New Graft Scandal Taints Chile’s Financial Sector and Regulators
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Chile’s securities regulator and its tax collection service announced internal investigations after a local news report alleged companies were bribing officials within both agencies.
The regulator, known as CMF, said in a statement it will also press charges against lawyers Luis Hermosilla and Maria Leonarda Villalobos, and businessman Daniel Sauer, a partner at now defunct brokerage firm STF Capital and factoring company Factop. Local investigative news service Ciper posted audios Tuesday online of them allegedly conspiring to bribe CMF agents and tax officials.