IBOV 175,707.73 ▼ 0.53% IPSA 10,945.86 ▼ 0.71% IPC MEX 66,529.27 ▲ 0.85% MERVAL 3,251,266 ▲ 0.68% COLCAP 2,294.60 ▼ 0.18% BVL PERÚ 57,174.37 — — USD/BRL5.07▲ 0.05% USD/MXN17.37▼ 0.34% USD/CLP923.04▼ 0.38% USD/COP3,222▼ 0.43% USD/PEN3.38▼ 0.24% USD/ARS1,476▲ 0.34% USD/UYU40.15▲ 1.04% USD/PYG6,039▲ 1.28% USD/BOB10.65▲ 5.99% USD/DOP58.36▲ 0.10% USD/CRC447.49▲ 0.88% USD/GTQ7.62▲ 2.09% USD/HNL26.73▼ 0.01% USD/NIO36.62▲ 0.31% USD/VES723.93▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 0.12% USD/TTD6.76▲ 1.32% EUR/BRL5.82▼ 0.63% BRENT 84.23 ▼ 0.59% WTI 78.94 ▼ 0.50% IRON ORE 161.91 — — COPPER 6.36 ▲ 0.47% GOLD 4,057 ▼ 0.11% SILVER 57.62 ▼ 1.96% SOY 1,201 ▼ 0.50% CORN 470.75 ▲ 8.53% WHEAT 681.00 ▲ 7.88% COFFEE 324.50 ▼ 3.77% SUGAR 14.86 ▼ 0.13% ORANGE JUICE 136.95 ▼ 2.35% COTTON 82.13 ▲ 3.18% COCOA 5,914 ▲ 4.49% BEEF 230.18 ▼ 0.54% CATTLE 344.15 ▼ 1.33% LITHIUM 70.90 ▼ 0.96% PETR4 40.42 ▼ 0.59% VALE3 74.43 ▲ 0.57% ITUB4 43.08 ▼ 1.26% BBDC4 18.57 ▼ 0.32% ABEV3 15.55 ▼ 1.64% BBAS3 20.60 ▲ 0.05% B3SA3 15.70 ▲ 2.41% WEGE3 43.85 ▼ 0.79% PRIO3 57.32 ▼ 0.43% SUZB3 41.43 ▲ 0.78% RENT3 40.27 ▼ 0.67% AZZA3 18.72 ▼ 0.69% CSAN3 3.84 ▼ 1.29% RAIZ4 0.30 ▼ 3.23% PCAR3 2.46 ▲ 0.41% GMAT3 3.96 — 0.00% PSSA3 55.22 ▲ 1.71% CVCB3 1.36 ▼ 1.45% POSI3 3.91 ▼ 2.01% SLCE3 13.46 ▼ 2.53% NATU3 8.64 ▲ 1.05% BRKM5 6.42 ▼ 6.00% RANI3 8.00 ▼ 0.12% CSNA3 5.16 ▼ 0.77% CMIN3 5.17 ▲ 1.37% USIM5 8.11 ▼ 1.46% GGBR4 23.92 ▲ 2.57% ENEV3 27.00 ▼ 0.63% CPFE3 46.79 ▼ 0.87% CMIG4 11.16 ▼ 0.36% EQTL3 40.40 ▼ 1.34% LREN3 14.11 ▼ 1.26% VIVT3 35.51 ▼ 0.03% RAIL3 13.99 ▼ 0.99% KLABIN 17.35 ▲ 0.17% RAIA DROGASIL 18.62 ▲ 0.11% RDOR3 35.97 ▼ 0.22% HAPV3 10.91 ▼ 2.50% FLRY3 16.43 ▲ 0.12% SMTO3 15.45 ▼ 4.16% UGPA3 30.57 ▲ 1.53% VBBR3 33.41 ▲ 0.33% BBSE3 40.54 ▲ 0.37% BPAC11 56.94 ▼ 1.74% CURY3 33.02 ▼ 1.70% AERI3 2.03 ▼ 1.93% VIVARA 23.32 ▼ 0.47% COMPASS 24.98 ▼ 0.87% VAMOS 3.09 ▼ 1.90% SANB11 27.14 ▼ 0.73% ASAI3 8.70 ▲ 0.46% SBSP3 29.95 ▼ 