Six soldiers killed in southern Colombia guerrilla attack
Colombia farmers accused of violent crimes over peaceful...
Colombia’s Constitutional Court suspends CNE investigation against Petro
Petro lifts State of Exception in northeast Colombia
Colombia’s former foreign minister lashes out at Petro
Colombia’s government presents questions for labor reform referendum
Colombia plans to spend at least $140M on...
Lucho Herrera, one of Colombia’s most famous cyclists,...
Colombia’s acting trade minister denounced poisoning attempt
Colombia mourns death of Pope Francis
  • About
  • Support
  • Newsletter
  • Contact
Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion
News

“Pyramid crisis worst in the history of Colombia”

by Adriaan Alsema November 27, 2008
1.6K

Colombia’s Attorney General says the collapse of the DRFE pyramid
scheme and the closing of suspected money launderer DMG led to an
unprecedented economic crisis and needs time and State funds to be
solved.

“This is an issue with no precedents, corrupting a large part of society that it needs time and probably funds by the State itself,” Edgardo Maya Vilazón told Caracol Radio.

The Attorney General hopes to know as soon as possible what problems victims of the crisis encounter so that they can be considered when looking for a solution for the crisis.

The shutting down of DMG and the collapse of DRFE left hundreds of thousands of mostly poor Colombians without savings. The crisis has resulted in riots in several parts of the country. Some mayors call on the national government to declare an economic emergency saying local economies are collapsing.

Contribute

For patrons

Downloads for patrons

  • Twitter
  • Email
  • Rss

@2008-2019 - Colombia Reports. All Rights Reserved.
Powered by Digitale Zaken and Parrolabs


Back To Top
Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion
  • Twitter
  • Email
  • Rss

@2008-2019 - Colombia Reports. All Rights Reserved.
Powered by Digitale Zaken and Parrolabs


Back To Top

Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion