FARC 'earns $2.4 to $3.5 billion' from drugs, says Colombian government
鈥� researches, analyzes, and investigates organized crime in the Americas. Find all of Geoffrey Ramsey's
The government's estimate that the聽makes up to $3.5 billion annually in profits from the聽drug trade is staggering, but may not be entirely accurate.
Speaking at a forum organized by the University of Miami on Oct. 23, Colombian Defense Minister Juan Carlos Pinzon provided the government鈥檚 on the illicit activities of the Revolutionary Armed Forces of Colombia (FARC). According to Pinzon, the FARC makes between $2.4 and $3.5 billion annually from the drug trade. He added that of the 350 tons of cocaine produced in Colombia annually, some 200 can be linked back to the guerrillas.
Whereas the FARC were believed to have some 20,000 fighters at their peak in 2000, Pinzon said that they currently number 8,147, a drop of more than 50 percent in the past decade. Still, he noted that the rebels are 鈥渁 very different organization鈥� than before, having lost several top commanders in recent years.
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Estimating the size of the FARC鈥檚 total budget is an inexact science. Pinzon鈥檚 estimate of the rebels鈥� profits from the drug trade differs widely from a released by the Attorney General鈥檚 Office, which put their total profits at around $1.1 billion. Both of these assessments are far higher than calculation in 2003, which listed the FARC鈥檚 annual income at no more than $342 million, with $204 million coming from the drug trade.
Additionally, Pinzon鈥檚 assertion that the FARC are 鈥渓inked鈥� to nearly two-thirds of cocaine produced in Colombia is a deceptively broad statement. These links can range from involvement in overseeing the early stages of coca cultivation and processing to directly exporting shipments of the drug into neighboring countries like Venezuela or Ecuador. While the guerrillas have been known to , the former arrangement is .
Ultimately it may be best to take Pinzon鈥檚 figures with a grain of salt. He is likely playing the hardline "bad cop" at the same time as the government with the guerrillas to try to end the country's five-decade-old conflict. At the negotiating table the FARC are recognized as having political aspirations and their involvement in the drug trade is barely on the agenda for the talks. By focusing on the rebels鈥� criminal activities in his public comments, Pinzon may be sending a signal to FARC leaders that a failure to follow through on the peace process could see them permanently labelled as nothing more than "narco-terrorists."
鈥� is a writer for Insight 鈥� Organized Crime in the Americas, which provides research, analysis, and investigation of the criminal world throughout the region. Find all of his research .
