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LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

December 16, 2182

Will a New Probe Threaten the Gov’t of Colombia’s Petro?

Colombia’s electoral authority announced earlier this month that it was seeking an investigation into alleged campaign finance violations stemming from President Gustavo Petro’s 2022 campaign. // File Photo: Colombian Government.

Q

  • Electoral authorities in Colombia on Oct. 8 requested an investigation into alleged campaign finance violations stemming from the 2022 campaign of President Gustavo Petro. The president has denied the allegations, describing the process as a “coup.” How likely is the investigation to lead to Petro’s removal from office? What does it mean for the president’s political future? What effects has the investigation had on political dynamics within Petro’s governing coalition?

A

Andrés Hernández, executive director of Transparencia por Colombia: “Colombia has a long history of scandals related to presidential campaign financing. However, in recent years, no investigation has advanced as far as the one into President Gustavo Petro’s alleged violation of campaign spending caps. The decision of the National Electoral Council to open a formal investigation for expenses not registered or not allowed in the accounts of the presidential campaign has created a wide legal and political controversy, since, according to the constitution, investigations of the president are at the sole discretion of a commission of the Chamber of Representatives. It is very likely that the legal controversy will be resolved in favor of the president, who, in any case, has favorable forces…”

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The Inter-American Dialogue publishes the Latin America Advisor every business day for a distinguished membership of informed corporate leaders, scholars, and government officials invested in Latin America’s development and future. The Advisor‘s highly regarded Q&A section covers questions submitted by subscribers themselves. Commentators regularly include heads of state, business leaders, diplomats, economists, analysts, and thought leaders from around the world. Many of the world’s largest and fastest-growing companies subscribe to the Advisor. To subscribe, click here. For terms and conditions, click here. For more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.
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