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Monday, September 14, 2026

Analysis Colombia

What Is Documented About De la Espriella and the Gilinski Group

By · September 14, 2026 · 5 min read

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COLOMBIA · MEDIA AND POLITICS

Key Facts

  • What is reported Links between President Abelardo De la Espriella’s campaign and the Gilinski business group.
  • Who reported it La Silla Vacía, a Colombian investigative outlet.
  • The central item A campaign loan of 17,500 million pesos, about US$4.4 million, from Gilinski-controlled GNB Sudameris.
  • The media element Semana, owned by the Gilinskis, ran 133 campaign videos without labelling them as electoral material.
  • The response The campaign refused the outlet’s questions. Semana and the president’s lawyer demanded a rectification.
  • What is not established Any finding by a court or electoral authority. Nothing has been adjudicated.

A bank loan, a media group and a cabinet appointment sit in the same reporting. Each element is documented, contested, and none of it has been before a court.

Plaza de Bolívar, Bogotá, Colombia
What Is Documented About De la Espriella and the Gilinski Group
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Colombian reporting has set out several links between President Abelardo De la Espriella’s campaign and the Gilinski business group. The president’s side disputes the framing.

What La Silla Vacía Reported

The outlet published an investigation into the president’s business and political circle during the campaign and after it.

Its central financial item is a loan to the runoff campaign of 17,500 million pesos, roughly US$4.4 million. The lender is GNB Sudameris, a bank controlled by the Gilinski group.

Campaign lending by banks is lawful in Colombia and is regulated rather than prohibited. The question the reporting raises is one of proximity, not legality.

The outlet also reported that the Gilinskis attended the inauguration on 7 August as guests.

The Media Strand

Semana is one of Colombia’s largest news magazines and is owned by the Gilinski family.

La Silla Vacía reported that Semana ran 133 of the campaign’s videos in full, without labelling them as electoral propaganda.

Labelling matters under Colombian electoral rules because it determines whether coverage counts as campaign spending or as journalism.

This is the element with the clearest public-interest bite. It concerns disclosure to readers rather than a private commercial arrangement.

The Appointment

Sandra Suárez was appointed director of the Department for Social Prosperity, the agency that runs Colombia’s main cash transfer programmes.

She had previously advised Semana and sat on its board alongside Gabriel Gilinski.

Moving from a media board to a senior public post is not unlawful and is not unusual in Colombia.

It is reported here because it sits in the same circle as the other items, not because any impropriety has been established.

The presidential palace, Bogotá
A rectification demand is a recognised instrument in Colombian media law.

What the President’s Side Says

The campaign declined to answer La Silla Vacía’s written questions. It described them as captious and tendentious.

Semana and the president’s lawyer subsequently sent the outlet a formal rectification demand.

A rectification demand is a recognised instrument in Colombian media law. It obliges an outlet to consider correcting material it published.

That demand is part of the record and belongs in any account of this reporting. Readers should know the material is contested.

What We Are Not Reporting, and Why

Several claims circulating alongside this material do not meet a publishable standard, and we are naming them rather than repeating them.

One outlet has alleged a coordinated media operation to manufacture the president’s standing. It is unbylined, offers no data and carries no response from anyone named.

A figure of 2,100 million pesos in Gilinski and Semana campaign money is also circulating. That money financed a different candidate, Vicky Dávila.

A claim that De la Espriella acted as the Gilinskis’ lawyer in the Nutresa and Sura takeover does not hold. El Tiempo’s own reporting on that deal names different firms.

There is also no allegation on record involving the Santo Domingo group. Its chairman joined a reconstruction summit in Quibdó in September, which is cooperation rather than a claim.

Colombia
The Gilinski group is a major force in Colombian banking, food and media.

Why Any of This Matters to Outsiders

Colombia elected a president with a business and legal career rather than a political one. Mapping his commercial relationships is ordinary scrutiny.

The Gilinski group is a major force in Colombian banking, food and media. Where it overlaps with a presidency, the overlap is a matter of public interest.

For foreign investors, the practical question is regulatory independence. A banking group close to an administration is a governance question, not a scandal on its own.

None of this is a finding of wrongdoing. It is a map of relationships that readers are entitled to see.

What Is Not Known

No electoral authority or court has examined the campaign loan. No proceeding has been reported.

The Gilinski group has not issued a public response to the reporting beyond the rectification demand sent through Semana.

Whether the outlet will amend its material is not known. The rectification process had not concluded at the time of writing.

Frequently Asked Questions

What is the reported campaign loan?

17,500 million pesos, about US$4.4 million, from GNB Sudameris to the runoff campaign, as reported by La Silla Vacía.

Is campaign lending by banks legal in Colombia?

Yes. It is regulated rather than prohibited, and no authority has examined this loan.

What is the Semana element?

The magazine, owned by the Gilinskis, ran 133 campaign videos without labelling them as electoral propaganda.

Has the president responded?

His campaign refused the outlet’s questions, and Semana and his lawyer sent a formal rectification demand.

Is the Santo Domingo group implicated?

No. No allegation involving that group exists in this reporting.

Has anything been adjudicated?

No. No court or electoral authority has made any finding.

Sources: La Silla Vacía, El Tiempo, Semana, Portafolio, El Espectador.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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