BUSINESS● ELEVATEDAug 3 · Aug 3, 2026, 7:16 PM
Chinese executive filmed taking cash on Colombia metro, South America’s biggest project
South China Morning Post
Colombian prosecutors are investigating allegations that executives of a Chinese state-owned contractor building the Bogota metro demanded cash from a local subcontractor in exchange for releasing payments owed for work on the project, according to an investigation published over the weekend by Semana, the country’s leading news magazine. The consortium building the line has denied any wrongdoing, saying the money seen changing hands was a retention payment agreed upon between the two firms in a...
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesSECBUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESSECBUSINESS27m agoEqual-weight failed. Now tech stocks look shaky again. So what should you do about S&P 500 risk?CNBCBUSINESS34m agoBoeing’s stock slump draws Wall Street bulls amid risksSeeking Alpha Tech