Thursday, 26 November 2020

Comptroller convicts Colombia’s once-biggest health intermediary of fraud

(Photo: Wikimedia)

Colombia Comptroller’s Office on Wednesday sentenced the ex-president and the former directive board of Colombia’s once largest private health manager to a $726 million fine over fraudulent use of public  funds. 

Ex-Saludcoop president Carlos Gustavo and the former 15 members of the directive board of Saludcoop will have to pay $726 million for fraud practices that last 15 years.

According to investigations, Saludcoop was investing Colombia’s social health funds in foreign countries such as Panama, Chile and even Afghanistan. They also included funding golf tournaments and sport teams.

Saludcoop is what is known as an EPS, a private health intermediary company formed under Colombian health law that directs public funds and services between doctors and patients.

- paying the bills -

The EPSs have come under scrutiny for widespread allegations of corruption and poor service. President Santos’ new health reform purportedly will dismantle parts of the EPS system, so that while they continue to manage services, they no longer manage public funds, instead deferring to a federal organization called Salud Mia to make payments.

Medical workers have protested President Santos’ proposed health reforms, claiming the problems inherent with the system will not be improved, and will actually be made more serious by the reform.

MORE: Colombia medical workers continue protest against health reform bill

Sources

The post Comptroller convicts Colombia’s once-biggest health intermediary of fraud appeared first on Colombia News | Colombia Reports.

- paying the bills -
- paying the bills -
Rico
Rico
"Rico" is the crazy mind behind the Q media websites, a series of onlinemagazines that includes TodayColombia.com. Rico brings his special kind of savvy to online marketing. His websites are engaging, provocative, informative and sometimes off the wall, where you either like or you leave it. The same goes for him, like him or leave him.There is no middle ground. No compromises, only a passion to present reality as he sees it!

Related Articles

Former Colombia’s President Uribe placed under house arrest over witness tampering

(QCOLOMBIA) Colombia's highest court last week ordered that former President Alvaro...

Controversy in Colombia over the arrival of the US military

The arrival of US troops in Colombia has always caused controversy...

MOST READ

Let's Keep This Going!

To be updated with all the latest news and information about Colombia and Latin America.

Add to Collection

No Collections

Here you'll find all collections you've created before.