Mexican president demands proof after US accuses banks of laundering drug money

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Mexican president Claudia Sheinbaum expressed frustration at US sanctions against three Mexican financial institutions accused of laundering drug money, and said the US has not yet provided any evidence of criminal activity. “Until now, the treasury department has not sent any proof that indicates there is money laundering,” Sheinbaum said. “We will act if there is proof.” She then publicly requested the treasury department “send proof, if they have it, so we can accompany them in the process”. The US treasury department announced on Wednesday it was placing sanctions on three separate Mexican financial institutions, accusing them of being used...