President Petro accuses private funds of accelerating the departure of pension savings from the country

Portafolio Journalist 03.19.2026 19:18 Updated: 03.19.2026 19:26

President Petro accuses private funds of accelerating the departure of pension savings from the country

TL;DR

  • President Gustavo Petro requested an investigation into pension administrators.
  • The alleged issue involves the unauthorized outflow of pension resources from the country.
  • Over $2.4 billion is reported to have left Colombia in the past two months.
  • Petro characterized the situation as a "true capital flight" and stated the funds belong to contributors.
  • He called for the Financial Superintendence to act swiftly, investigate, and impose sanctions if irregularities are found.