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Article

11 Mar 2011

Author:
BBC

Colombia threatens companies who pay ransom to rebels

Colombian President Juan Manuel Santos has threatened to expel multinational companies who pay ransom money for the release of kidnapped employees. Mr Santos was speaking three days after 23 employees of a Canadian oil company were kidnapped by Colombia's largest left-wing rebel group, the Farc… All but one of the kidnapped employees were freed on Tuesday. "The rebels apparently mentioned 5,000 million pesos ($2.62m)…" the president said…However, a representative of the company targeted in the recent kidnapping, Talisman Energy, told the BBC that the company would never "contact, or negotiate with illegal armed groups, much less pay a ransom". Multinational companies have been known to pay large sums in ransom and extortion money to Colombian armed groups.