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General Controller concerned with ICP audit and findings

Thursday, October 8th, 2015 Category: Regulations & Policy

The General Controller performed an audit of the Colombian Petroleum Institute (ICP), the research institute of Ecopetrol (NYSE:EC) and found 15 administrative findings, two fiscal and four “disciplinary” cases in its contracts worth a total of CoP$1.072B (US$370,000). Questions on an unsuccessful building of a butterfly sanctuary were also raised.

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