Anti-money laundering group suspends Colombia after President Petro declassifies confidential report
The Egmont Group, an international organization that fights money laundering, said it will suspend Colombia from its global information sharing platform
BOGOTÁ, Colombia (AP) — The Egmont Group, an international organization created to combat money laundering, said Monday that it has suspended Colombia's access to its global information sharing platform, after President Gustavo Petro shared confidential information that Colombian officials had obtained from the group.
The Egmont Group said in a statement that Colombia's government will no longer have access to a secure web used by the group to share data on financial crimes and that can be accessed by 177 member countries. The group said the measure will remain in effect while it further investigates the situation.
Earlier this month, Petro read out information from a document obtained through the Egmont Group suggesting that in 2021, Colombia's government, which was then headed by conservative President Iván Duque, paid an Israeli company $11 million in cash to acquire Pegasus spyware.
Petro made the revelation during a nationally televised speech, where many expected him to discuss a truckers' strike instead.
