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Colombia's top bankers could face 4 years in prison, but evidence of tax evasion ignored

February 1, 2021 The estimated net worth of Colombia’s richest men is much higher than what anyone allegedly reported to tax authority DIAN without this spurring an investigation. Questioning the wealth of billionaires Luis Carlos Sarmiento, Jaime Gilinski and Carlos Ardila is apparently as taboo as investigating evidence of previous allegation of criminal an terrorist activity. A 2019 book, Dynamics of Inequality in Colombia, inadvertently gave every reason to investigate the billionaires when it revealed that no Colombian had reported a fortune higher than $1.5 billion to the DIAN in 2017. Billionaires’ estimated wealth and highest net worth reported to tax office This came nowhere near the net worth of Colombia’s richest men estimated that year by Forbes, which estimated Sarmiento’s net worth at $12 billion that year.

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The 5 Latin American countries with the most billionaires

The 5 Latin American countries with the most billionaires The largest number of billionaires in the region reside in these Latin American countries. These are some of the billionaires who live in the most populated cities in Latin America. / Photo: Flickr-Edans, Yahoo LatinAmerican Post | Juan Manuel Bacallado Listen to this article According to the latest report by Forbes, a medium specialized in financial matters, in 2020 a total of 2,095 billionaires were registered worldwide, where the pandemic did not go unnoticed since 226 people left the list and 51% of those present have less money than the previous year. As for the countries where these people reside, the United States is the place with the most billionaires as in the other years, with 614 rich people living in this country, China is the second with 456 (including Hong Kong and Macao), both have a notable difference with the third place, which is Germany with 107.

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Colombia's government and corporate allies embark on propaganda campaign

January 22, 2021 Media close to Colombia’s President Ivan Duque have been reporting on possibly fabricated intelligence reports that could be part of illegal attempts to criminalize government critics. Multiple government-loyal news outlets have recently published and broadcast reports about multiple “intelligence reports” they received from the government that are not corroborated by any evidence. The subsequent media reports echo President Ivan Duque’s unsubstantiated terrorism support claims against the governments of Cuba and Venezuela, repeat claims government critics would receive foreign support and would bolster chances of Duque’s far-right Democratic Center party in the 2022 elections. One of the reported intelligence files repeats debunked claims that anti-government protests in 2019 were infiltrated by Venezuelans while another could see Colombian refugees from Venezuela be stripped of their right to vote.

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Colombia's Attorney General's Office is being devoured by corruption

URL copied to clipboard In order for corruption to develop in a country without any major resistance from the highest levels of the State and politics, the State s judicial investigative bodies must be grabbed by the same criminal associations that steal from it. For the country to be devoured by corruption, it has to devour justice. In Colombia, this process took place, on a large scale, in the Office of the Attorney General of the Nation, an institution created by the 1991 Constitution. Under the excuse of gaining instruments against crime, large international agencies advised it in the fight against drug trafficking and pumped in it with considerable resources.

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