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News

‘DMG executives agree to plead guilty’

by Adriaan Alsema January 9, 2009
834

While DMG director David Murcia stubbornly refuses any collaboration
with justice, his fellow executives Daniel Ángel Rueda and Margarita
Pabón are working out deals with the Prosecution, the latter says.

Murcia and his accomplices were arrested after the government decided to shut down the suspected money laundered and pyramid scheme. Murcia demands his business to be reopened and refuses any collaboration, but his executives Rueda and Pabón , says the Prosecutor General’s office, have now reached a deal to admit guilt and collaborate with justice in exchange for reduced sentences.

The two executives would be willing to plead guilty to money laundering and receive a reduction of one third of the penalty. The penalty for money laundering in Colombia, depending on the judge is six to fifteen years imprisonment.

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Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion