Source:
Chicago Sun-Times/Associated PressDrug lord's private island seized
August 28, 2007
BY ASSOCIATED PRESS
BOGOTA, Colombia---- Colombia said Monday it has seized a private Caribbean island and hundreds of other properties allegedly used by powerful cocaine trafficker to launder millions of dollars in drug profits.
Juan Carlos Ramirez Abadia was arrested in a luxury condominium on the outskirts of Sao Paulo, Brazil, on Aug. 7. He faces three U.S. federal indictments on drug and racketeering charges, and U.S. officials have said they plan to seek his extradition.
Colombian authorities said they seized 300 properties across the country -- including farms, apartments, empty lots, a hotel and gymnasium -- worth about $400 million.
They also seized a private island near the Caribbean tourist city of Cartagena, four cars and 18 private businesses, among them a travel agency and real estate company. They gave no details on the island.
Ramirez Abadia, 44, said in an interview Sunday night with TV Globo's Fantastico news and entertainment program -- Brazil's most popular -- that his arrest will not affect drug trafficking.
Read more:
http://www.suntimes.com/news/world/531005,drug082807.article
Makes you wonder at what point he got on the Colombian government's bad side.