A few Camaros, a Corvette, a Hummer H3T and a number of other General Motors vehicles are among those high-end goods that will be auctioned off by the Mexican government this week as part of its so-called ‘Robin Hood’ program.
The program saw Mexican authorities seize high-priced cars, large homes and other luxury goods that were purchased with ill-gotten gains in order to be auctioned. According to Ricardo Rodriguez, head of Mexico’s Institute to Return Stolen Goods to the People, proceeds from the upcoming sale will benefit the country’s less fortunate by supporting various social programs.
“The government used to be like a reverse Robin Hood, they stole from the people and gave to the rich,” said Mexican President Andres Manuel Lopez Obrador. “But not anymore: now we’re going to give back to the people, transparently. It’s an honour to be able to participate.”
“We want this to turn into public works, hospitals, things that benefit marginalised areas of the country,” he added.
In addition to the Corvette, Camaros and Hummer H3T, the auction will also include many armored Chevrolet Tahoes and Suburbans, a new Ford F-150 Shelby, a flat window VW Beetle, a Lamborghini Murcielago and a 1965 Ford Mustang, among many more. An alleged 77 cars will be auctioned in this first auction, with more to come.
The cars, along with the luxury homes that will be sold at the auction, were mostly seized from gang members, however one of the seized homes was once owned by a former politician. According to Reuters, Mexico loses anywhere between 5% and 9% of its annual gross domestic product (GDP) to political corruption.