Mexico City – The Spanish billionaire who is said to be in the running to buy the home of late Mexican dictator Joaquin “El Chapo” Guzman may have a link to a US real estate company, the Wall Street Journal reported, citing sources.
The Wall Street J report said that Guzman’s estate is owned by a company called the J. P. Morgan & Co. that has offices in New York.
The newspaper said that the company had no comment on the report.
The Wall Street New York also said that there were no connections between Guzman and the company.
The Mexican billionaire died in January.
Mexico has long been a US ally in the fight against drug cartels, but it is also a major transit point for drug money and the biggest source of money for drug cartels.
Guzman was a major investor in American real estate, including in the Las Vegas strip, according to Forbes magazine.
In March, Guzman made a surprise trip to Mexico City to visit his son, who is also believed to be the heir apparent to Guzman.