Petro government attempts to takeover EMSA board

Regulation & Policy    Mar 26, 2026 7:58 PM

The Petro government's Group of State Participations within the Ministry of Finance has proposed reforms to the bylaws of the Electrificadora del Meta (EMSA) that would alter the rules for appointing the company's directors — a move that minority shareholders are publicly resisting on the grounds that it would tilt corporate control toward the national government and undermine the merit-based selection processes built up in recent years.

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