Press

Press

Congress Must Help Innocent American Luis Andrade Held in Colombia

September 24, 2018

An American citizen is living under house arrest in Colombia and facing 30 years in prison. His crime? Trying to prevent a corrupt company from stealing hundreds of millions of dollars from Colombian taxpayers.

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Former Congressman Connie Mack Condemns the Colombian Government for Silencing U.S. Citizen Luis Andrade

September 12, 2018

WASHINGTON, D.C. – Late last night, Colombian authorities showed up at the home of Luis Andrade forbidding him from participating in a tele-press conference in an attempt to silence Andrade from speaking openly about the facts of his case.

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The Andrade trial: Deception, forgery, and corruption

August 31, 2018

Americans are being illegally detained around the globe in places like Iran, Turkey, Venezuela, and now Colombia. It should concern all Americans – home and abroad – that once leaving our country they too could be subject to politically motivated charges.

A stark example of such abuse is the case of Mr. Luis F. Andrade – an American citizen – who left his Senior Partner position in McKinsey & company, to serve as the head of the infrastructure agency in the government of his parents’ home country of Colombia, in an altruistic attempt to help that nation move forward.

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Billionaire’s Banking Empire Weighed Down by Massive Odebrecht Scandal

August 24, 2018

Colombia’s drawn-out investigation into a continent-wide bribery scheme by Brazilian construction giant Odebrecht SA is casting a shadow over the nation’s biggest banking group, owned by one of Latin America’s richest men.

Grupo Aval Acciones y Valores SA and a subsidiary have seen their shares underperform since Odebrecht admitted to one of the largest graft cases in corporate history, detonating scandals across Latin America.

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Colombia and corruption: the problem of extreme legalism

August 15, 2018

Caught in the crosshairs, meanwhile, is Mr Andrade who faces charges of “undue interest in the awarding of a contract” — a nebulous term which essentially means he was influenced by others who took bribes.

Mr Andrade believes instead that he is being “punished for getting in the way of the interests of the most corrupt company in Latin American history [Odebrecht]” as well as “the corrupt political establishment”.

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LUIS F. ANDRADE CALLS PRESIDENT DUQUE TO APPOINT AN INDEPENDENT INVESTIGATOR TO OVERSEE THE CASES OF ODEBRECHT AND GRUPO AVAL

August 13, 2018

BOGOTA, COLOMBIA – On Thursday (8/9) afternoon, the Office of the Attorney General of Colombia announced two new charges against the former head of the National Infrastructure Agency (“ANI”), Luis F. Andrade.  These are in addition to eight previous charges placed against him last year related to the Odebrecht corruption scandal.

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Rebuilding Colombia

Regular readers of LatAm INVESTOR will know that Colombia’s attempt to rebuild its creaking transport infrastructure is one of the region’s most exciting investment stories. However, in case you missed our previous articles, the basic plot goes something like this. Colombia is a vast country, roughly the size of France and Spain combined, which is split between striking landscapes of dense jungle, fertile valleys, immense mountain ranges and thousands of miles of Pacific and Atlantic coast. All of which makes it marvellous for holiday photos but a very difficult country to link with transport infrastructure. That technical challenge was exacerbated by a volatile political environment. With Colombia roiled in conflict for the second-half of the 20th century it was unable to plan and finance the new roads, railways, ports and airports that it so desperately needed.

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Colombia’s new leader has a tough road ahead, and Obama holdovers aren’t helping

On Sunday, Colombians lined up to vote for the next president.  The candidates — Gustavo Petro and Ivan Duque — presented two diverging paths for Colombia. One, a retreat to darker days, and the other, a path forward for Colombia. Thankfully, Colombians voted against socialism and opted for change in President-elect Duque. Now it’s vital that the United States set aside old policies of appeasement and injustice and stand with the Colombian people.

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What Odebrecht Tells Us About Corruption in Latin America

Anywhere you go in Latin America you will probably use something built by Odebrecht. You might drive along a road it constructed in Mexico, travel on one of the railways it laid in Colombia, use electricity generated by one of its power stations in Peru or drink Argentine water that’s been purified by an Odebrecht treatment plant. Founded in Brazil in 1944 Odebrecht became the biggest construction and engineering company in Latin America with world-leading technical capabilities.

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El paganini Andrade

Resulta inquietante que el funcionario que más le paró el macho a Odebrecht y al consorcio Ruta del Sol II sea el que más imputaciones tiene.

Todo parece indicar que el fiscal Néstor Humberto Martínez está ad portas de llegar a la absurda conclusión de que el gran cerebro del escándalo de los 84.000 millones en sobornos de Odebrecht es Luis Fernando Andrade, el exdirector de la ANI, él único de toda la cadena probatoria que no recibió plata ni ordenó el pago de sobornos.

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Preguntas al todo poderoso

Hasta el momento, el fiscal ha optado por la táctica de acallar a sus contradictores con la amenaza de los estrados judiciales. Pero el palo no está para cucharas.

Ya va siendo hora de que el fiscal Néstor Humberto Martínez le cuente al país cuál fue su relación con los señores de Odebrecht, en vez de judicializar a todos los que se atreven a correr ese velo. Por el bien de la Justicia, o mejor, de lo que queda de ella, luego de que el cartel de la toga la volvió pedazos, el fiscal Néstor Humberto Martínez debería decirle la verdad al país.

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Inocente, hasta que se demuestre lo contrario

Corresponde a la Fiscalía demostrar si Luis Andrade recibió, o no, dinero para favorecer a Odebrecht

La justicia dio casa por cárcel a Luis Fernando Andrade, expresidente de la Agencia Nacional de Infraestructura (ANI), mientras continúa el juicio en su contra. La incertidumbre sigue, pero quienes lo conocemos, luego de escuchar los argumentos, estamos aún más convencidos de que es inocente.

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‘No conozco a Otto Bula’, dice presidente de la ANI

Luis F. Andrade, explica los orígenes del tramo Ocaña-Gamarra, por el que declaró ante la Fiscalía.

¿Para una persona que trabajó 25 años en McKinsey, una de las consultoras más importantes del mundo, qué significa que lo citen a la Fiscalía y a la salida le griten los periodistas que si recibió plata de Odebrecht?

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Congreso de EE. UU., interesado en caso de Andrade por Odebrecht

El exdirector de la ANI tiene nacionalidad estadounidense y por ello es el interés de legisladores.

Congresistas estadounidense han comenzado a presionar por el caso de Luis Fernando Andrade, el emproblemado exdirector de la Agencia Nacional de Infraestructura a quien la Fiscalía acusa de haber favorecido a la multinacional Odebrecht.

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