Updated

Mexico's president has apologized for a 2014 scandal involving a $7 million mansion his wife bought from a firm that won lucrative contracts with his administration.

President Enrique Peña Nieto had reacted crossly at the time to those who criticized the purchase. First Lady Angélica Rivera later returned the mansion, which she had been buying in installments. She claimed she was using money she earned during her career as an actress.

But on Monday, Peña Nieto said he understood why Mexicans would be angry about the apparent conflict of interest.

Peña Nieto said he was deeply sorry and asked Mexicans for their forgiveness.

Speaking at the presentation of a new anti-corruption law, Peña Nieto offered "my profound and sincere apology for the offense and indignation I caused."

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