(Photo: European Pressphoto Agency)
MEXICO CITY — As the hunt for fugitive drug lord Joaquín “El Chapo” Guzmán intensifies, Mexican authorities recently announced they have confiscated a total of 11 planes, eight vehicles and six houses belonging to the kingpin in the past five months.
That’s likely just a fraction of the assets Guzmán has accumulated during his life of crime. The Sinaloa Cartel he oversees traffics billions of dollars worth of narcotics to the United States every year, according to estimates from the U.S. Justice Department and the U.S. Drug Enforcement Administration.
The yawning gap between the seizures and Guzmán’s potential riches underscores a growing concern here: Why the Mexican government can’t or won’t seize more of Guzman’s ill-gotten gains. The problem, critics say, is a lack of laws with teeth, and the motivation to change that.
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