Mexico Finance Minister Says Wasn’t Required to Disclose Loan: Report

Mexican Finance Minister Luis Videgaray would have declared a conflict of interest on a housing loan from a government contractor if the law required it, and acknowledged he paid less than half the market interest rate on the loan, he said in an interview published on Tuesday. President Enrique Pena Nieto’s family was also ensnared in the bid scandal after it emerged that his wife was acquiring a multimillion dollar mansion from a subsidiary of Grupo Higa, which was part of a Chinese-led consortium that won the now-shelved .75 billion rail contract.