Luis Felipe Henao Takes Over Colombia’s Earthquake Fund After Payroll Controversy
Colombian President Abelardo de la Espriella has appointed former Housing Minister Luis Felipe Henao to manage the Fondo Milagro, the trust responsible for financing reconstruction after the Aug. 10 earthquake. Henao replaces Jaime Andres Uribe, who resigned amid questions over the fund’s monthly payroll of 765.6 million Colombian pesos (approximately US$231,200) and the pace at […]
Colombia's new Fondo Milagro director, Luis Felipe Henao, has accepted the role without a salary. President Abelardo de la Espriella appointed the former Housing Minister to manage the earthquake recovery fund following controversies over the fund's payroll. Henao will serve without receiving a salary, pledging to build a modest administrative team and manage resources transparently.
The controversy began after the fund disclosed its payroll, revealing a monthly expense of 765.6 million Colombian pesos. President de la Espriella rejected the salaries, citing his government's austerity directive.
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