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

Claudia Sheinbaum frustrated as US says trio – placed under sanctions – are ‘vital cogs in the fentanyl supply chain’

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.”