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Godfathers of Chilean right charged with tax fraud, bribery and money laundering
Source: The Guardian
Godfathers of Chilean right charged with tax fraud, bribery and money laundering
Jonathan Franklin in Santiago
Wednesday 4 March 2015 23.50 GMT
Chile’s top prosecutor has filed tax fraud, money laundering and bribery charges against senior former officials and financiers of a rightwing political party created to perpetuate the economic legacy of dictator Augusto Pinochet.
Sabas Chahuán, the national public prosecutor, argued that evidence of widespread bribery of top officials in the mining ministry and millions of dollars in fake contracts was sufficient to request the immediate detention of Carlos Delano and Carlos Eugenio Lavín, both of whom are controllers of the Penta Group, a financial holding company that claims some $30bn in assets.
“What we have here, your honour, is an economic conglomerate with tax evasion as part of its culture,” said prosecutor Carlos Gajardo in his closing statement. “From the highest executive down to the last janitor, everyone submitted fake invoices … The Penta corporation has evolved into a machine to defraud the state.”
Delano and Lavín, long considered political godfathers for the Chilean right, were also accused of funnelling hundreds of thousands of dollars to rightwing political candidates over the past decade.
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Jonathan Franklin in Santiago
Wednesday 4 March 2015 23.50 GMT
Chile’s top prosecutor has filed tax fraud, money laundering and bribery charges against senior former officials and financiers of a rightwing political party created to perpetuate the economic legacy of dictator Augusto Pinochet.
Sabas Chahuán, the national public prosecutor, argued that evidence of widespread bribery of top officials in the mining ministry and millions of dollars in fake contracts was sufficient to request the immediate detention of Carlos Delano and Carlos Eugenio Lavín, both of whom are controllers of the Penta Group, a financial holding company that claims some $30bn in assets.
“What we have here, your honour, is an economic conglomerate with tax evasion as part of its culture,” said prosecutor Carlos Gajardo in his closing statement. “From the highest executive down to the last janitor, everyone submitted fake invoices … The Penta corporation has evolved into a machine to defraud the state.”
Delano and Lavín, long considered political godfathers for the Chilean right, were also accused of funnelling hundreds of thousands of dollars to rightwing political candidates over the past decade.
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Read more: http://www.theguardian.com/world/2015/mar/04/chile-right-fraud-bribery-money-laundering-pinochet
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