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Colombia gives citizens illegally obtained assets from drug traffickers

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2022-09-04-Colombia gives citizens illegally obtained assets from drug traffickers

Colombia will return property seized from drug gangs to the people. President Gustavo Petro indicates that these illegally obtained assets, worth about 22 trillion pesos ($4,9 billion), should benefit the normal citizen.

He mentioned farmers, women's organizations, youth collectives and universities. Initially, these confiscated properties such as houses, farms and much more were sold to victims of drug trafficking to compensate. However, selling these 'contaminated' goods is often a challenge. Buyers fear drug gang relatives showing up or paramilitary leaders returning from serving sentences in the United States.

End of the war on drugs

“We must ensure that illegally acquired assets go to the Colombian people. Petro said this at an event to mark the appointment of officials, including the new head of the country's anti-money laundering unit.
Petro, who was elected in June, has promised ambitious social programs that he says will start the war on drugs and injustice in the country.

Source: www.reuters.com (EN)

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