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News

Assets seized from ex-Antioquia governors

by Kathryn Thompson April 21, 2011

Colombia news - Anibal Gaviria

Authorities have ordered the seizure of assets belonging to the former Antioquia governor among other officials, for their decision to refinance the indebted Antioquia Livestock Fund, reported El Colombiano on Thursday.

The Antioquia Comptroller made the decision against former vice-Presidential candidate, Anibal Gaviria Correa and current Senator Eugenio Prieto Soto, over the decision by a board of directors to refinance the Livestock Fund with $6.7 million to pay off bank debts in 2005.

Gaviria reacted to the decision, saying it is a blatant abuse of power by the comptroller in an irregular and illegal manner. He added that there is no evidence or hard facts to warrant the comptroller’s decision, therefore, he will put in a criminal complaint against the official.

Gaviria, who is currently a candidate for the position of Mayor of Medellin, said the order will not affect his daily life, but it will tarnish his name and reputation.

The comptroller also ordered the seizure of assets belonging to then-board members, former manager of Reforestadora Industrial, Gonzalo Bernal and former secretary of agriculture for Antioquia, Sergio Trujillo.

Antioquiadebt

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