IBOV 171,488.35 ▼ 0.43% IPC MEX 71,866.30 ▲ 0.66% MERVAL 2,848,945 — — USD/BRL5.60▲ 1.58% USD/MXN18.68▲ 0.78% USD/CLP980.01▲ 1.32% USD/COP3,297▲ 5.68% USD/PEN3.42▲ 0.24% USD/ARS1,545▼ 0.02% USD/UYU40.45▲ 0.35% USD/PYG6,450▲ 1.45% USD/BOB11.74▼ 0.59% USD/DOP60.41▲ 2.32% USD/CRC446.56▼ 0.38% USD/GTQ7.64▼ 0.05% USD/HNL26.89▲ 0.02% USD/NIO36.62▲ 2.53% USD/VES897.02▲ 0.07% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 2.42% USD/TTD6.72▼ 0.03% EUR/BRL6.25▲ 2.01% BRENT 90.70 ▼ 2.02% WTI 85.70 ▼ 1.32% IRON ORE 161.91 — — COPPER 6.27 ▼ 0.98% GOLD 4,048 ▼ 1.61% SILVER 51.86 ▼ 1.34% SOY 1,188 ▲ 0.47% CORN 440.50 ▲ 0.28% WHEAT 586.50 ▼ 0.26% COFFEE 267.15 ▼ 2.36% SUGAR 18.08 ▼ 0.71% ORANGE JUICE 144.55 ▲ 4.48% COTTON 78.30 ▼ 0.61% COCOA 4,803 ▼ 4.02% BEEF 216.18 ▼ 0.01% CATTLE 327.70 ▼ 0.20% LITHIUM 60.42 ▼ 1.52% PETR4 44.83 ▼ 0.80% VALE3 64.62 ▼ 2.25% ITUB4 41.34 ▼ 0.91% BBDC4 14.52 ▼ 1.09% ABEV3 15.68 ▲ 0.45% BBAS3 16.97 ▼ 0.29% B3SA3 14.57 ▼ 1.89% WEGE3 51.45 ▲ 1.40% PRIO3 59.31 ▼ 0.13% SUZB3 55.17 ▲ 1.79% RENT3 29.99 ▼ 2.72% AZZA3 14.64 ▼ 3.17% CSAN3 2.69 ▼ 2.89% RAIZ4 24.40 ▼ 12.86% PCAR3 2.39 ▼ 1.65% GMAT3 3.77 ▼ 1.57% PSSA3 45.69 ▲ 0.09% CVCB3 0.85 ▼ 2.30% POSI3 2.99 ▼ 1.32% SLCE3 16.71 ▼ 3.41% NATU3 5.54 ▼ 2.98% BRKM5 2.99 ▼ 0.99% RANI3 8.38 ▼ 4.34% CSNA3 4.39 ▼ 2.23% IBOV 171,488.35 ▼ 0.43% IPC MEX 71,866.30 ▲ 0.66% MERVAL 2,848,945 — — USD/BRL 5.60 ▲ 1.61% USD/MXN 18.69 ▲ 0.86% USD/CLP 979.25 ▲ 1.24% USD/COP 3,290 ▲ 5.43% USD/PEN 3.42 ▲ 0.22% USD/ARS 1,545 ▼ 0.02% USD/UYU 40.45 ▲ 0.35% USD/PYG 6,450 ▲ 1.45% USD/BOB 11.74 ▼ 0.59% USD/DOP 60.42 ▲ 2.34% USD/CRC 446.56 ▼ 0.38% USD/GTQ 7.64 ▼ 0.05% USD/HNL 26.89 ▲ 0.02% USD/NIO 36.62 ▲ 2.53% USD/VES 897.02 ▲ 0.07% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 2.42% USD/TTD 6.72 ▲ 2.10% EUR/BRL 6.25 ▲ 2.01% BRENT 90.70 ▼ 2.02% WTI 85.70 ▼ 1.32% IRON ORE 161.91 — — COPPER 6.27 ▼ 0.98% GOLD 4,048 ▼ 1.61% SILVER 51.86 ▼ 1.34% SOY 1,188 ▲ 0.47% CORN 440.50 ▲ 0.28% WHEAT 586.50 ▼ 0.26% COFFEE 267.15 ▼ 2.36% SUGAR 18.08 ▼ 0.71% ORANGE JUICE 144.55 ▲ 4.48% COTTON 78.30 ▼ 0.61% COCOA 4,803 ▼ 4.02% BEEF 216.18 ▼ 0.01% CATTLE 327.70 ▼ 0.20% LITHIUM 60.42 ▼ 1.52% PETR4 44.83 ▼ 0.80% VALE3 64.62 ▼ 2.25% ITUB4 41.34 ▼ 0.91% BBDC4 14.52 ▼ 1.09% ABEV3 15.68 ▲ 0.45% BBAS3 16.97 ▼ 0.29% B3SA3 14.57 ▼ 1.89% WEGE3 51.45 ▲ 1.40% PRIO3 59.31 ▼ 0.13% SUZB3 55.17 ▲ 1.79% RENT3 29.99 ▼ 2.72% AZZA3 14.64 ▼ 3.17% CSAN3 2.69 ▼ 2.89% RAIZ4 24.40 ▼ 12.86% PCAR3 2.39 ▼ 1.65% GMAT3 3.77 ▼ 1.57% PSSA3 45.69 ▲ 0.09% CVCB3 0.85 ▼ 2.30% POSI3 2.99 ▼ 1.32% SLCE3 16.71 ▼ 3.41% NATU3 5.54 ▼ 2.98% BRKM5 2.99 ▼ 0.99% RANI3 8.38 ▼ 4.34% CSNA3 4.39 ▼ 2.23%
since 2009
Tuesday, November 10, 2026

