El informe secreto de Control Risks sobre la presidencia de Ecopetrol

WEBVTT

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At the WU. Colonel' s
report has the findings of the assessment against

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Risk Control. Companies hire corporate intelligence
experts to know what impact a decision,

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an appointment, a conduct, a
complaint can have, what impact it can

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have on the company and, most
importantly, on its stock market value,

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Daniel, what RIZK control brings in
the July Colonel Good Days report. This

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is today' s Colonel report.
This last Friday, tomorrow will be the

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Shareholders' Assembly of Copetrol and from
now it is previewed that it will be

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to rent balcony. President Petro is
pushing for the change of the Board of

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Directors, in which five of the
nine members will be replaced by people close

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to the Government. The plate,
that is, the proposed list of directors

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to be published on March 1st only
appeared this week on Copetrol' s official

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page, thereby violating the shareholders'
right of inspection. Moreover, seven members

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of the outgoing board of directors questioned
the professional competence of the new directors to

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be part of the largest company in
Colombia. That would be enough. But

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what causes the most concern within COPETL
is the conclusion of a report on the

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company' s risks. The existence
of that report had even been denied a

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few days ago by members of the
administration. The truth is, it does

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exist. It is highly confidential and
has been kept secret so far. It

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was prepared by the British multinational consultant
against the RESC expert in corporate institutional intelligence

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and risk management. The company,
one of the most prestigious in the world

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in its field, did an investigation
and evaluation of the risk of coperroll due

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to the circumstances that have surrounded the
president of the company, Ricardo Roa,

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and that have to do with it. First, with the purchase of an

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apartment by him at the price of
Ganga, Mr Serafino and aconus entrepreneur with

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interest in the hydrocarbon sector. Second, with the investigation of Dr Roa for

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alleged and regularity in the financing of
the election campaign of President Gustavo Petro that

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includes contributions from two unions, the
Colombian Federation educator Es FECODE and the Trade

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Union of Copetrol, the Union trade
union Obrera Uso and, third, the

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short but existing contracts of public entities
granted to the permanent partner of the President

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of Copetrol, Mr Julián Caicedo.
These and some other issues would be discussed

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in the Audit and Risk Committee of
the Board of Directors of Copetrol, which

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decided to hire multinational Control Rick to
assess whether these situations involving Dr Roa may

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affect the future of the company,
its international presentation and the value of its

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stock listed on the New York Stock
Exchange. The report has been handled with

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total hermetism. However, in fulfilment
of the journalistic duty, the report has

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spoken to three people who have had
access to the document. They say the

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paper confirms that situations involving Dr Reo
constitute a considerable risk to the company.

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For this reason, it proposes several
scenarios that, according to one of the

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sources, include the evaluation of a
possible temporary or definitive withdrawal of the president

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of Copetrol, possessed less than a
year ago, and also calls for transparency

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in the management of the country'
s main company. All this comes afloat

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forty- eight hours before the Assembly
of Shareholders, where the holders of Copetle

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' s titles will have the right
to demonstrate. The company belongs mostly to

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the nation, that is, to
Colombian taxpayers, in a percentage greater than

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eighty- five percent, but also
in smaller proportions to private pension funds and

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individuals ranging from very well- off
people to ordinary Colombians who have bought one

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or a few shares in the hope
that it will be valued. One of

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those very small but well- informed
shareholders is former Senator Jorge Enrique Robledo,

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who for decades was one of the
most prominent legislators in political control and now

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wants to use that experience to ask
uncomfortable questions in the Assembly, about everything

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that has been happening in ecopeton.
Dr Jorge Enrique Robledo, good morning,

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very good morning, very good morning, Daniel, and the Board of Directors

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also forgive me this work too.
Greetings. I understand that you are already

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preparing to ask the Board of Directors, Dr Robledo, first of all to

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resolve a curiosity to me. You
were already a shareholder of Copetrol from before

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or bought shares now to be able
to speak in this Assembly, which paints

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you as the most complicated in the
Company' s history to remember this.

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I spent twenty years on the Commission
that the Senate, which is that of

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Oil and Environmental Affairs, etcetera,
enters. So this is an issue that

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I am passionate about and with all
the horrors that are happening in this government,

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which includes having a President of the
Republic who hates oil Di el Gásquez

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wants phobia the only President of the
world who is in that attitude. For

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the conclusion that I had to buy
a few shares in order to go to

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the Assembly and to be able to
make requests as a shareholder, because the

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requests that one makes to the top
copetrola the Presidency coped as a citizen,

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they answer them badly or they do
not answer them. So what I am

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doing not later, of course,
a business, but to continue to do

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here with the duty that has imposed
upon me many years ago to act with

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the logic of a public servant.
So I bought a few shares and we

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' re forming a group of Copethol
shareholders that we' re going to become

