Colombia’s General Prosecutor has issued formal criminal charges against businessman Jorge Arturo Moreno Ojeda, better known as the “Tsar of private surveillance”. The businessman, currently believed to be in hiding, has been charged with the crimes of procedural fraud and engaging in uncompetitive agreements. Moreno Ojeda is thought to have benefited for years from multi-million dollar contracts for private security services.
Ojeda is accused of creating several companies, naming trusted individuals at the helm while maintaining overall control. These companies would then present individual bids for government contracts, with the aim of securing said contracts with one of their proposals.
The accused is believed to have operated this cartel between 2011 and 2012, securing contracts for security services for the Coldeportes agency, the Institute for Recreation and Sport (IDRD), Bogota’s Ministry for Social Integration and several other national and local entities.
Full Content: El Espectador
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Alaska Air Extends Review for $1.9 Billion Hawaiian Airlines Deal Amid Antitrust Concerns
Jul 31, 2024 by
CPI
Pennsylvania Governor Opposes Nippon Steel’s Bid for U.S. Steel, Citing Union Concerns
Jul 30, 2024 by
CPI
Live Nation Attorneys Granted Limited Access to Confidential Documents in Antitrust Case
Jul 30, 2024 by
CPI
UK’s CMA Deepens Investigation into Amex GBT’s Acquisition of CWT
Jul 30, 2024 by
CPI
EU Regulators Advocate Formalizing Disinformation Code Under DSA
Jul 30, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – International Trade & Antitrust
Jul 26, 2024 by
CPI
What is Wrong with the WTO Discipline on Subsidies?
Jul 26, 2024 by
CPI
The Abiding Tension Between Trade Remedy Law and Antitrust
Jul 26, 2024 by
CPI
Trade and Antitrust: An End to Isolationism
Jul 26, 2024 by
CPI
International Trade Law and Domestic Regulation of Generative Artificial Intelligence: Divergent Approaches?
Jul 26, 2024 by
CPI