Anti-graft group says that for every peso reported to election officials, 15 goes unreported

For every peso spent by Mexican parties on campaigning and reported to electoral authorities, another 15 pesos goes unreported, according to a new study showing that the country’s political campaigns are awash in cash from dubious sources.

The report, published on Tuesday by the anti-graft group Mexicans Against Corruption and Impunity, comes four week’s before the country’s presidential elections. The left-leaning populist, Andrés Manuel López Obrador, leads polls for the 1 July election by double digits.

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