1.29% WALMEX 49.74 ▲ 0.95% GMEXICO 200.12 ▲ 0.28% FEMSA 224.20 ▼ 2.23% CEMEX 22.61 ▲ 1.85% GFNORTE 184.83 ▼ 0.73% BIMBO 57.46 ▲ 1.95% TELEVISA 9.57 ▲ 0.42% AMX 22.69 ▼ 0.70% GAP 396.28 ▲ 0.26% ASUR 282.53 ▲ 2.51% OMA 235.12 ▲ 0.04% KOF 176.21 ▼ 2.05% GRUMA 280.05 ▲ 0.23% KIMBER 38.70 ▲ 0.68% SQM-B 65,700 ▼ 3.24% COPEC 6,207 ▼ 0.06% BSANTANDER 77.13 ▼ 1.92% FALABELLA 5,903 ▲ 0.48% ENELAM 85.05 ▼ 0.82% CENCOSUD 2,020 ▼ 0.98% CMPC 1,088 ▼ 1.37% BANCO CHILE 187.10 ▼ 1.27% LATAM AIR 25.18 ▲ 1.12% YPF 77,650 ▼ 0.16% GGAL 8,135 ▲ 2.84% PAMPA 5,175 ▼ 1.05% TXAR 667.00 ▲ 0.76% ALUAR 957.00 ▲ 0.84% TGS 9,710 — 0.00% CEPU 2,325 ▼ 0.09% MIRGOR 16,800 ▲ 0.30% COME 45.67 ▼ 0.17% LOMA NEGRA 3,565 ▲ 0.92% BYMA 302.00 ▲ 0.33% TELECOM ARG 4,328 ▼ 0.12% ECOPETROL 16.06 ▼ 0.65% BANCOLOMBIA 81.87 ▼ 0.28% GRUPO AVAL 5.00 ▲ 1.01% CREDICORP 396.48 ▲ 1.08% SOUTHERN COPPER 179.22 ▼ 1.73% BUENAVENTURA 30.63 ▼ 1.29% MERCADOLIBRE 1,844 ▼ 1.59% NUBANK 14.09 ▲ 0.68% XP 17.00 ▲ 0.77% PAGSEGURO 9.21 ▼ 0.81% STONE 11.27 ▼ 0.27% GLOBANT 31.92 ▲ 3.22% TECNOGLASS 45.13 ▲ 2.02% GAP AIRPORT 228.30 ▲ 1.04% ASUR 282.53 ▲ 2.51% OMA AIRPORT 108.09 ▲ 0.42% AMX ADR 26.04 ▼ 0.55% FEMSA ADR 128.90 ▼ 3.21% CEMEX ADR 13.04 ▲ 1.84% PETROBRAS ADR 17.74 ▼ 1.01% VALE ADR 14.64 ▲ 0.34% ITAU ADR 8.48 ▼ 0.82% SANTANDER BR 5.38 ▼ 0.28% AMBEV ADR 3.03 ▼ 1.94% CSN 1.02 ▼ 0.97% GERDAU 4.74 ▲ 2.71% LATAM ADR 54.83 ▲ 2.47% BTC 65,010 ▲ 0.08% ETH 1,922 ▲ 1.70% SOL 77.71 ▼ 0.07% XRP 1.12 ▲ 0.37% BNB 579.24 ▼ 0.43% ADA 0.16 ▼ 0.32% DOGE 0.07 ▼ 0.59% AVAX 6.71 ▲ 0.19% LINK 8.52 ▲ 2.22% DOT 0.85 ▼ 0.09% LTC 45.19 ▼ 0.54% BCH 225.78 ▼ 4.53% TRX 0.32 ▼ 0.41% XLM 0.19 ▲ 1.77% HBAR 0.07 ▲ 0.23% NEAR 2.07 ▲ 3.03% ATOM 1.56 ▼ 0.06% AAVE 96.46 ▼ 2.45% SELIC 14.25% EMBRAER 81.35 ▼ 1.38% EMBRAER ADR 63.98 ▼ 1.43% JBS 12.05 ▲ 1.86% JBS BDR 61.39 ▲ 2.74% MBRF3 15.23 ▼ 5.34% MBRFY 3.02 ▼ 3.82% INTER 5.64 ▼ 1.05% IBOV 175,707.73 ▼ 0.53% IPSA 10,945.86 ▼ 0.71% IPC MEX 