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Judi Lynn

(160,530 posts)
Fri Mar 9, 2018, 11:08 PM Mar 2018

Colombia arrests healthcare executive over $105B heist

Source: Colombia Reports

by Adriaan Alsema March 9, 2018

Colombia arrests healthcare executive over ‘$105B’ heist
by Adriaan Alsema March 9, 2018



Prosecutors arrested the former director of a private healthcare intermediary over the alleged embezzlement of more than $105 billion, equivalent to 5% of Colombia’s GDP, in health funds.

The arrest of former Saludcoop director Carlos Palacino came after years of criminal investigations into the biggest of many healthcare-related heists that have bled Colombia’s healthcare system dry.

According to health authorities, Palacino and his fellow executives misspent $105 billion, or 5% of the country’s GDP, between 2000 and 2004.

. . .

The consequences of the corruption at SaluudCoop and other private contractors have devastated Colombia’s universal healthcare system.



Read more: https://colombiareports.com/colombia-arrests-healthcare-executive-over-105b-heist/





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Colombia arrests healthcare executive over $105B heist (Original Post) Judi Lynn Mar 2018 OP
A cautionary tale not fooled Mar 2018 #1
Privatize the profits UpInArms Mar 2018 #2
Sounds like a typical zentrum Mar 2018 #3

not fooled

(5,801 posts)
1. A cautionary tale
Fri Mar 9, 2018, 11:40 PM
Mar 2018

for privatizers in the U.S. Who probably, however, look on this story as a success since a bunch of corrupt people got rich off of government funds. Their goal in the U.S.

See: Iraq war, military privatization, charter schools, etc. etc. etc. ad nauseum.

All basically money-laundering schemes to transfer taxpayer dollars to (largely) GOPeePee donors.


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