NEWYou can now listen to Fox News articles!
The Trump administration’s Treasury Department on Friday sanctioned Colombian President Gustavo Francisco Petro, along with his wife, son and a close associate, accusing the group of being involved in the global illicit drug trade.
The action was taken under a Biden administration executive order targeting foreigners involved in the drug trade.
Petro joins a number of other world leaders under sanction by the Treasury, including Russian President Vladimir Putin, Venezuelan president Nicolás Maduro and former president of Syria Bashar al-Assad.
President of Colombia Gustavo Petro Urrego was placed under sanction by the U.S. Treasury. (AP Photo/Pamela Smith)
TRUMP DOUBLES DOWN ON COLOMBIA CRACKDOWN, CALLS PETRO ‘LUNATIC,’ VOWS TO END ALL US PAYMENTS OVER DRUGS
“Since President Gustavo Petro came to power, cocaine production in Colombia has exploded to the highest rate in decades, flooding the United States and poisoning Americans,” Treasury Secretary Scott Bessent wrote in a news release. “President Petro has allowed drug cartels to flourish and refused to stop this activity.”
Petro responded to the announcement on X, calling the sanction “a complete paradox.”
“Indeed, Bernie Moreno’s threat has come true; my children, my wife, and I have been added to the OFAC list,” Petro wrote in a post. “My lawyer in my defense will be Dany Kovalik from the USA. Fighting drug trafficking for decades and effectively has brought me this measure from the government of the society we helped so much to curb their cocaine consumption. A complete paradox, but not a step back and never on our knees.”
The Treasury accused Petro, his wife Veronica, eldest son Nicolás, and Minister of Interior Armando Benedetti of being involved in narcotics trafficking and narcoterrorism, which it said is continuing to fuel violence, corruption and instability in Colombia, while also “posing significant challenges to regional and international security.”
“Colombia remains the world’s top producer and exporter of cocaine,” officials wrote in a statement. “Cocaine from Colombia is often purchased by Mexican cartels, who then smuggle it into the United States via the southern border. It is a scheduled substance that is a significant drug threat to the United States, despite Gustavo Petro’s recent, flippant comparison of the use of the drug to whiskey.”
Petro, a former guerrilla member, was elected to the Colombian presidency in 2022.
Colombia’s President Gustavo Petro said he has hired an American attorney. (AP Photo/Fernando Vergara, File)
The department accused him of providing narco-terrorist organizations with benefits under the auspices of his “total peace” plan, among other policies, which officials said have led to record highs in coca cultivation and cocaine production.
The Treasury also alleged Petro has allied himself with Maduro, who is also under U.S. sanction, and the Cartel de Los Soles.
WITKOFF SCRAMBLES FOR PEACE DEAL WITH RUSSIA AS SANCTIONS LOOM TARGETING INDIA, CHINA
“Gustavo Petro’s erratic behavior has also driven Colombia further apart from its partners in additional ways,” officials wrote. “In 2024, he shared confidential information obtained via secure anti-money laundering communication channels, threatening the integrity of the international financial system and leading to the suspension of Colombia’s Financial Intelligence Unit from The Egmont Group.”
Petro’s son and political heir, Nicolás, was charged in 2023 with money laundering and illicit enrichment over allegations that he funneled money received from drug traffickers into his father’s “total peace” efforts and election campaign.
Colombian President Gustavo Petro was sanctioned along with his family and an associate. (AP Photo/Fernando Vergara)
He later admitted to receiving dirty money from a person formerly involved in narcotics trafficking and son of a contractor on trial for financing paramilitaries, according to officials.
President Donald Trump determined Columbia was a major drug transit or major illicit drug producing country on Sept. 15, finding it is “failing demonstrably” to uphold its drug control responsibilities.
TRUMP AND PUTIN’S RELATIONSHIP TURNS SOUR AS PRESIDENT PUSHES FOR RESOLUTION WITH UKRAINE
Property and assets belonging to those sanctioned, that are in the U.S. or controlled by people in the U.S., are frozen and must be reported to OFAC. Entities owned 50% or more by those sanctioned are also frozen, and U.S. citizens are generally prohibited from related transactions.
Violations can result in civil or criminal penalties, with OFAC able to impose civil penalties on a strict liability basis.
Principal deputy spokesperson Tommy Pigott added Secretary of State Marco Rubio will not certify Colombia under the criteria of the Department of State, Foreign Operations, and Related Programs Appropriations Act, 2024, as carried forward by the Full-Year Continuing Appropriations Act, 2025.
“The United States will not turn a blind eye to Petro’s appeasement and emboldening of narco-terrorists,” Pigott wrote in a statement. “We are committed to bringing terrorists and drug traffickers to justice and preventing deadly illegal drugs from entering our country. There must be no impunity for drug traffickers or acts of terrorism or violence by criminal armed groups.”
CLICK HERE TO DOWNLOAD THE FOX NEWS APP
“We remain steadfast in our support for Colombian security forces, its justice sector, and departmental and municipal officials, and we will continue to partner with them in our joint efforts to combat drug trafficking,” he added. “Today’s decision is not a reflection on these institutions but rather the failures and incompetence of Gustavo Petro and his inner circle.”
Sen. Bernie Moreno, R-Ohio, reacted to the announcement on X, saying “FAFO,” an acronym which stands for f— around and find out.
