Monómeros Colombo-Venezolanos has allegedly allocated resources to finance in Colombia the activities of the Bolivarian movement championed by Venezuelan President Hugo Chávez. As a result, a group of Colombian executives have resigned, reported on Friday Colombian newspaper El Espectador.

The Bogotá newspaper said that a group of persons from Caracas arrived some months ago in the Colombian city of Barranquilla, the seat of the fertilizers manufacturer. These people started to order that funds from the company were provided to Colombian individuals and entities with the aim of promoting the ideas of Chávez, DPA reported.

Colombian top executives of Monómeros, Héctor Rodelo and Gian Piero Celia, managing director and chief financial executive, respectively, had to transfer some funds, in compliance with those guidelines. Both of them decided to quit for being at odds with this policy, El Espectador reported.

According to the newspaper, among those who received money from the Venezuelan company were Colombian Senator Piedad Córdoba, a personal friend of Chávez and one of the fiercest members of the opposition to the government of Colombian President Alvaro Uribe.