Salvadorean Carriers Pay $36 million in Extortion

Despite the increase in extortion payments, 33 drivers died at the hands of criminals in 2013.  

Thursday, December 19, 2013

Catalino Miranda, representing the Federation of Transport Unions (FECOATRANS) said "this amount of money was paid by the employers of the 10,500 units that exist at the national level." In 2012 it reported $18 million in extortion payments.

Miranda said that for 4 years the rate of transport has not increased despite the raise in fuel, spare parts and the complications of traffic.

FECOATRANS leader "asked the next government to generate a stable environment in order to renew the fleet, modernize the mechanisms, tools and techniques needed to provide efficient processes," noted an article in Laprensagrafica.com.



More on this topic

Perception of Safety by Businesses in El Salvador

May 2013

A survey of Salvadoran entrepreneurs reveals that during 2012, 66% of their companies or their staff were affected up to twice by extortion, kidnapping and murder.

The Survey ENADE 2013 assesses businesses' perception of the performance of government officials, in public safety, fiscal policy and democratic institutions.

New Measures to Combat Extortion in El Salvador

May 2013

The Government will be seeking support from the private sector in order to create an antiextorsion model in order to initiate an attack against those who commit this crime.

"We will have a meeting with them in order to examine the possibility of forming an antiextorsion board.

$1.2 Billion: The Cost of Insecurity in El Salvador

January 2010

Costs related to crime in El Salvador top $1.2 billion each year, or 5.4% of the Gross Domestic Product.

The business sector spends $600 million a year hiring private security services, losses for theft reach $300 million, and the state spends an additional $300 million in hospital and emergency costs.

El Salvador: Security Costs Reach 11%

September 2009

Security costs at Salvadoran companies are on the rise, together with recent increases in crime.

The American Chamber of Commerce of El Salvador (AmCham), showed its concern for the issue, which generates expenses unrelated to the natural cost structure of each activity.

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