66,529.27 ▲ 0.85% MERVAL 3,251,266 ▲ 0.68% COLCAP 2,294.60 ▼ 0.18% BVL PERÚ 57,174.37 — — USD/BRL 5.07 ▲ 0.05% USD/MXN 17.37 ▼ 0.34% USD/CLP 923.04 ▼ 0.38% USD/COP 3,222 ▼ 0.43% USD/PEN 3.38 ▼ 0.24% USD/ARS 1,476 ▲ 0.34% USD/UYU 40.15 ▲ 1.04% USD/PYG 6,039 ▲ 1.28% USD/BOB 10.65 ▲ 5.99% USD/DOP 58.36 ▲ 0.10% USD/CRC 447.49 ▲ 0.88% USD/GTQ 7.62 ▲ 2.09% USD/HNL 26.73 ▼ 0.01% USD/NIO 36.62 ▲ 0.31% USD/VES 723.93 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.12% USD/TTD 6.76 ▲ 1.32% EUR/BRL 5.82 ▼ 0.63% BRENT 84.23 ▼ 0.59% WTI 78.94 ▼ 0.50% IRON ORE 161.91 — — COPPER 6.36 ▲ 0.47% GOLD 4,057 ▼ 0.11% SILVER 57.62 ▼ 1.96% SOY 1,201 ▼ 0.50% CORN 470.75 ▲ 8.53% WHEAT 681.00 ▲ 7.88% COFFEE 324.50 ▼ 3.77% SUGAR 14.86 ▼ 0.13% ORANGE JUICE 136.95 ▼ 2.35% COTTON 82.13 ▲ 3.18% COCOA 5,914 ▲ 4.49% BEEF 230.18 ▼ 0.54% CATTLE 344.15 ▼ 1.33% LITHIUM 70.90 ▼ 0.96% PETR4 40.42 ▼ 0.59% VALE3 74.43 ▲ 0.57% ITUB4 43.08 ▼ 1.26% BBDC4 18.57 ▼ 0.32% ABEV3 15.55 ▼ 1.64% BBAS3 20.60 ▲ 0.05% B3SA3 15.70 ▲ 2.41% WEGE3 43.85 ▼ 0.79% PRIO3 57.32 ▼ 0.43% SUZB3 41.43 ▲ 0.78% RENT3 40.27 ▼ 0.67% AZZA3 18.72 ▼ 0.69% CSAN3 3.84 ▼ 1.29% RAIZ4 0.30 ▼ 3.23% PCAR3 2.46 ▲ 0.41% GMAT3 3.96 — 0.00% PSSA3 55.22 ▲ 1.71% CVCB3 1.36 ▼ 1.45% POSI3 3.91 ▼ 2.01% SLCE3 13.46 ▼ 2.53% NATU3 8.64 ▲ 1.05% BRKM5 6.42 ▼ 6.00% RANI3 8.00 ▼ 0.12% CSNA3 5.16 ▼ 0.77% CMIN3 5.17 ▲ 1.37% USIM5 8.11 ▼ 1.46% GGBR4 23.92 ▲ 2.57% ENEV3 27.00 ▼ 0.63% CPFE3 46.79 ▼ 0.87% CMIG4 11.16 ▼ 0.36% EQTL3 40.40 ▼ 1.34% LREN3 14.11 ▼ 1.26% VIVT3 35.51 ▼ 0.03% RAIL3 13.99 ▼ 0.99% KLABIN 17.35 ▲ 0.17% RAIA DROGASIL 18.62 ▲ 0.11% RDOR3 35.97 ▼ 0.22% HAPV3 10.91 ▼ 2.50% FLRY3 16.43 ▲ 0.12% SMTO3 15.45 ▼ 4.16% UGPA3 30.57 ▲ 1.53% VBBR3 33.41 ▲ 0.33% BBSE3 40.54 ▲ 0.37% BPAC11 56.94 ▼ 1.74% CURY3 33.02 ▼ 1.70% AERI3 2.03 ▼ 1.93% VIVARA 23.32 ▼ 0.47% COMPASS 24.98 ▼ 0.87% VAMOS 3.09 ▼ 1.90% SANB11 27.14 ▼ 0.73% ASAI3 8.70 ▲ 0.46% SBSP3 29.95 ▼ 1.29% WALMEX 49.74 ▲ 