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a watchdog before what happens in that
company, in addition to what Congress can

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do. For example, I know
that there was a right of petition in

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February asking for information from a Senator
of the Republic and they have not answered

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it. That' s not the
way it can be. So, let

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' s go get that company'
s information. The truth is that it

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is difficult for those subsidiaries to provide
him with a right of petition. I

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' ve been broadcasting for a year
and I' ve been given back and

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I' ve earned your fabrics and
then I' ve lost them in second

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istaria and anyway, it' s
not possible for them to answer me a

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right of petition about Copetrol' s
business. But, well, that'

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s another topic. What do you
know about the enigmatic report by Control Riffs

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on the risks Ecopetrol faces in situations
involving its President? Yeah, that'

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s a report because I understand no, no, it' s not published.

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I don' t know him.
I have to say it very clearly.

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The editorial of the time a few
days ago already mentioned it. But

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there are things that go knowing and
it goes knowing from the start. That

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' s what you point out,
that you point Daniel out no, and

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that' s that there' s
such a critical one. The report on

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Dr Roa' s exploits which he
proposes as a need for the company to

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look carefully, a temporary or total
withdrawal from the President of Copetrol. That

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is already a fact, because of
English aggravations. It is a report of

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more than a hundred pages, which
goes into a lot of detail. But

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finally, what I think would have
to be done is a campaign right now

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to be published and I say it
as a Colombian and as a shareholder,

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Copetón' s demand to publish on
that sensor, to be handed over to

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the media, to be handed over
to all Colombians so that we can go

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into detail. But how will things
be so serious you mention, that you

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draw conclusions as you are now.
But it' s not surprising to me

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Daniel, because he looks at the
single errors of cavalry, with the corruption

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of Dr Roa when he was president
of the Bogotá energy company, in a

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crooked and massive company in Guatemala,
of a subsidiary company in which he acted

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as alcahueta. When this matter became
known, that only enabled him to be

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Copetrol' s President, because that
is not a resume. Look at the

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entanglements in which Petro' s presidential
campaign is still in. There may be

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some very serious things in this regard
about the financing of that campaign. Well

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from the outset, it seems that
the reports of the contributions of Mr and

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Clides Torres to the campaign, which
Gustavo Petro' s own son says are

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true, do not appear. That' s not appearing in the campaign figures.

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And so Dr Torres already has contracts
with alternative energy business for$ 180

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billion. Well, what' s
going on with the board of directors and

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what they want to do is they
want to impose a board of directors in

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which several of their members have no
merit to become members of that board,

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beyond saying that they are recommended from
but and that they are friends of Peto.

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And in that, with the pimps
or the support of the Minister of

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Finance himself, then they' re
handling the competition I said it in some

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detail as if it were a shop
owned by Dr. Gustavo Petro, of

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the Minister of Finance, yes,
of the doctor' s doctor to how

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about the exploits, when seraphim yacono
have two members of the board of directors,

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the only ones that are supporting the
doctor at this moment. The current

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members of the board of directors are
two who, in addition, are shareholders

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of a company of seraphim yacono of
the oil world. It can' t

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be that this is a respect,
a respect that is being given to Colombians

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with these behaviors. So I'
m surprised, and I' m convinced

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from here that this report, that
firmoconsol riche, has to tell a lot

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of stories, because they have to
be very serious, because if I,

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that I am not a researcher,
if I am not a researcher, I

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know about these things, imagine what
those who have access to more information will

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know. But, in addition to
the relays in the board of directors,

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next Friday' s Assembly proposes amendments
to the statutes of co- petroleum.

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You have concerns about these statutory changes. Yes, that may be the most

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serious thing of all is that let' s remember that Dr Petro has a

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phobia that he' s trolling and
gas. It is, I repeat,

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the only president of the oil country
in the world who practically strangled the new

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explorations to find oil and gas,
which means that we are going to run

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out of oil and gas. I
give listeners a fact that is very simple

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to understand the importance of gas.
In the last of the oil forgiveness.

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Over the past three years, Colombia' s oil exports have added forty-

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six million dollars. If the economy
of copetrol and oil collapses in Colombia,

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as can happen because of the irresponsible
attitude of President Gustavo Petro and of Supplies

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and the President of the Copetor.
There can be an economic catastrophe and what

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happens in the statutes. It includes
at one point forgiveness in the Assembly,

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they include a point to modify the
statutes by putting copetrol into a whole kind

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of alternative energy business. And I
don' t get that there' s

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generally alternative energy and there' s
climate change. Some things need to be

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taken care of, but a very
large part of those businesses are very high

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- risk businesses, such as meth
and oil in hydrogen business, which is

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an absolutely new technology. It'
s a very complicated thing. The competitioner

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has no resources, then what happens
if the copetor gets it in that crazy

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way, as Petro wants in the
business of alternative energies and that they are

