Colombia seizes assets of firm behind disastrous dam project
Colombia seizes assets of firm behind disastrous dam project April 22, 2021 Colombia’s Comptroller Generals on Monday ordered to seize an engineering firm whose “visionary” late founder conceived the disastrous Hidroituango hydroelectric dam. The Comptroller General ordered to seize 13 bank accounts and 12 real estate properties of Integral SA, which designed the Hidroituango dam that nearly collapsed in 2018, months before completion. Another dynasty in ruins According to the fiscal watchdog, the government contractors will have to pay $1.7 billion (COP4.2 trillion) for the disastrous ...
Source: colombiareports.com