0.95% GMEXICO 200.12 ▲ 0.28% FEMSA 224.20 ▼ 2.23% CEMEX 22.61 ▲ 1.85% GFNORTE 184.83 ▼ 0.73% BIMBO 57.46 ▲ 1.95% TELEVISA 9.57 ▲ 0.42% AMX 22.69 ▼ 0.70% GAP 396.28 ▲ 0.26% ASUR 282.53 ▲ 2.51% OMA 235.12 ▲ 0.04% KOF 176.21 ▼ 2.05% GRUMA 280.05 ▲ 0.23% KIMBER 38.70 ▲ 0.68% SQM-B 65,700 ▼ 3.24% COPEC 6,207 ▼ 0.06% BSANTANDER 77.13 ▼ 1.92% FALABELLA 5,903 ▲ 0.48% ENELAM 85.05 ▼ 0.82% CENCOSUD 2,020 ▼ 0.98% CMPC 1,088 ▼ 1.37% BANCO CHILE 187.10 ▼ 1.27% LATAM AIR 25.18 ▲ 1.12% YPF 77,650 ▼ 0.16% GGAL 8,135 ▲ 2.84% PAMPA 5,175 ▼ 1.05% TXAR 667.00 ▲ 0.76% ALUAR 957.00 ▲ 0.84% TGS 9,710 — 0.00% CEPU 2,325 ▼ 0.09% MIRGOR 16,800 ▲ 0.30% COME 45.67 ▼ 0.17% LOMA NEGRA 3,565 ▲ 0.92% BYMA 302.00 ▲ 0.33% TELECOM ARG 4,328 ▼ 0.12% ECOPETROL 16.06 ▼ 0.65% BANCOLOMBIA 81.87 ▼ 0.28% GRUPO AVAL 5.00 ▲ 1.01% CREDICORP 396.48 ▲ 1.08% SOUTHERN COPPER 179.22 ▼ 1.73% BUENAVENTURA 30.63 ▼ 1.29% MERCADOLIBRE 1,844 ▼ 1.59% NUBANK 14.09 ▲ 0.68% XP 17.00 ▲ 0.77% PAGSEGURO 9.21 ▼ 0.81% STONE 11.27 ▼ 0.27% GLOBANT 31.92 ▲ 3.22% TECNOGLASS 45.13 ▲ 2.02% GAP AIRPORT 228.30 ▲ 1.04% ASUR 282.53 ▲ 2.51% OMA AIRPORT 108.09 ▲ 0.42% AMX ADR 26.04 ▼ 0.55% FEMSA ADR 128.90 ▼ 3.21% CEMEX ADR 13.04 ▲ 1.84% PETROBRAS ADR 17.74 ▼ 1.01% VALE ADR 14.64 ▲ 0.34% ITAU ADR 8.48 ▼ 0.82% SANTANDER BR 5.38 ▼ 0.28% AMBEV ADR 3.03 ▼ 1.94% CSN 1.02 ▼ 0.97% GERDAU 4.74 ▲ 2.71% LATAM ADR 54.83 ▲ 2.47% BTC 65,010 ▲ 0.08% ETH 1,922 ▲ 1.70% SOL 77.71 ▼ 0.07% XRP 1.12 ▲ 0.37% BNB 579.24 ▼ 0.43% ADA 0.16 ▼ 0.32% DOGE 0.07 ▼ 0.59% AVAX 6.71 ▲ 0.19% LINK 8.52 ▲ 2.22% DOT 0.85 ▼ 0.09% LTC 45.19 ▼ 0.54% BCH 225.78 ▼ 4.53% TRX 0.32 ▼ 0.41% XLM 0.19 ▲ 1.77% HBAR 0.07 ▲ 0.23% NEAR 2.07 ▲ 3.03% ATOM 1.56 ▼ 0.06% AAVE 96.46 ▼ 2.45% SELIC 14.25% EMBRAER 81.35 ▼ 1.38% EMBRAER ADR 63.98 ▼ 1.43% JBS 12.05 ▲ 1.86% JBS BDR 61.39 ▲ 2.74% MBRF3 15.23 ▼ 5.34% MBRFY 3.02 ▼ 3.82% INTER 5.64 ▼ 1.05%
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Colombia Latin America

