News Recap: Tax reform bill rejected, Natural Gas Imports, Total Peace, El Tarimazo and more

In this week’s Colombia Business News Recap, Gustavo Petro’s tax reform collapses 9 to 4 in committee and he threatens an “economic emergency” after swapping short-term liquidity for long-term debt; Prosecutor Lucy Laborde seeks preventive detention for Nicolás Petro, the president's son, over alleged corrupt contracting in the Atlántico department; Colombia has become a net importer of natural gas after foreign oil majors left and new projects were blocked; leaked files link Petro’s “Total Peace” manager, alias Caracá, to ongoing criminal activity and possible collusion between the state of Bogotá and FARC dissidents; the “Tarimazo” political scandal deepens as jailed crime bosses were temporarily released to appear on stage at a Petro rally, and Senator Isabel Zuleta faces a Supreme Court investigation; Medellín officials tied to Daniel Quintero receive nine-year bans for rigged contracts; and Antioquia governor Andrés Rendón heads to Washington to meet U.S. officials and business groups.

Watch the video here: https://youtu.be/tLjK57oq9f8

Links and mentions
⦁ Gustavo Petro's post on X: https://x.com/petrogustavo/status/1996609704974233634?s=20 ⦁ Petro’s risky public debt strategy is failing: https://www.lasillavacia.com/silla-nacional/la-arriesgada-estrategia-de-deuda-publica-de-petro-esta-fracasando/
⦁ Petro blames Congress, BanRep, and Duque for his public debt failure: https://www.lasillavacia.com/en-vivo/petro-culpa-al-congreso-banrep-y-duque-por-fracaso-en-deuda-publica/
⦁ Prosecutor’s Office requests jail for Nicolás Petro over alleged corruption in Atlántico: https://www.lasillavacia.com/en-vivo/fiscalia-pide-carcel-para-nicolas-petro-por-presunta-corrupcion-en-atlantico/
⦁ How the Nicolás Petro Scandal Has Been Unfolding in Colombia: https://www.financecolombia.com/how-the-nicolas-petro-scandal-has-been-unfolding-in-colombia/
⦁ Gas Crisis: https://x.com/lasillavacia/status/1997040835297235025
⦁ Colombia initiates gas importation: https://www.lasillavacia.com/en-vivo/colombia-inicia-importacion-de-gas/
⦁ The Global Conspiracy Against Hydraulic Fracturing in Colombia: https://www.financecolombia.com/the-global-conspiracy-against-hydraulic-fracturing-is-it-active-in-colombia/
⦁ Nine-year ban for former officials of Quintero: https://www.elcolombiano.com/medellin/procuraduria-confirmo-inhabilidad-natalia-urrego-arias-y-jorge-enrique-lievano-ospina-exfuncionarios-daniel-quintero-GA31575164
⦁ Senator Isabel Zuleta: https://www.elcolombiano.com/medellin/retractacion-isabel-zuleta-federico-gutierrez-medellin-ND30881518
⦁ Why is the government protecting Isabel Zuleta and hiding details of the ‘Tarimazo’ in Medellín?: https://www.elcolombiano.com/colombia/gobierno-petro-no-entregar-informacion-tarimazo-alpujarra-isabel-zuleta-JA31571239
⦁ Accusations Committee opens an investigation against President Petro over Medellín’s 'Tarimazo': https://www.elcolombiano.com/colombia/tarimazo-medellin-abren-investigacion-contra-gustavo-petro-EI30836839
⦁ General Federico Mejía ordered the release of a cocaine trafficker: https://caracol.com.co/2025/11/26/general-federico-mejia-ordeno-liberar-a-traficante-de-cocaina-en-un-helicoptero-del-ejercito/
⦁ Rendon heads to the U.S.: https://www.eltiempo.com/colombia/medellin/andres-julian-rendon-gobernador-de-antioquia-viajara-a-los-estados-unidos-por-invitacion-del-departamento-de-estado-cual-sera-su-agenda-3515517

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