Former Cemex Colombia directors detained for corruption

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Colombia: Édgar Ramírez Martínez, the former vice president of planning for Cemex, will be detained in prison as part of an ongoing investigation into alleged irregularities in the acquisition of land at Maceo in Antioquia for the construction of a cement plant. The prosecutor’s court has also issued a detention ticket for Camilo González Téllez, former vice president of planning for Cemex Colombia, who is currently in the US, according to Noticias Financieras. Eugenio Correa Díaz, the former representative of CI Calizas y Minerales, which sold the property to the cement producer, will also be detained.

The former employees of Cemex allegedly paid over US$13m to Correa, despite being aware of the fact that the property was in the process of being expropriated over unpaid taxes.

Last modified on 04 July 2018

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