Chinese Rail Contractor Also Owns President Nieto’s Home

The $7 million home on a 15,220-square-foot property in Mexico City's most exclusive neighborhood was built and is owned by Ingenieria Inmobiliaria del Centro, a company belonging to Grupo Higa, according the report published Sunday by Aristegui Noticias, website of journalist Carmen Aristegui.

Constructora Teya, another Grupo Higa company, was part of a Chinese-led consortium that received the $3.7 billion, Mexico-Queretaro high-speed rail contract, a project Pena Nieto showcased as part of his push to modernize transportation in the country. Opposition lawmakers criticized the rapid approval process that produce only one bidder . . .