Colombia finance minister resigns amid corruption probe

  • 📰 FT
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Ricardo Bonilla, the second person to hold the post under President Gustavo Petro, will be replaced by his deputy

Colombia’s finance minister Ricardo Bonilla stepped down on Wednesday amid a widening corruption scandal that is threatening to derail the leftist government’s reform agenda. Bonilla, a long-term ally of leftist President Gustavo Petro, had become embroiled in a probe by the attorney-general’s office into the alleged misuse of funds from the country’s disaster risk agency.

Petro’s second interior minister, Luis Fernando Velasco, has testified before the supreme court as part of the probe. The probe into the disaster risk agency comes amid a parallel investigation into the Petro campaign’s finances ahead of the 2022 election that he has characterised as a “coup” attempt by elites.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 113. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines