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Anti-money laundering group suspends Colombia after President Petro declassifies confidential report

AP |
Sep 24, 2024 08:40 AM IST

Anti-money laundering group suspends Colombia after President Petro declassifies confidential report

BOGOTÁ, Colombia — 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.

Anti-money laundering group suspends Colombia after President Petro declassifies confidential report
Anti-money laundering group suspends Colombia after President Petro declassifies confidential report

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.

The president said that the spyware was used by Duque's conservative administration to spy on activists and members of left-wing parties that opposed his government, including Petro himself. Duque administration officials have denied the charges.

Pegasus is able to gather information from cellphones undetected and control a cellphone's camera and microphones. The software was developed by an Israeli company and has been used to target more than 50,000 politicians, journalists and human rights activists by at least a dozen governments, according to a report published by Amnesty International and 18 media organizations in 2021.

Security analysts have said Colombia's suspension from the Egmont Group's information sharing platform weakens the nation's capabilities to detect illegal transactions made by drug trafficking groups, and other criminal organizations.

Petro on Monday defended his decision to declassify confidential information, arguing he did so to defend the nation's interests.

“This is the price of truth," Petro wrote in a message on X, adding that Colombians now know how his predecessor “paid” for Pegasus.

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Follow ’s coverage of Latin America and the Caribbean at /hub/latin-america

This article was generated from an automated news agency feed without modifications to text.

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