NEW YORK - US authorities said on Friday they were seeking a court order requiring Mexican drug lord Joaquin"El Chapo" Guzman to forfeit US$12.7 billion following his conviction for racketeering and drug trafficking crimes earlier this year.
It was not immediately clear what assets, if any, the United States could seize to satisfy the judgment. A spokesman for the prosecutors declined to comment. Guzman, 62, was convicted on Feb 12 on all 10 counts he faced, after jurors heard evidence from more than 50 prosecution witnesses, offering an unprecedented look at the inner workings of his Sinaloa Cartel. He faces life in prison at his scheduled July 17 sentencing.