Index Investing News
Wednesday, March 25, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Son of Colombia’s president freed while he is investigated for illicit enrichment, money laundering

by Index Investing News
August 5, 2023
in World
Reading Time: 3 mins read
A A
0
Home World
Share on FacebookShare on Twitter


A judge in Colombia has ordered President Gustavo Petro’s son freed from detention while he is investigated on allegations of illicit enrichment and money laundering

FILE – Presidential candidate Gustavo Petro, center, waves to supporters alongside his son Nicolas Petro Burgos, right, on election night in Bogota, Colombia, Sunday, May 29, 2022. Colombian police arrested Petro’s son Saturday, July 29, 2023, as part of a high-profile money laundering probe into funds he allegedly collected from convicted drug traffickers during last year’s presidential campaign. (AP Photo/Fernando Vergara, File)

The Associated Press

BOGOTA, Colombia — A Colombian judge on Friday night ordered President Gustavo Petro’s son freed from detention while he is investigated on allegations of illicit enrichment and money laundering.

Nicolás Petro was arrested early Saturday, and this week was charged with the two crimes. He agreed to cooperate in the probe, and prosecutors said he acknowledged Thursday that his father’s 2022 election campaign received money of dubious origin.

Mario Andrés Burgos, the prosecutor in charge of the case, said Nicolás Petro assured that he would deliver audios and documents to corroborate that part of the money given to him ended up financing his father’s candidacy.

The Attorney General’s Office presented evidence that it said shows the younger Petro received money illicitly.

But the judge said prosecutors did not substantiate the need to keep the president’s son in detention or under house arrest. He was ordered released under the condition that he not leave Colombia or participate in political activities.

Nicolás Petro is a legislator for the northern coastal region of Atlántico, but has said he will resign the seat.

Burgos has said the younger Petro revealed that unjustified increases detected in his assets came from two individuals being questioned by Colombian authorities. The money went partly into the son’s own accounts and partly into the campaign that made his father Colombia’s first elected leftist president, the prosecutor said.

On Tuesday, when he was charged, prosecutors said the younger Petro took thousands of dollars from drug traffickers and used it to buy luxurious homes and expensive cars. Nicolás Petro, 36, pleaded innocent to the charges, but agreed to cooperate with authorities.

The case has come at a time when Colombia’s president is losing popularity and has been exposed to attacks by opposition parties, which have become increasingly reluctant to cooperate with his legislative agenda.

The president has said he would not interfere with the investigation, and wrote a message on X, the platform formerly known as Twitter, in which he said he hoped his son would “reflect on his mistakes.”


ABC News




Source link

Tags: ColombiasenrichmentFreedIllicitinvestigatedLaunderingMoneyPresidentSon
ShareTweetShareShare
Previous Post

Overall standings, overview, and more

Next Post

How to Grow Your Rental Portfolio EVEN Faster

Related Posts

Oriental turtle dove from east Asia turns up in Ireland — Earth Changes — Sott.net

Oriental turtle dove from east Asia turns up in Ireland — Earth Changes — Sott.net

by Index Investing News
March 24, 2026
0

© Richard CavesOriental Turtle Dove, Lisburn, Antrim.The head of communications and development at Birdwatch Ireland has said the rare oriental...

US Fitness app exposes location of French aircraft carrier — RT World News

US Fitness app exposes location of French aircraft carrier — RT World News

by Index Investing News
March 20, 2026
0

Le Monde traced the 262-meter warship using satellite imagery guided by fitness app data A French Navy officer using a...

Why Hitler still finds admirers in Pakistan

Why Hitler still finds admirers in Pakistan

by Index Investing News
March 16, 2026
0

Admiration for Adolf Hitler should be morally unthinkable anywhere. Yet in parts of Pakistan, his name still surfaces in conversations...

Three Potential Succession Scenarios for Russia’s Modern Tsar – The Cipher Brief

Three Potential Succession Scenarios for Russia’s Modern Tsar – The Cipher Brief

by Index Investing News
March 12, 2026
0

The short answer is that a popular uprising in Russia is still highly unlikely. The FSB and other Russian security...

Lebanon ‘dragged back into turmoil’, UN envoy warns — Global Issues

Lebanon ‘dragged back into turmoil’, UN envoy warns — Global Issues

by Index Investing News
March 8, 2026
0

Just a week ago, Lebanon had been “in relatively good shape”, Jeanine Hennis‑Plasschaert, the UN Special Coordinator for Lebanon, said...

Next Post
How to Grow Your Rental Portfolio EVEN Faster

How to Grow Your Rental Portfolio EVEN Faster

Former Pakistan PM Imran Khan handed three-year jail sentence over corruption charges

Former Pakistan PM Imran Khan handed three-year jail sentence over corruption charges

RECOMMENDED

Brothers Mathieu, Pierre-Olivier Joseph couldn’t go up ‘dream’ to play along with Blues

Brothers Mathieu, Pierre-Olivier Joseph couldn’t go up ‘dream’ to play along with Blues

July 30, 2024
Born Again series in major role

Born Again series in major role

December 2, 2022
Newcastle: Wilson the real hero vs Fulham

Newcastle: Wilson the real hero vs Fulham

January 15, 2023
Katy Perry Claimed That The Eye-Glitch That Made The Rounds Was An Act

Katy Perry Claimed That The Eye-Glitch That Made The Rounds Was An Act

October 28, 2022
Musk joined Trump’s name with Ukraine’s Zelenskiy, media reviews say By Reuters

Musk joined Trump’s name with Ukraine’s Zelenskiy, media reviews say By Reuters

November 8, 2024
Ofgem tells energy suppliers to put financial stability before dividends

Ofgem tells energy suppliers to put financial stability before dividends

July 3, 2023
Monetary Merchandise Information #2025 – 64 Nasdaq to Terminate Indexes Efficient After the Shut of Enterprise on Friday, December 26, 2025

Monetary Merchandise Information #2025 – 64 Nasdaq to Terminate Indexes Efficient After the Shut of Enterprise on Friday, December 26, 2025

December 2, 2025
I, Pothole – Econlib

I, Pothole – Econlib

October 3, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In