Chile Comptroller to review Piñera blind trusts over possible conflict of interest

Upon assuming his first term in office in 2010, Piñera created a series of blind trusts allowing third parties to administer his fortune while avoiding conflicts of interest.

RIO DE JANEIRO, BRAZIL - Chile’s Comptroller’s Office on Thursday requested information from the local financial market regulator and private brokerages regarding the blind trusts of President Sebastian Piñera, as part of a probe into a possible conflict of interest.

The request was made after a congressional committee found that two entities that manage some of Piñera’s money have investments in the local Enjoy casino, which was favored by a decree issued in January by President Piñera, reportedly a billionaire businessman before his election.

Through a statement, the president’s office said it was in . . .

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