A Drug Scandal May Take The Glow Off Colombia's EconomyGeri Smith
Colombia's democratic tradition was put to the test on Sept. 26, when President Ernesto Samper Pizano was grilled for more than eight hours by a congressional committee investigating charges that his 1994 campaign took $6 million from drug lords. That wasn't enough to rattle a multinational executive on the other side of Bogot. Pulling out new flip charts for an upcoming presentation to New York bankers, he raved about Colombia's fast-growing economy and his company's expansion plans. "The big investors realize the two best places to be in Latin America these days are Chile and Colombia," he said.
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