A man in a suit and red tie speaks at a podium with a background that says "Mexico City, January 13, 2025."
MEXICO

New head of finance was disqualified for alleged corruption in the previous six-year term.

Édgar Amador went from being disqualified for corruption to becoming the head of finance.

In August 2020, the Secretariat of the General Comptroller of Mexico City sanctioned Édgar Amador Zamora.

Former Secretary of Finance during Miguel Ángel Mancera's administration, for alleged irregularities in the management of public resources.

A man with glasses and a graying beard wears a suit and tie in front of a red background.
Edgar Amador | La Derecha Diario

Context

Ramírez de la O cited personal reasons for his resignation, pointing to family commitments abroad that prevent him from continuing in the position.

He expressed his pride in having served in the administration and thanked the trust placed in him.

Two people at a formal event, one of them is speaking behind a podium with a microphone and the other is smiling.
New head of treasury | La Derecha Diario

Ramírez de la O's resignation comes at a time of economic uncertainty, marked by the threat of tariffs from the United States under Donald Trump's administration.

During his tenure, Ramírez de la O played a crucial role in the design of public finances and in managing financial volatility.

Investigations for fund misappropriation

During his tenure, Amador was accused of alleged misappropriation of funds intended for reconstruction after the 2017 earthquake.

In October 2019, along with the former head of the Reconstruction Commission, Ricardo Becerra, he expressed his willingness to clarify the accusations before the capital's prosecutor's office.

Resignation from the Secretariat of Finance in 2018

In April 2018, Amador submitted his resignation as Secretary of Finance of Mexico City, a position he had held since December 2012.

After his departure, he joined the group of advisors to the capital's government.

Controversy over his incorporation into the Bank of Mexico

Subsequently, his incorporation into the Bank of Mexico (Banxico) caused discontent among high-ranking officials of the institution and the federal government.

Due to his closeness to Mancera's administration and the previous accusations against him.

Appointment as Undersecretary of Finance in 2024

Despite his history, in September 2024, President-elect Claudia Sheinbaum appointed Édgar Amador as Undersecretary of Finance and Public Credit.

This followed the resignation of Gabriel Yorio González.

This appointment caused criticism due to the previous sanctions and doubts about his integrity in public service.

Édgar Amador's career reflects the complexities in Mexican public administration.

Where officials with questionable backgrounds can rejoin high positions, generating debates about ethics and transparency in government.

➡️ Mexico

More posts: