ABSTRACT

On January 17, 2019, 22 people died after a car-bomb attack at the central police training centre in Bogota, Colombia. The government immediately labelled the event as a “terrorist action”. The Ejercito de Liberacion Nacional (ELN), one of the world's last leftist guerrillas, was made responsible for the explosion of 80 kilograms of pentolite hidden in an old truck. This chapter localises the Colombian case in the existing literature on terrorism financing. It describes the underpinnings of the Colombian intelligence system against terrorism financing. The traditional literature focuses on the ways in which terrorism and money are intertwined, by exploring terrorist organisations’ reliance on specific budgets. Most of the focus is on costs. The statutory bill 1621 of 2013, or the Colombian Intelligence Law, was enacted during the second year of the peace agreement negotiations between the government and the FARC-EP.