Accountability Needed: Questionable U.S. Sanctions on Mexican Banks Raise Sovereignty Concerns

The recent sanctions imposed by the U.S. Treasury Department against three Mexican financial institutions—CIBanco, Intercam Banco, and Vector Casa de Bolsa—have ignited a critical debate about the legitimacy of these allegations and the respect for international sovereignty.According to the Treasury's claims, these banks allegedly facilitated millions of dollars in money transfers connected to Mexican drug cartels and their procurement of fentanyl precursors from Chinese companies. However, the administration has so far failed to publicly provide concrete evidence supporting these serious accusations.Mexican President Claudia Sheinbaum responded decisively, demanding proof beyond vague allegations. "The Treasury Department hasn’t provided a single piece of...