Mexico’s Financial Intelligence Unit Freezes Accounts of Ex-Election Chief Taddei and the “Electoral Coyote”

BySinEmbargo Staff

This article by SinEmbargo Staff originally appeared in the November 4, 2026 edition of SinEmbargo, an independent Mexican digital news outlet.

Mexico City, November 4 (SinEmbargo).— The Ministry of Finance and Public Credit (SHCP), through the Financial Intelligence Unit (UIF), reported today that it added 25 individuals and 15 legal entities linked to electoral suppliers of the National Electoral Institute (INE) to its List of Blocked Persons.

The former president of the INE’s Council, Guadalupe Taddei Zavala, is among the individuals whose accounts were frozen, an official source confirmed to SinEmbargo.

“The Ministry of Finance and Public Credit [SHCP], through the Financial Intelligence Unit [UIF], reports that, as a result of financial analyses carried out within the scope of its powers, it was determined to add 25 individuals and 15 legal entities linked to electoral suppliers to the List of Blocked Persons,” the federal agency said in a statement.

The same source told this outlet that José Alfredo Hernández Casillas, the businessman dubbed the “electoral coyote” because he allegedly organized the plundering of public resources through contracts at the INE and earlier, was also added to the List of Blocked Persons.

The Finance Ministry specified that inclusion on that list constitutes “a preventive and precautionary measure of an administrative nature,” so it does not imply a final determination of responsibility in the case.

It also noted that the people and companies affected by this inclusion “have the defense mechanisms and the guarantee of a hearing” established in current law.

The UIF Also Files a Complaint With the FGR

In its statement, the Financial Intelligence Unit indicated that, as part of the same process, it also filed the corresponding complaint with the Attorney General’s Office (FGR). The aim is for that authority to investigate the facts and “determine, in accordance with the law, the possible responsibilities that may arise.”

“The UIF reiterates its commitment to the prevention, detection and combating of transactions involving resources of illicit origin, through the analysis of financial information and coordination with the competent authorities, guaranteeing at all times respect for due process, the presumption of innocence and the rights of the people involved,” the UIF concluded.

The UIF freezes accounts of people and companies linked to electoral suppliers
The UIF explained that the measure was taken after identifying financial transactions that show risk factors. Photo: Camila Ayala Benabib, Cuartoscuro

In previous days, the INE reported that it would notify the FGR of the alleged acts of corruption and irregularities committed during Guadalupe Taddei’s administration, as well as possible conduct by other officials of the body, the interim president of the General Council, Blanca Yassahara Cruz García, said this Tuesday at a press conference.

All 10 councilors agree that our legal teams should work so that we can file the corresponding complaint, notify the Attorney General’s Office, and determine the responsibilities of whoever is responsible.

Blanca Yassahara Cruz García, interim president of the INE General Council

Resignations Over the Taddei Case Reach 30

Separately, the INE itself reported yesterday that, to date, 30 officials of the electoral body have resigned since the corruption scandal involving the former council president came to light. Meanwhile, the review of the institution’s internal structure will continue in order to detect other possible cases of conflict of interest.

In a statement, the INE detailed that the staff who decided to resign include almost two dozen people who were part of the former president’s office, as well as three area directors, plus heads and staff assigned to various units.