This article appeared online at TheNewAmerican.com on Monday, May 1, 2017:
When Senator Ted Cruz (R-Texas) introduced his bill — the Ensuring Lawful Collection of Hidden Assets to Provide Order (EL CHAPO) Act — on Tuesday, he said the $14 billion seized from the Mexican drug lord would help build President Trump’s wall:
$14 billion dollars will go a long way toward building a wall that will keep Americans safe and hinder the illegal flow of drugs, weapons, and individuals across our southern border.
The money isn’t available just for the taking, added Cruz:
The U.S. government is currently seeking the criminal forfeiture of more than $14 billion in drug proceeds and profits from El Chapo, the former leader of the Sinaloa drug cartel who was recently extradited to the U.S. to face criminal prosecution for numerous alleged drug-related crimes, including conspiracy to commit murder and money laundering.
As part of the agreement between Mexico and U.S. authorities, El Chapo won’t face the death penalty, but his confiscated assets might be available if Cruz’s bill passes the Senate and the House, and is signed into law by the president. Confiscated assets such as these are usually directed to law enforcement efforts in the United States.
Cruz told Tucker Carlson on Fox News’s “Tucker Carlson Tonight” on Wednesday that it’s “only fitting” that drug money be used to build the wall: