Petro calls court order to return Coosalud EPS an 'aberration'

President Gustavo Petro labeled as an 'aberration' the Tribunal Administrativo de Bolívar's order to return the intervened EPS Coosalud to its legal representative. In a post on X, Petro criticized the ruling, citing corruption in handling public funds. The Superintendente de Economía Solidaria stated that the handover requires a formal process.

President Gustavo Petro sharply criticized the Tribunal Administrativo de Bolívar's order to return the intervened EPS Coosalud to its legal representative, Jaime González. In a post on X, Petro stated: 'This is a complete aberration by the Tribunal Administrativo de Bolívar. Justice must not kneel before money or corrupt powerful individuals.'

Superintendente de Economía Solidaria María José Navarro said the order requires a proper process, as a team currently manages the EPS to ensure operations and affiliate services. She noted Coosalud belongs to a cooperative of about 5,000 members and that authorities uncovered an alleged scheme to misappropriate public funds.

Irregularities include González securing a $221 billion credit using EPS resources as collateral, which is prohibited. Banco GNB Sudameris debited accounts and seized assets, with $120 billion exiting via management checks to third parties. All findings have been reported to the Fiscalía.

Petro stressed that Coosalud belongs to workers, not González, and ordered steps to safeguard it. He also addressed Savia Salud EPS and reaffirmed plans to capitalize Nueva EPS, with local and national governments aiding debt payments to hospitals and providers.

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President Petro announces EPS liquidation impacting 12 million amid health service disruption fears and medication delay deaths.
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Petro orders liquidation of crisis-hit EPS without transition plan

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President Gustavo Petro announced the liquidation of several financially troubled EPS, impacting around 12 million users, amid warnings over the absence of a contingency plan. Regional officials and associations caution against service disruptions and massive transfers that could overload the system. Recent deaths from medication delays highlight existing failures.

President Gustavo Petro commented on the Fiscalía's charges against José Fernando Cardona, former president of Nueva EPS, stating that it confirms the entity's bankruptcy since 2021. According to Petro, the insurer continued extracting billions in state resources despite its insolvency. The intervention and liquidation of Nueva EPS address its impact on Colombia's hospital network.

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Colombia's Procuraduría General de la Nación has provisionally suspended Asmet Salud EPS's special interventor, Lain Eduardo López Martínez, for three months over alleged deterioration in health services. The move also launches probes into former interventors. It follows preventive visits uncovering rises in complaints and financial issues.

Ricardo Roa, Ecopetrol's president, stated he will not step down despite a formal charge of influence peddling by prosecutors. In an interview with Cambio magazine, he defended his position, saying it has not altered the company's risk matrix. He emphasized acting with full transparency toward international markets.

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President Gustavo Petro explained on his X account that economic reactivation funds will not come from the national budget, but from new taxes. This comes amid Decree 0150 of 2026, declaring an economic, social, and ecological emergency in eight northern Colombian departments due to the climate crisis.

Colombia's Constitutional Court declared Legislative Decree 1474 of 2025 unconstitutional and ordered the Dian to return about $25 billion collected from emergency economic taxes in December. The Dian confirmed it will comply and implement measures within 30 days. Governors welcomed the ruling for easing regional finances.

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In an analysis published in La República, columnist Andrés Guillén argues that President Gustavo Petro is strategically advancing in Colombian politics while the opposition fractures due to egos and personal interests. Guillén criticizes the government's handling of health, public order, and the economy, drawing parallels to Venezuela. He warns of risks from multiple opposition candidates in the 2026 elections.

 

 

 

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