Colombian police have seized property and bank accounts worth 1.3 trillion pesos ($329 million), proceeds from the sale and export of stolen crude oil, officials said on Thursday.
The national police and Interpol have carried out seven investigations since 2016 into the theft and smuggling of oil by four criminal organizations, a police statement said. The enterprise managed to export 975,000 barrels of crude between 2020 and 2021, it said.
The practice of perforating pipelines and storing oil in pools in the jungle is an environmental disaster,"Businessmen and technicians are involved and the National Liberation Army is clearly linked due to its illegal activities of hydrocarbon theft and attacks against the Cano Limon-Covenas pipeline," said independent energy analyst Katherine Casas, referring to a rebel group that regularly bombs pipelines.
To sell the stolen oil, criminal groups mixed it with legally-bought crude so it could be exported via front companies, police said.was the main victim of the scheme, costing it 60 billion pesos, police added.
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