Abu Dhabi, UAEWednesday 21 October 2020

Pablo Escobar’s nephew finds $18m bag of cash hidden in uncle’s old house

Some banknotes were not useable, having decayed in wall for many years

A nephew of the notorious drug lord Pablo Escobar says he has found a plastic bag full of money, worth $18 million, in the wall of one of his uncle’s houses.

Nicolas Escobar told Colombian media that “a vision” led him to search the house in his uncle's home city of Medellin.

Several sightings of a mysterious man entering the house and disappearing also prompted him to look through the building.

"Every time I sat in the dining room and looked towards the car park, I saw a man entering the place and disappearing," Mr Escobar told Colombian TV channel Red+ Noticias.

"The smell was astonishing – a smell 100 times worse than something that had died."

Some of the bank notes were unuseable, having decayed in the wall for many years.

Mr Escobar said he also found a typewriter, satellite phones, gold pen, a camera and an undeveloped roll of film, which could provide fascinating new insights into the narco's life.

It was not the first time Mr Escobar had found hidden money in his uncle’s houses.

The drug baron, who led the Medellin Cartel that at one time provided America with 80 per cent of its cocaine, is thought to have hidden millions of dollars in his city hideouts.

At the height of his wealth, Forbes estimated Pablo Escobar to have been the seventh richest person in the world.

The “King of Cocaine” even ran for president once, but was unsuccessful.

Colombian police killed him in a rooftop shootout in 1993. At the time, he had amassed an estimated net worth of $30 billion, equal to $59bn today.

Updated: September 25, 2020 01:00 PM

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