Mexico's Election Officials Say Parties Did Not Overspend The News
go to original August 24, 2012

MEXICO CITY – The president of the Federal Electoral Institute (IFE), Leonardo Valdés, said on Thursday that based on research done by the election-monitoring institute, none of Mexico’s three main political parties exceeded the spending limit or received money from prohibited sources during the pre-campaign.

“The audit carried out by the Auditory Unit allows us to say that all political parties used legal funds in their pre-candidate races,” Valdés said.

The information was released in a press conference following a meeting of the IFE’s General Council, where Valdés presented the results of the institute’s inquiry into pre-campaign funds.

Valdés said that the 2007-2008 electoral reform changed the way the IFE monitors the finances of political parties in Mexico, adding that Congress established strict rules so that the audit process would be exhaustive and thorough.

He went on to say that the pre-campaign audit also found that all political parties and coalitions combined brought in 83.3 million pesos and spent 85.5 million. He added that of the 275 irregularities found by the institute, only 86 were not immediately clarified by the parties; of those 86, 80 were technical errors. Six of the errors were due to a distorted interpretation of the law.

The IFE also announced on Thursday that it has fined the parties that comprise the Progressive Movement over 8 million pesos for several non-funding related irregularities in their pre-campaigns.

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