Colombia Prosecutor Charges Ataco Mayor, Ex-Mayor Over COP 21.5M Royalty Fund Irregularities

Colombia's Prosecutor's Office formally charged the sitting mayor and a former mayor of Ataco, Tolima, over alleged irregularities in a project financed by the General System of Royalties (SGR), valued at COP 21.550 million. The charges center on incomplete works, suggesting potential embezzlement or mismanagement of public funds. This is a local corruption case with limited immediate market impact but reflects ongoing anti-corruption enforcement in Colombia.