Colombian Government Confiscates Property of Escobar

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Wednesday, October 1, 1997
Author: 
Bruce Zagaris
Volume: 
13
Issue: 
10
401-402
Abstract: 
On September 3, 1997, the Colombian Department of Administration and Security announced that it has confiscated sixty-eight properties belonging to relatives of Medillin cartel leader Pablo Escobar. The National Drugs Council will now take title of the properties, which are worth an estimated $20 million. The Council intends to use the funds to finance social programs... [more]