Colombia: Maserati sports cars smuggled in at stated prices much lower than true value

Posted on February 22, 2012 • Filed under: Colombia, Corruption

The director of the Dian, Juan Ricardo Ortega, made explosive allegations of smuggling and other irregularities within their institution. Another explosive allegations the officer has to do with the organization found that nine vehicles of the Maserati brand, “with a bargain price of 70 million each,” when in the sports car market a brand that can cost between 500 and 700 million pesos. It is a clear case of smuggling, if you consider that this car costs the equivalent of 300 million U.S. dollars, excluding taxes, Ortega said. So, that same car would be worth between 500 and 600 million with all tariffs in Colombia: “They put a value of Kia to Maserati,” said the official. Read Article

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