Report of Foreign Issuer (6-k)
August 24 2017 - 8:26AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report Of Foreign Private Issuer
Pursuant To Rule 13a-16 Or 15d-16 Of
The Securities
Exchange Act Of 1934
For the month of August 2017
Commission File Number: 000-54290
Grupo Aval Acciones y Valores S.A.
(Exact name of registrant as specified
in its charter)
Carrera 13 No. 26A - 47
Bogotá D.C., Colombia
(Address of principal executive office)
Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F:
Indicate by check mark if the registrant
is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant
is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
GRUPO AVAL ACCIONES Y VALORES S.A.
TABLE OF CONTENTS
ITEM
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1.
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Report of Relevant Information dated August 23, 2017
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Item
1
Bogota
D.C., August 23, 2017
With
respect to the press release made by the Colombian General Attorney´s Office relating to the
preventive
detention of
Mr. José Elías Melo Acosta, who served as President of Corficolombiana S.A. (“Corficolombiana”),
an affiliate of Grupo Aval S.A. (“Grupo Aval”) for 8 years until May 2016, as part of the investigation concerning
corrupt practices conducted by Odebrecht and Colombian Government officials, Grupo Aval informs the following:
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We
are shocked by the preventive detention order against Corficolombiana’s former president. We hope that Mr. Melo, who has
not admitted to the charges, may be able to prove his innocence.
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With
respect to the foregoing, our investigations with respect to this matter concluded that (i) Grupo Aval did not participate in
the corrupt practices associated with the Ruta del Sol II concession contract, (ii) the Board of Directors of Grupo Aval was not
aware, nor did it approve illegal payments to third parties regarding Ruta del Sol II concession contract.
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Grupo
Aval’s corporate policies applicable to its subsidiaries strictly demand compliance with applicable regulation in all its
business conduct. Accordingly, if any person committed a violation of the law, such conduct was performed of his own accord and
in clear abuse of the trust placed in him to perform his obligations.
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We
trust in the different State authorities and we expect that the ongoing investigations are thoroughly conducted in order to identify
and establish the responsibility of those individuals that participated in these corrupt practices to whom we expect to be prosecuted
to the full extent of the law. We reaffirm our commitment to cooperate with authorities, in any matter they consider necessary
during this process.
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As
noted in prior press releases since the very first day in which these practices were known, the management of Concesionaria Ruta
del Sol S.A.S. (the “Company”) was performed by Odebrecht, which insisted and imposed its will, given that it is the
clear majority owner of the Company. It is worth noting that the companies of the Odebrecht group own 62% of the shares of the
Company and therefore they operate and control it. Episol S.A.S., an affiliate of Corficolombiana, holds a minority stake (33%);
therefore it does not has controlling power.
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Finally,
we will make use of all the available legal remedies against the individuals responsible for the loss and damages caused by this
situation.
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SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
Date: August 23, 2017
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GRUPO AVAL ACCIONES Y VALORES S.A.
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By:
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/s/ Jorge Adrián Rincón Plata
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Name:
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Jorge Adrián Rincón Plata
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Title:
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Chief Legal Counsel
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