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Court Freezes Petro’s $5.9 Billion Pension Transfer | Collector
Court Freezes Petro’s $5.9 Billion Pension Transfer
The Rio Times

Court Freezes Petro’s $5.9 Billion Pension Transfer

Key Facts —Court ruling: on May 11, 2026, Colombia’s top administrative court suspended in full the presidential decree that ordered the transfer of roughly 25 trillion Colombian pesos (about US$5.9 billion) from private pension funds to the state pension manager. —The president’s response: Gustavo Petro called the ruling “a coup against the people” and demanded […] The post Court Freezes Petro’s $5.9 Billion Pension Transfer appeared first on The Rio Times .

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