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LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

August 21, 2023

Will a Financing Scandal Sink Colombia’s Petro?

Colombian President Gustavo Petro’s son said his father’s campaign received money of illicit origin, according to prosecutors. The president has denied wrongdoing. // File Photo: Colombian Government.

Q

A

Maria Velez de Berliner, chief strategy officer at RTG-Red Team Group, Inc.: “The political and legislative damage to Petro’s presidency is done. The accusations by Nicolás Petro, Armando Benedetti and Day Vásquez must be proven beyond a reasonable doubt by the Commission on Investigations and Accusations of Colombia’s House of Representatives, the sole entity charged with investigating a seated president. It seems doubtful today that the commission will refer its findings to a full trial before Colombia’s Senate that might result in Petro’s removal, were he found guilty. If Petro wishes to salvage his reputation, he needs to: 1.) Recognize he lacks the legislative and judicial majorities needed to turn his agenda into law; 2.) Build a noncontroversial relationship with Senate President Iván Name, who is opposed to passing, as they are, Petro’s key health, pension and labor reforms proposals.; 3.) Create a coalition with…”

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