Raúl Salinas Appeals Seizure of $114 Million by Swiss

On October 30, 1998, the media reported that Raúl Salinas and his wife have appealed with Switzerland’s highest court the seizure of $114 million. The seizure was based on allegations that the money is the proceeds of bribes from high-level drug traffickers who paid to guarantee protection of the drug shipments to the U.S. The appeal contends that the money had its source from legal funds and were investments from high-level Mexican businessmen with political ties... [more]