COLOMBIA FACES THRIVING SMUGGLING TRADE IN BIO-BASED OILS AND FATS
April 21st, 2015
Colombia’s bio-based oils and fats sector is seeing industry profits siphoned off by criminal networks thanks to a contraband smuggling boom linked to illegal armed groups, organised crime and money laundering.Contraband smuggling in Colombia has evolved into a sophisticated criminal business worth USD6 billion a year, according to the estimates of the Colombian National Tax and Customs Directorate (DIAN - Dirección de Impuestos y Aduanas Nacionales), and has become one of the principal threats facing national industries.“Contraband today is enormously ...
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