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Falanx Group Ltd

Cartel attempt to assassinate Mexico City police chief in high-end residential area

Predictions

  • Cartel attempt to assassinate Mexico City police chief in high-end residential area does not indicate significant increase in threat to foreign businesses
  • Government unlikely to significantly change overall security policy, despite rising public frustration with its soft approach to organised crime
  • Companies operating in Mexico will face rising crime rates, and further sporadic attacks in capital’s high-end areas will remain possible

Event

A group of nearly 30 gunmen opened fire on a vehicle carrying Omar Garcia Harfuch, the secretary of public security for Mexico City, just after 6am on 26 June. The attack took place in Lomas de Chapultepec, a wealthy residential neighbourhood, where most foreign embassies are located. Two bodyguards and a passer-by were killed. Garcia Harfuch – effectively the head of the police in the city – was hit three times, but survived. 

Falanx Assynt is a global intelligence consultancy and leading provider of geopolitical, strategic and business risk analysis since 2003. Falanx Assynt is part of Falanx Group Ltd (LON:FLX) which, through its subsidiaries, provides cyber defence and intelligence services to blue chip and government clients worldwide.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.