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Colombia News | Colombia Reports
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News

DMG director may go free

by Adriaan Alsema November 26, 2008

Colombia’s chief prosecutor Mario Iguarán is willing to suspend
investigations into David Murcia if the DMG director returns the money
invested by poor Colombians, tells who laundered money in the company
and promises not to be criminally active again.

Iguarán told Caracol radio he prefers the compensations of the people who invested money in the company than the punishment of the DMG director.

Hundreds of thousands of Colombians are estimated to have lost their savings after the government shut down the company  and arrested all its executives.

Mayors of southern Colombian towns have asked the national government to declare a state of economic emergency and say the economy in the south is collapsing. Several people have committed suicide after their savings gone up in smoke, shops were forced to close and even state oil company Ecopetrol shut down activities in the department because of unrest.

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