Interviewed credits:
Felipe Córdoba – Comptroller General of the Republic
RPTV NEWS AGENCY team:
Journalist: Edgar Ramirez
Camera and Edition: Oscar Cavadia
BOGOTA COLOMBIA). Friday, March 4, 2022 (RPTV NEWS AGENCY). Due to doubts about compliance with the EPM schedule for the activation of the first two power generation turbines of the Hidroituango hydroelectric plant, the Comptroller General of the Republic, Carlos Felipe Córdoba, visited the power plant to follow up on it. to the monetary resources recovered and ensure the entry into operation of this important hydroelectric project.
“We are setting up the special monitoring table so that we do not lose a single peso of those $4.3 billion that the Comptroller General has recovered to date,” said the comptroller.
The aim is to carry out permanent monitoring of the investment of these monetary resources, using the human and technological resources of the Comptroller’s Office, to verify that they are executed in an adequate and timely manner, and in full compliance with the schedule that EPM has established so that, in July and November of this year, the power generation of the first two turbines will start.
On December 10, 2021, Mapfre Insurer, under the all-risk policy that insured the Hidroituango project, reached a transaction agreement with EPM in which the amount determined in the tax liability process was included as damage.
Pursuant to said Transaction Agreement, full compensation for the fiscal damage established by the CGR was achieved. The Mapfre Insurance company made the last payment on Tuesday, January 25, 2022, for the sum of 633.8 million dollars. It had already given another 350 million dollars to EPM on the occasion of the payments made from the September 2018 contingency, with which it completed 983.8 million dollars of compensation, under the All Risk Construction policy.
Likewise, since December 2021, the insurers AXXA COLPATRIA, SBS and SURAMERICANA made the payment of the compensation corresponding to the policies that guaranteed the project directors. Once EPM certified the full payment of the compensation, the Comptroller General of the Republic declared fully compensated for the $4.3 billion property damage that it had determined in its second instance tax ruling on the Hidroituango case.
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CO-ADDRESS
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2021
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