Financial Times FT.com

Energy company chiefs flee Bolivian courts

By Hal Weitzman in La Paz

Published: March 10 2006 20:49 | Last updated: March 10 2006 20:49

Repsol’s top two executives in Bolivia were in hiding on Friday after a judge ordered their arrest on charges of oil smuggling and tax evasion.

Prosecutors in the south-eastern city of Santa Cruz raided the offices of Andina, a subsidiary of the Spanish energy group, on Thursday and seized documents. However, they were unable to find Julio Gavito and Pedro Sánchez, who were ordered to be detained after they failed to appear in court.

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