Thursday, March 28, 2024

Logo Central America Link

Colombia investigating 12 companies for foreign kickbacks

Tuesday, May 8, 2018


Colombia’s trade watchdog is investigating 12 companies for allegedly bribing foreign public officials, according to newspaper El Tiempo.

While a dozen organizations are under investigation, the spotlight has been shone on Colombian agricultural company, Vram Holding, for its role in a $6 million contract to construct a baseball stadium in Venezuela and the movement of money through Panama and Hong Kong.

Source: Colombia Reports