Colombia Corruption: After Progress, Fresh Doubts

Colombia stepped up its local anti-corruption efforts in 2022.

BY JOACHIM BAMRUD

After making noticeable progress in anti-corruption efforts last year, Colombia now faces uncertainty due to a new administration led by President Gustavo Petro, experts say.

“[The] Petro Administration in Colombia is less committed to corruption and bribery enforcement,” says Matteson Ellis, Member of Miller & Chevalier and author of The FCPA in Latin America.

Although Petro vowed to fight corruption as part of his campaign, it is not yet clear how this promise will translate into enforcement and there is  great uncertainty as to whether whether the United States and Colombia will continue to enjoy what traditionally had been close government-to-government cooperation, points out Ruti Smithline, Co-Chair of Investigations + White Collar Criminal Defense Group and Co-Chair of Latin America Desk at Morrison & Foerster.

Petro, elected president in June 2022, also announced ...

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Keywords: Chile, Colombia, Corruption, Ecuador, FCPA, Guatemala, Miller & Chevalier, Morrison & Foerster, Paraguay, Peru, Quinn Emanuel, Uruguay, Venezuela