allegedly accepted illegal campaign funds filtered through Mexico's oil workers union.