Mexico Politics - Brazil

Mexico grants refuge to former El Salvador official accused of corruption

By · · 2 min read

RIO DE JANEIRO, BRAZIL – Mexico granted refugee status to former Salvadoran Minister of Public Works Gerson Martínez, accused of corruption for allegedly receiving irregular payments in the government of Mauricio Funes (2009-2014), his lawyer confirmed Monday.

Martínez, along with nine other former officials, including former President Salvador Sánchez Cerén (2014-2019), is facing criminal proceedings for illicit enrichment and money laundering crimes.

Read also: Check out our coverage on Mexico

Free daily brief — no card needed
Get every Mexico story in one morning email
We build you a personalized brief around the topics you follow — free for 7 days. Love it? Your first month after that is US$1.

Pedro Cruz, the defense lawyer of the former official, explained Monday to journalists in El Salvador that “Mr. Gerson Martínez has received refugee status for (political) persecution” and indicated that “in that sense, the Mexican government has taken kindly to examine the data of this case, as well as all the political, legislative and judicial situation of the country.”

Gerson Martínez
Gerson Martínez.
RT
Ask Rio Times
This story and the bigger picture.
Open the full Ask Rio Times →

According to the lawyer, the above is to “firmly determine that Mr. Martinez is politically persecuted in El Salvador and grants him refugee status by Mexican laws and international law, particularly with all the articles and regulations that come from the office of the United Nations High Commissioner for Refugees”.

Cruz added that “any attempt of extradition, capture or red notice will have to go through a long and cumbersome procedure of examination and there cannot be an automatic capture or extradition of Mr. Martinez while he has refugee status.”

The lawyer’s statements were made at the Second Peace Court of San Salvador. He arrived to present an appeal since said court sent the criminal proceeding to preliminary investigation and ordered provisional detention against all those implicated.

According to the Attorney General’s Office (FGR), Martínez allegedly received US$290,000 in bonuses during the Funes administration. This case stems from the investigation against Funes for the alleged embezzlement of US$351 million from the state budget.

Funes has lived in Nicaragua since 2016 and received in 2019 the nationality of that Central American country, whose Constitution prohibits the extradition of its citizens.

The other accused are former Treasury Minister Carlos Cáceres, former Health Minister Violeta Menjívar, former deputy ministers Hugo Flores and Erlinda Handal, and former FMLN deputy Calixto Mejía (2014-2017), as well as José López Juárez, former president of the Executive Port Commission (CEPA), and former private secretary of the Presidency Manuel Melgar and former Environment Minister Lina Pohl, who is out of the country and whose whereabouts are unknown.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

Living in or visiting Salvador? See this month's events and our Salvador city guide with rents, safety and upcoming concerts.

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.