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Bogotá, Colombia, AFP

Colombia fined $ 1.7 million to the Inbada Water Company, a subsidiary of the Spanish group Cbad de Isabel II , ] for corruption of Ecuadorian officials informed Monday a market regulator.

In a statement to the media, the head of the Superintendency of Societies, Francisco Reyes, stated that Inbada incurred in " transnational bribery " in 2016, although he does not specify the type of operation or the details of the investigation.

As a result, the Inter-American Society of Water and Utilities (Inbada) will pay 5 078 million pesos (1,

The company, acquired in 2001 by the public water company of Madrid, is based in Barranquilla (north) and offers water management services and technological advances in Latin America. [19659003] Inbada must also make public the sanction of the pots of wine in the press and on its website, pursuant to the administrative resolution.

Reyes commented that the control body imposed the penalty after finding evidence on a foreign server in exchange for Executing, omitting or delaying an act related to his duties. "

In 2010, the Spanish group Cbad de Isabel II was targeted in Colombia, because of an alleged donation to the campaign of the candidate in the presidential election Juan Manuel Santos According to the newspaper El Mundo

However, the team Santos – who will leave office in August after eight years of tenure – Refused the gift

The Colombian Superintendency of Enterprises sanctioned a transnational company for bribing Ecuadorian officials. Photo: W Radio and Superintendence of Companies.

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