UPDATE 1-Mexico media czar's cousin briefly kidnapped-reports

Related Topics

Thu Sep 2, 2010 6:42pm EDT

(Updates with Azcarraga's release)

MEXICO CITY, Sept 2 (Reuters) - Armed men abducted and held the cousin of the owner of Mexico's top broadcaster, Televisa, for four hours on Thursday in one of the hotspots of the country's drug war, local media reported.

Fernando Azcarraga Lopez, a former mayor of the port city of Tampico in northeastern Tamaulipas state, was seized as he left a coffee shop in Tampico, El Norte and El Sol de Tampico newspapers reported.

He was later released and returned to his residence, which was under heavy guard by Mexican soldiers, media reported. It was unknown if any ransom had been paid.

The papers identified Azcarraga, a businessman, as a cousin of Televisa (TV.N) (TLVACPO.MX) Chairman and Chief Executive Emilio Azcarraga Jean, one of the most high-profile media figures in Mexico.

Police in Tamaulipas said they could not confirm the reports, while Televisa, the world's largest producer of Spanish-language content, said it had no information on the reports.

<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Full coverage of the drugs war [ID:nMEXICODRU]

Multimedia coverage:

here

Political risks in Mexico [ID:nRISKMX]

FACTBOX on latest attacks [ID:nN29121638]

Graphic link.reuters.com/qyn96n

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>

A car bomb exploded last week on a street near Televisa's studios in Ciudad Victoria, another city in Tamaulipas state, in what appeared to be the latest attempt by drug gangs to intimidate the media.

More than 28,000 people have died in drug violence since President Felipe Calderon launched a crackdown on the powerful cartels when he took office in late 2006.

This week police captured Edgar "La Barbie" Valdez, a major drug trafficker, but his arrest may do little to halt the flow of drugs into the United States or staunch bloodshed in Mexico's most violent areas, many of them along the U.S. border.

Mexico has also long been known for criminal gangs that kidnap wealthy individuals and demand ransoms. (Reporting by Cyntia Barrera Diaz and Robin Emmott; editing by Missy Ryan and Paul Simao)

Related Quotes and News

Company
Price
Related News
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (1)
jway wrote:
$113 billion is spent on marijuana every year in the U.S., and because of the federal prohibition *every* dollar of it goes straight into the hands of criminals. Far from preventing people from using marijuana, the prohibition instead creates zero legal supply amid massive and unrelenting demand.

According to the ONDCP, at least sixty percent of Mexican drug cartel money comes from selling marijuana in the U.S., they protect this revenue by brutally torturing, murdering and dismembering countless innocent people.

If we can STOP people using marijuana then we need to do so NOW, but if we can’t then we need to legalize the production and sale of marijuana to adults with after-tax prices set too low for the cartels to match. One way or the other, we have to force the cartels out of the marijuana market and eliminate their highly lucrative marijuana incomes – no business can withstand the loss of sixty percent of its revenue!

To date, the cartels have amassed more than 100,000 “foot soldiers” and operate in 230 U.S. cities, and Arizona police are now conceding that parts of their state are under cartel control. The longer the cartels are allowed to exploit the prohibition the more powerful they’re going to get and the more our own personal security will be put in jeopardy.

Sep 02, 2010 11:06pm EDT  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.