The British connection to Pinochet’s lost millions
August 24th, 2009
August 24th, 2009
British authorities and the financial sector are linked for the first time to the late Chilean dictator’s £1bn fortune. Hugh O’Shaughnessy reports
Belfast Telegraph
Two-and-a-half years after the death of General Augusto Pinochet, a report by the Chilean police task force charged with investigating money-laundering has claimed that British authorities and the financial sector were complicit in hiding his massive ill-gotten fortune.
Though the Pinochet family protects the details of its wealth with the help of bankers and advisers from Britain and other countries, the pile of assets in cash, gold, government bonds and shares controlled by the family of the late dictator is now believed to amount to as much as £1bn.
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