Colombian Minister resigns after corruption case involving multi-million dollar deal

By · September 10, 2021 · 3 min read

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RIO DE JANEIRO, BRAZIL – Colombian Minister of Information and Communication Technologies (ICT) Karen Abudinen resigned on Thursday (9) after a corruption scandal linked to alleged irregularities in a multimillion deal to connect over 7,000 rural schools to the Internet.

“Mr. President, I respectfully present to you my unconditional resignation as Minister of Information Technologies and Communications,” the Minister yesterday wrote in a letter addressed to Colombian President Iván Duque.

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Last Monday, the Prosecutor’s Office announced a disciplinary investigation into Abudinen to determine her responsibility in the irregularities reported in the pre-contractual stage of the public tender called “Digital Centers,” as well as in the signing and execution of the contract entered into with the Temporary Union of Town Centers of Colombia.

Colombian Minister of Information and Communication Technologies (ICT) Karen Abudinen. (Photo internet reproduction)
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Abudinen yesterday assured that she acted “with honesty and transparency” and reiterated that she was the one who denounced the corruption of those who “defrauded society.”

“I am convinced that once the disruption unleashed by this crisis is overcome, Colombian society will have sufficient elements to allow them to see the real culprits,” she said in her statement.

CONTROVERSIAL CONTRACT

To start implementing the contract, for a total amount of over 1 billion pesos (US$263 million), the government granted Centros Poblados, one of the two contractors, an advance payment of 70 million pesos.

However, local media such as W Radio disclosed that the contractor, which had no experience or ability to comply with the agreement, presented 3 fake bank guarantees in the bidding process and after receiving the advance payment, hardly any progress has been made in the execution of the contract.

As a result, the Minister last Friday underwent a censure motion in the Chamber of Deputies, called by opposition legislators who demanded her resignation.

They argued in the session that even if Abudinen had no part in the “network” of Centros Poblados, she at least was guilty of negligence as she was unable to comply with one of her duties, which is to “protect public funds.”

Once the scandal broke out, the Ministry of Communications and Information Technology (MinTIC) declared the expiration of the contract last August, for which the contractor was fined 39.015 billion pesos.

Abudinen said last August 24 that the digital centers project will now be developed with ETB NET Colombia Conectada, a joint venture between ETB and Skynet, part of the original bidding.

Likewise, the Minister assured that the government is recovering the advance payment money that, according to information last week, is allegedly in accounts not only in Colombia but also in the United States.

DUQUE’S DEFENSE

President Duque fiercely defended the Minister, despite the adverse effect the corruption scandal has had on his government and his party, the right-wing Centro Democrático, with less than 9 months to go before the 2022 presidential elections.

“Minister Karen Abudinen is an honorable woman, a hard-working woman and a woman who has always had as her banner integrity and great executive capacity in the public sector, and she has proven it,” Duque had said in a radio interview.

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