Consumer
Tequila Capital Seeks to Curb Extortion After Alleged Shakedown
After Mexican investigators said they’d uncovered a brazen extortion scheme by a rogue mayor against the world’s oldest tequila maker, the state government is seeking to repair the damage.
Pablo Lemus Navarro, governor of Jalisco state, is pledging 500 million pesos ($29 million) of investment in the municipality of Tequila to support businesses and tourism while improving infrastructure and social programs. In an interview with Bloomberg on Friday, he said that business owners “can be certain about their investments because the municipality of Tequila will have direct intervention from the Jalisco state government.”