Ecopetrol CEO Faces Charges Over Alleged Campaign Spending Violations

Colombian prosecutors are preparing to charge Ecopetrol CEO Ricardo Roa for purportedly breaching campaign spending limits during President Gustavo Petro’s 2022 presidential campaign. Bloomberg posted on X, highlighting the legal actions being considered against Roa. The allegations suggest that Roa, who played a significant role in the campaign, may have exceeded the financial constraints set for electoral activities. This development comes amid heightened scrutiny of campaign financing practices in Colombia. The case could have implications for both Roa and the broader political landscape, as authorities continue to investigate the matter.