El Chapos House Auctioned For 4th Time

The house of drug lord Joaquin ‘El Chapo’ Guzman will be auctioned for the fourth time on Sunday 23rd August.

The starting price of the house which has so far failed to sell despite being put up for auction three times is 2,633,200 MXN (91,537 GBP).

Authorities announced that in order to participate, it is necessary to post a deposit of 200,000 MXN (6,953 GBP), local newspaper Infobae reported.

The house is located at 1811 Emiliano Garcia Street in Colonia Libertad, in the city of Culiacan in the state of Sinaloa in northwestern Mexico.

Credit: INDEP/Newsflash
The house auctioned

The house has increased its sale value after the price of the house was cut in half at the previous auction.

The house was seized when law enforcement carried out operations to capture the founder of the Sinaloa Cartel in February 2014.

On that occasion, the authorities found plastic bananas filled with cocaine and plastic cucumbers filled with marijuana. In addition, there were weapons, cartridges and drugs, report Infobae.

Chapo Guzman was able to flee together with his former deputy Lucero Sanchez before Navy agents arrived, the same local newspaper reported.

The house is connected with another one located on Enrique Colunga street, which, like this one, also has a passageway under the bathtub.

Credit: INDEP/Newsflash
The house auctioned

In 2014, when he was captured Chapo admitted to the Mexican authorities to have killed between 2,000 and 3,000 people.

He escaped from prison twice in 2011 and 2015.

He was captured again in 2016 and extradited to the United States one year later.

He is currently incarcerated in ADX Florence Prison in Colorado in the United States and he is sentenced to life imprisonment plus 30 years.

In 2011, Forbes magazine estimated Guzman’s assets at 1 billion USD (764 million GBP).

To find out more about the author, editor or agency that supplied this story – please click below.
Story By: Carlos DavalosSub-EditorAlex Cope, Agency: Newsflash

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