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Home » Colombia fines Ecopetrol CEO Ricardo Roa over Petro campaign spending violations
Latin America

Colombia fines Ecopetrol CEO Ricardo Roa over Petro campaign spending violations

omc_adminBy omc_adminNovember 27, 2025No Comments1 Min Read
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(Bloomberg) – Colombia’s electoral authority fined officials from President Gustavo Petro’s 2022 campaign, including the current head of the state oil company, for breaching spending limits.

The National Electoral Council sanctioned Ecopetrol CEO Ricardo Roa, who managed Petro’s campaign, among others, Caracol Radio reported without saying how it obtained the information. 

The investigation by the electoral council found the campaign overspent by more than 3.5 billion pesos ($935,000), Caracol said.

Separately, prosecutors are investigating Roa and Petro’s son, Nicolás Petro, over allegations that some campaign funds came from criminal sources.

The national electoral authority and Ecopetrol’s press office didn’t immediately reply to written requests for comment. 

The Colombia Humana and Unión Patriótica parties will also face penalties, according to Semana magazine.

 



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