AIRLINK 191.00 Decreased By ▼ -5.65 (-2.87%)
BOP 10.15 Increased By ▲ 0.01 (0.1%)
CNERGY 6.75 Increased By ▲ 0.06 (0.9%)
FCCL 34.35 Increased By ▲ 1.33 (4.03%)
FFL 17.42 Increased By ▲ 0.77 (4.62%)
FLYNG 23.80 Increased By ▲ 1.35 (6.01%)
HUBC 126.30 Decreased By ▼ -0.99 (-0.78%)
HUMNL 13.80 Decreased By ▼ -0.10 (-0.72%)
KEL 4.75 Decreased By ▼ -0.01 (-0.21%)
KOSM 6.55 Increased By ▲ 0.18 (2.83%)
MLCF 43.35 Increased By ▲ 1.13 (2.68%)
OGDC 226.45 Increased By ▲ 13.42 (6.3%)
PACE 7.35 Increased By ▲ 0.34 (4.85%)
PAEL 41.96 Increased By ▲ 1.09 (2.67%)
PIAHCLA 17.24 Increased By ▲ 0.42 (2.5%)
PIBTL 8.45 Increased By ▲ 0.16 (1.93%)
POWER 9.05 Increased By ▲ 0.23 (2.61%)
PPL 194.30 Increased By ▲ 10.73 (5.85%)
PRL 37.50 Decreased By ▼ -0.77 (-2.01%)
PTC 24.05 Decreased By ▼ -0.02 (-0.08%)
SEARL 94.97 Decreased By ▼ -0.14 (-0.15%)
SILK 1.00 No Change ▼ 0.00 (0%)
SSGC 40.00 Decreased By ▼ -0.31 (-0.77%)
SYM 17.80 Decreased By ▼ -0.41 (-2.25%)
TELE 8.72 Decreased By ▼ -0.01 (-0.11%)
TPLP 12.46 Increased By ▲ 0.25 (2.05%)
TRG 62.74 Decreased By ▼ -1.62 (-2.52%)
WAVESAPP 10.35 Decreased By ▼ -0.09 (-0.86%)
WTL 1.73 Decreased By ▼ -0.06 (-3.35%)
YOUW 4.02 Increased By ▲ 0.02 (0.5%)
BR100 11,814 Increased By 90.4 (0.77%)
BR30 36,234 Increased By 874.6 (2.47%)
KSE100 113,247 Increased By 609 (0.54%)
KSE30 35,712 Increased By 253.6 (0.72%)

A US federal jury on Friday convicted a high-ranking member of Mexico's Gulf Cartel of conspiring to possess and import marijuana and cocaine to the United States, the latest blow to Mexican drug bosses in recent weeks. Juan Roberto Rincon-Rincon, a so-called plaza boss for the cartel, was convicted on all counts in the drug trafficking conspiracy case following a week-long trial in Brownsville, Texas, US Attorney Kenneth Magidson said.
Rincon-Rincon, 41, was accused of heading the cartel's operations in Rio Bravo, Tamaulipas, Mexico, a prime area for drug traffickers that borders the Rio Grande near McAllen, Texas. Prosecutors said that under Rincon-Rincon's leadership, the cartel netted more than $20 million from smuggling operations.
Key testimony in the trial came from Rafael "El Junior" Cardenas-Vela, Jr., nephew of former Gulf Cartel leader Osiel Cardenas-Guillen, who is serving a 25-year sentence in a US prison. Cardenas-Vela, a fellow cartel plaza boss, pleaded guilty to a drug conspiracy charge this year and awaits sentencing, Magidson said. Rincon-Rincon faces between 10 years and life in prison at a sentencing hearing set for January. Rincon-Rincon worked closely with Jorge Eduardo "El Coss" Costilla, who since 2003 allegedly headed the Gulf Cartel following Osiel Cardenas-Guillen's arrest. Mexican authorities arrested Costilla September 13 in Tamaulipas, the north-eastern Mexico state where the cartel operates.
Arrests and turf battles have weakened the Gulf Cartel since 2010, when it dissolved its alliance with the Zetas, which rose to power from a group of Mexican army deserters in the late 1990s. Mexican authorities said they struck a serious blow against the Zetas on Wednesday, when naval forces arrested Ivan "El Taliban" Velasquez in San Luis Potosi. Velasquez is listed by the Mexican government as one of the country's most-wanted drug kingpins.
Also this month, Mexico arrested Mario Cardenas in Tamaulipas. He is accused of helping run the Gulf Cartel since his brother Antonio Cardenas, known as "Tony Tormenta," was killed in a 2010 gunfight with the Mexican government. They are brothers of Osiel Cardenas-Guillen. The recent takedowns of high-level Mexican drug cartel members come as the country's new president, Enrique Pena Nieto, is set to take office on December 1. About 60,000 people have been killed in drug-related violence since Mexican President Felipe Calderon took office in late 2006.

Copyright Reuters, 2012

Comments

Comments are closed.