'Robin Hood' Mexican president says to return stolen wealth to the people


Mexico's President Andres Manuel Lopez Obrador gestures during a news conference at the National Palace in Mexico City, Mexico April 15, 2019. REUTERS/Edgard Garrido

MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Monday he will create a "Robin Hood" institute to return to the people the ill-gotten wealth seized from corrupt politicians and gangsters.

His administration is drawing up a bill to create an independent "Robin Hood" institute "against the corrupt" that would put confiscated goods such as real estate, jewellery and cars into the public's hands, the president told reporters.

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