[New] Coronavirus: Latin American countries use drug and corruption resources to curb pandemic

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Argentina and Colombia have found a way to finance the necessary equipment to fight the new coronavirus.

Both Latin American countries are using assets seized from crimes such as drug trafficking, corruption and human trafficking to maximize their resources.

Cars and properties that were used for crimes are now used for the transportation, accommodation and isolation of patients by COVID-19.

 

A legal mechanism, called extinction of domain, allows the authorities to dispose of these goods of illegal origin.

 

 

Resources that a defendant is presumed to have acquired because of his or her illegal activities may be seized, even before the suspect is prosecuted.

The goods pass into the hands of the Government and will be administered by some state entity.

 

Peru, like Mexico, Bolivia, Honduras and El Salvador, have a similar law. However, only Argentina and Colombia are giving this use against the coronavirus.

In the case of Argentina, two hotels are being used, which belonged to the Loza narco-criminal organization; a real estate project called Pilar Bicentenario, seized in a money laundering operation; 26 vehicles confiscated from an alleged gang of drug traffickers, and up to US $ 12,000 seized from the former secretary of Public Works of the Kirchner government, José López, convicted of illicit enrichment.

 

For its part, the Colombian Special Assets Society (SAE) is offering the Hotel Benjamin, which belonged to the Israeli Assi Mosh and was related to a prostitution ring; an open lobby known as 'El Castillo', in the center of Bogotá; and 65 buildings that can be used as shelters for women in distress during the pandemic.

Edited April 22, 2020 by -Dark
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