The Superintendencia Financiera de Colombia condemned Acción Fiduciaria to pay nearly $900 million for the sale of commercial units in the BD Bacatá project in Bogotá. ^[1] The Delegatura for Jurisdictional Functions of the Superintendencia Financiera announced on 2026-04-12 a decision ordering Acción Fiduciaria to return over COP 950 million to an investor in the BD Bacatá project. ^[2] The financial regulator ordered Acción Fiduciaria to return approximately 950 million pesos related to the commercial sales of the BD Bacatá project. ^[3] The Superintendencia Financiera of Colombia issued a condemnatory ruling against Acción Fiduciaria regarding the BD Bacatá project in Bogotá. ^[4] Lawyer Jhon Morales asserted that the Superintendencia Financiera will order the total restitution of the investor's resources plus indexation to present value. ^[5] The condemnation amount will exceed $950 million in pesos and must be reintegrated within a period not exceeding 15 days after the decision becomes final. ^[6] The fiduciary delivered the BD Bacatá real estate project in partial operation despite a contractual restriction that prohibited such delivery when the construction stage was not fully completed. ^[7] Jhon Morales, the lawyer for the investor, stated that the refund amount includes monetary updates and exceeds COP 950 million. ^[8] The judicial authority concluded that Acción Fiduciaria failed to exhaust professional duties related to studying the economic viability and predicting risks surrounding the construction of the 240-meter skyscraper. ^[9] The ruling applies to a specific individual process and does not automatically mandate refunds for all buyers of fiduciary rights in the BD Bacatá project. ^[10] The Superintendencia Financiera established that Acción Fiduciaria did not have experience in the construction or operation of mixed-use projects like BD Bacatá. ^[11] The liquidation of the trusts surrounding the Edificio Bacatá was decreed in 2021. ^[12]