Eleven former officials of Colombian football club Deportivo Independiente Medellin were charged Tuesday with using it to launder drug money.
Among those charged were Rodrigo Tamayo, club president in 1998-2000 and 2004, Tayamo’s wife, Dolly Cardenas, and two other former club presidents, Mario de J. Valderrama and Luis Fernando Jimenez. Conviction carries a prison term of six to 15 years.
Juan Bautista Avalos Salgar, the club’s former auditor, estimated Tamayo laundered US$4.6 million during his terms as president.
