translated from Spanish: Zhenli Ye Gon home auction money will go to Pan American athletes

The money obtained from the sale of the house seised to businessman Zhenli Ye Gon will be used to finance monthly scholarships and additional supports for the 544 Mexican athletes participating in the Pan American Games in Lima.
For the auction of this property, which will be held next Sunday, August 11 in Los Pinos, 150 million pesos are expected.
The house seised of Zhenli Ye Gon is 1,200 square meters, has four levels and is valued at 95 million pesos and has received interest from some ambassadors, area neighbors and investors, who have visited the property.
Read: Conade is in red numbers, there is not even to pay for the electricity, says Ana Guevara
López Obrador detailed that the 544 athletes participating in Lima will receive 240 thousand pesos that will be delivered in a single exhibition, as soon as they return to Mexico, so that they will decide how to distribute it.
That means about 130 million pesos, the other 20 million pesos, he said, will be used to provide additional stimuli.
“Everyone is going to get 240, 000 pesos, at the rate of 20 thousand pesos per month, for a year,” he explained.
Read: Irregularities in Conade’s purchases and expenses detect
There will be an additional stimulus for Mexicans who got a medal: 40 thousand pesos per month for gold medalists, 35 thousand for silver medalists, and 25 thousand for bronze.
The President indicated that the government would not administer the athletes’ resource as the delivery of support would be from the Federation Treasury to the beneficiary and administered by them.
Prior to the Pan Americans, several athletes complained because there was a reduction in the amount of their scholarships from 6 thousand to 2 thousand pesos.
The Conade said that this resource would be maintained until the implementation of the second phase of the restructuring, which will be until after the Pan American Games, depending on the results.
“The support that will be given with the auction is additional, the sport in the country is a priority, the Fodepar de la Conade Trust will follow, the problem is corruption and mishandling of funds, athletes will not lack what is necessary ” they’re not going to run out of resources because we’re not the same,” he said.
 
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Original source in Spanish

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