Colombia: The Office of the Attorney General is preparing to present charges against three individuals involved in the sale of property in Maceo, Antioquia to Cemex for a new cement plant project. They are Edgar Ramirez Martinez, the former deputy director of Planning at Cemex, Camilo Gonzalez Tellez, the former legal director of Cemex Colombia and Eugenio Correa Diaz, the representative of CI Calizas, which sold the property to the cement producer, according to the El Tiempo newspaper.
The former employees of Cemex allegedly paid US$13.7m to Correa, despite being aware of the fact that the property, which formerly belonged to the deceased businessman Jose Aldemar Moncada, was in the process of being expropriated over unpaid taxes. It is also alleged that the funds never reached the accounts of CI Calizas, having been primarily used to pay off debts of Aldemar Moncada.