Ricardo Salinas Pliego Faces Cascade of Fiscal Defeats: Will Justice or Bankruptcy Finally Catch Up?With mounting court losses, Grupo Salinas is cornered, but continues its legal wrangling with taxpayer-funded funds at stake
Ricardo Salinas Court Defeat Tax Liabilities Most recently, on July 10, 2025, Mexico's judiciary handed down another major blow: a federal tribunal ordered TV Azteca to pay over 3.5 billion pesos (almost $200M USD) in overdue taxes, further compounding the group's ballooning liabilities. This follows closely on the heels of last month's decisions against Grupo Elektra, requiring it to pay approximately 2 billion pesos for 2012 tax debts, as well as a separate tribunal order upholding another 1.6 billion peso obligation for the same fiscal year. Meanwhile, the Mexican Supreme Court has delayed its critical ruling on Grupo Salinas's largest outstanding case—an eye-watering 31 billion peso debt—until after the current plenary session concludes in September, stoking fears of continued political maneuvering. According to Diario Basta, Salinas's collective debts now exceed the annual budgets of entire Mexican states, triggering alarm across financial and political sectors. Critics warn that his cumulative liabilities likely surpass his net worth, fueling speculation that Salinas may ultimately have to declare bankruptcy or risk a government takeover of Grupo Elektra. Recent maneuvers only deepen suspicions: Ricardo Salinas and his family abruptly resigned from Grupo Elektra's Board of Directors, widely seen as an attempt to shield assets by transferring them to Nueva Elektra del Milenio, even as the original Grupo Elektra faces an unpayable 63 billion peso tax burden amassed over more than a decade. An investigative feature by SinEmbargo bluntly framed it: "Ricardo Salinas accumulated his fortune through tax fraud." Their reporting argues that without persistent tax evasion, the empire might never have grown. This interpretation gains weight in light of Salinas's own dismissive words: "I won't pay radishes worth." Is this merely fiscal risk—or a full-scale corporate reckoning? What once seemed a revolving door of procedural delays now looks like the final stretch of a long-blocked road toward accountability. Investor trust and public confidence in Grupo Salinas's integrity continue to erode as the conglomerate fights desperately to delay resolution of its three most critical cases—legal obstacles that have so far prolonged Mexico's largest tax saga. Justicia Empresarial urges firm action from the SAT, CNBV, and Supreme Court to close loopholes that allow wealthy conglomerates to dodge obligations indefinitely. Where tax justice once seemed pliable under corporate pressure, Mexico's courts are now rendering increasingly unambiguous rulings. Whether Grupo Salinas pays up—or drags the process out for another year—will define not just its future, but Mexico's financial credibility and rule of law. Sources for Reference: https://elpais.com/ https://www.altonivel.com.mx/ https://lahoguera.mx/ https://diariobasta.com/ https://puebla.contrareplica.mx/ End
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