LatinNews Daily - 05 November 2026

*Mexico’s finance ministry (SHCP) has announced that its financial intelligence unit (UIF) has frozen the bank accounts of 25 individuals and 15 legal entities linked to electoral suppliers to the national electoral institute (INE). This comes as the former INE head, Guadalupe Taddei, resigned last month amid allegations of corruption. According to a SHCP statement released yesterday, the UIF has filed the corresponding complaint with the federal attorney general’s office (FGR), in order that it may conduct the relevant investigations. The SHCP statement did not name names, but the Mexican media has widely reported that Taddei was among those affected. The INE scandal comes ahead of Mexico’s midterm elections next year, which will see all 500 federal deputies, 17 state governors, and tens of thousands of local positions elected.