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cagoeteing steals it, because what they
can end up breaking the company at least

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leading it to an immense crisis,
besides that they are turning it into a

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center of politics and assistance and clientelism. So what we' re going to

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raise in the Board of Directors is
two things, because it' s one

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thing that is delayed in decisions at
least until we get serious studies, because

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they also lead us to vote like
blind hooks. There is no serious report

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on the new members of the Board
of Directors to justify because they have to

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be there. It' s just
there. I' m sure there are

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candidates who can' t read or
balance people who have zero experience in economic

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and oil matters. It can'
t be me I understand Petro putting friends

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with him, supporters of him,
but he has to put them among those

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who know, that is, the
doctor. Petro cannot continue to turn ignorance

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into a virtue, which is one
of the things they have us doing,

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because it is with the silver of
the Colombians who are playing. That is

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a particularly serious fact which then tells
us to postpone that change of board of

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directors as there is no condition.
Well, it' s being handled in

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the illegality, let' s say, or the irregularity. But good that

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if you postpone that decision, while
this is discussed with tranquility and particularly that

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the decision of the Board, of
the change of statutes of the Board,

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is postponed, so that we do
not get involved in the economic adventures.

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And I think that, as things
go, we need to discuss the resignation

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of the Copetro President. I believe
that this has to be a debate that

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must be placed on the agenda so
that we can have an opinion on whether

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Dr Roa should submit his resignation,
because these things that are being heard are

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entitled to be raised by the actions
taken. Then there is going to be

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an Assembly where we are going to
talk with everything, with everything, with

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all frankness, as it has to
be. The fact that the national government

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has ninety percent of the shares does
not give it the right to run over

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two hundred and sixty thousand shareholders who
have private shares there, nor to run

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over twelve million Colombians who have their
savings in private pension funds that are Copetro

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shareholders. A. That is what
we are going to give the House.

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In the last few hours, colleague
Jorge Espinosa de Caracol revealed that Néstor Camilo

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Martínez, the son of Néestor Huberto
Martínez, is advising Copetro' s president,

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Ricardo Roa on the replacement of the
board of directors. Few people have

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taken as badly as President Gustavo Petro
and destr Humberto Martínez. You explain how

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the president of Copetrole, so close
to Petro, has as his advisor the

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son of Estor, Humberto, Dr
Roble. So I had a relative who

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said that there were people who were
able to do anything, anything, and

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I' m coming to the conclusion
that among those is Dr Gustavo Pecho,

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because it' s that Copetrol ends
up hiring Néstor Camilo Martínez, that is,

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Nestor Humberto Martínez' s son,
and I' m convinced that it

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' s Nestor Humberto' s firm
that he' s representing. Yes,

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because what he has right now is
from lh Piper Martínez Beltrán, and that

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firm was created by Nestor Humberto a
few years ago and was by the same

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name. But instead of Martinez Beltrán, it was Martinez. Naije then ends

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up with oil hiring last or through
his son with Néstor Humberto Martínez, as

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it is a thing like almost incredible. I suppose even the furrifying Petrists will

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be very strikingly impressed. And I' m not surprised then that the concept

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of the destor Néstor Camilo Martínez,
is to tell Copetrol not fresh, that

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is, here we go, we
are shooting while he arrives at the order

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of Bogotá, as they said of
General Masa, because what he is telling

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00:16:03.919 --> 00:16:06.480
him is that yes, it is
that things there regulation. But, well,

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that' s settled by paying a
lot. Let' s not worry,

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not how they can be running a
company of this caliber, of that

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one, that way a thousand Thanks
to former owner Jorge Rique Robredo, He

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and other small shareholders of Copetrol are
preparing a letter to send it to the

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president of the company today. I
hope the Colombians can know more about what

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' s going on in Ecopetón,
which has become so opacious. Well,

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there' s a bonus track as
stealthily as in Ecopetrol. The prosecutor delegated

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to the Supreme Court of Justice Gilberto
Villarreal, who conducts the case against former

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President Alvaro Uribe, for bribery of
witnesses and procedural fraud I quote to testify

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yesterday Tuesday Alex Cabecilla for military rescue
Mancuso, prosecutor Villarreal, who received this

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task from Attorney General Francisco Barbosa,
only told the representatives of the victims on

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Monday afternoon, when there were a
few hours left for the investigation. Several

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of them were unable to attend the
last- minute summons of prosecutor Villarreal,

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who, like his predecessors, seems
another member of the former president' s

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defense and not his accuser. However, the play went wrong again. The

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appointment was so last minute that Mancuso
was not able to be ready to attend

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to it. As a result,
it was set for another day. On

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that date, all parties will be
able to attend, including victims who have

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interesting questions for Salvatore Mancuso. This
was today' s Colonel report. Thank

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you very much.