Colombian politician Fajardo to face embezzlement charges before Supreme Court
August 27, 2021
9:34 AM CDT
Last Updated 3 hours ago
Americas
Reuters
2 minute read
Presidential candidate Sergio Fajardo walks with his wife Ana Lucrecia Ramirez as Colombians vote for a
new president in Medellin, Colombia, May 27, 2018. REUTERS/Fredy Builes
BOGOTA, Aug 27 (Reuters) - Colombian politician and 2022 presidential hopeful Sergio Fajardo will face embezzlement charges in front of the Supreme Court, the attorney general's office said on Friday, as it formally charged him before the tribunal over a loan deal.
Fajardo, is accused of unduly allowing a $98 million loan contract for Antioquia province, where he was governor between 2012 and 2015, to be denominated in dollars, to the benefit of third parties involved in the transaction.
. . .
The $98 million sum is significantly higher than a $77 million value cited by prosecutors in March. Friday's statement did not explain the discrepancy and the office did not immediately respond to a request for comment.
"Finally the attorney general's office attended to our repeated request to respect a reasonable time frame and proceed, after a five year process, to accuse me before the Supreme Court of Justice," Fajardo said on Twitter early on Friday. "I acted correctly and I will demonstrate it."
More:
https://www.reuters.com/world/americas/colombian-politician-fajardo-face-embezzlement-charges-before-supreme-court-2021-08-27/?rpc=401&