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Colombia freezes FARC assets under peace deal

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Colombian prosecutors seized $98 million worth of buildings, land and assets belonging to the leftist FARC force as it disbands under a peace deal, an official said Thursday.

"We have frozen property worth nearly 282 million pesos" belonging to the Revolutionary Armed Forces of Colombia (FARC), public prosecutor Nestor Humberto Martinez told a news conference.

Authorities "also managed to identify property that is the result of illegal activities such as drug trafficking," he said.

The FARC are demobilizing after signing a peace accord with the Colombian government last year following more than half a century of conflict.

The government has also launched negotiations with the last remaining active rebel group, the National Liberation Army (ELN).

Authorities say the war has cost 260,000 lives.

Colombian prosecutors seized $98 million worth of buildings, land and assets belonging to the leftist FARC force as it disbands under a peace deal, an official said Thursday.

“We have frozen property worth nearly 282 million pesos” belonging to the Revolutionary Armed Forces of Colombia (FARC), public prosecutor Nestor Humberto Martinez told a news conference.

Authorities “also managed to identify property that is the result of illegal activities such as drug trafficking,” he said.

The FARC are demobilizing after signing a peace accord with the Colombian government last year following more than half a century of conflict.

The government has also launched negotiations with the last remaining active rebel group, the National Liberation Army (ELN).

Authorities say the war has cost 260,000 lives.

AFP
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