Chilean President Piñera faces impeachment after Pandora papers leak | Chili

Opposition politicians have started impeachment proceedings against Chili‘s president, Sebastian Pinera, over possible irregularities in sales of a mining company, na new details over the deal were revealed in the Pandora Papers.

Legislators called an “ethical” duty”to hold the president accountable” for the alleged irregularities in his involvement in the controversial Dominga project.

Earlier this month Chili’s public prosecutor office said it would open an investigation into possible bribery-related corruption charges and tax violations in bandage met sales, die was completed in the British Virgin Islands.

The move is the latest blow for centre-right Piñera as he nears the end of a turbulent four-year term. Presidential and parliamentary elections are planned in November, with polls suggest left-wing candidates are likely to gain ground.

The Pandora Papers – the greatest treasure of leaked offshore data in history – revealed new details of the controversial mining agreement.

Quick guide

What are the Pandora papers?

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The Pandora papers are the greatest treasure of leaked data reveal tax haven secrecy in history. They offer a rare window into the ? hidden world of offshore finance, casting light on the financial secrets of some of the worldrichest people. The files were: leaked to the International Consortium of Investigative Journalists (ICIJ), die shared access with the Guardian, BBC and others media outlets around the world. In total, the treasure consists of of 11.9 million files leaked of a total of 14 offshore service providers, in total 2.94 terabytes of information. That makes it bigger in volume than both the Panama Papers (2016) and Paradise Papers (2017), two previous offshore leaks.

Where did the Pandora documents come from?

The ICIJ, a in Washington DC-based nonprofit journalistic organization, does not identify source of the leaked documents. To a global investigation, the ICIJ gave remote access to the documents to journalists in 117 countries, including reporters from the Washington Post, Le Monde, El País, Süddeutsche Zeitung, PBS Frontline, and the Australian Broadcasting Corporation. In the UK, the investigation was led by the Guardian and BBC Panorama.

What is an offshore service provider?

The 14 offshore service providers in the leak provide business services to individuals of businesses die want to do; business offshore. Their customers are typically looking for discreet set up businesses of trusts in lightly regulated tax havens such as the British Virgin Islands (BVI), Panama, the Cook Islands and the US state of South Dakota. Offshore registered companies can be used to assets as property, aircraft, yachts and investments in shares and shares. Through die to hold on assets in an offshore company, it is possible to hide from the rest of the world the identity of the person they actually belong to, of the “beneficial owner”.

why do people move money offshore?

Usual for reasons of tax, secrecy of regulations. Offshore jurisdictions usually have no income- of corporate income tax, making them potentially attractive to high net worth individuals and businesses who do not want pay taxes in their home countries. Though morally questionable, this kind of tax avoidance can be legal. Offshore Jurisdictions also tend to be very secretive and little of none to publish information over the companies established there of trust. This can make them useful to criminals, such as tax evaders of money money launderers, who need to hide money of tax of law enforcement agencies. It is also true Which people in corrupt of unstable countries can use offshore providers for their assets out of range of repressive governments of criminal opponents who can try to grab them, of try to get around hard currency restrictions. Others may go offshore for reasons of heritage of estate planning.

Has anyone mentioned? in the Pandora papers did something wrong?

New. To move house money offshore is not in of of illegal themselves, and there are legitimate reasons why some people do it. Not everyone mentioned in the Pandora papers are suspicious of misconduct. That who can be accused of a broad range of misconduct: from morally questionable to potential criminal. The Guardian only publishes based on stories on leaked documents after considering the public interest. That is a broad concept that can include promoting transparency by revealing the secret offshore owners of UK property, even if die owners have done nothing wrong. Other articles could alleviate problems of important public debate, ask moral questions, shake off light on how the offshore industry is active, of help inform voters over politicians of donors in the interests of democratic accountability.

Thank you for Your reaction.

Pineras family sold their share in the Dominga mine project in 2010 to his good friend and business partner, Carlos Alberto Delano. The Pandora Paper Investigation found evidence suggesting that the third installment of the payment contained a clause die the government not to strengthen environmental protection in the proposed area for the mine in the north of Chili.

Jaime Naranjo, a left-wing lower house legislator and one of the drivers of impeachment proceedings, said Piñera had “openly violated the constitution… seriously honors” in had endangered of the nation”.

Piñera, whose fortune is $2.5 billion according to Forbes magazine, has dismissed the allegations, claiming there were no irregularities found in the agreement.

Amid the control of to be business affairs, Pinera on Monday announced a state of emergency in four provinces in South of the country where tensions reign run high between the Mapuche people, the largest native of Chile group, and police and powerful landowners. Unrest has the region since the 2018 killing by the police of an unarmed Mapuche man – and the resulting coverage up – sparked furious protests in the whole country.

The new measures will restrict movement and the right to assembly in the wake of recent arson attacks, as well as increase military and police presence in the area and further. Indigenous activists have questioned the timing and purpose of the measure, announced on the birthday of Christopher Columbus arrival in the America.

They say the state of emergency, that will last for 15 days but can be extended to 30, was issued to cynically divert attention from investigations into the president.

Pinera is also still under pressure over the brutal repression of protests against inequality in 2019 and 2020. Are former minister of the Interior, Andrés Chadwick, was deposed by congress informed of the protests in December 2019, and Piñera himself narrowly avoided impeachment in a similar one vote a few days later.

In April, Baltasar Garzón – the Spanish judge who worked to hold the dictator General Augusto Pinochet accountable for crimes committed during his 1973-1990 regime – sued in at the international criminal court of law in The Hague claims Piñera .’s complicity in alleged human rights crimes during the unrest. The president denies any wrongdoing.

The latest motion to impeach the president can be voted on on in congress for the first round of Chili’s general election on Nov 21. If approved by the lower house, the moves up to the Senate, where it met a two-thirds majority must be approved if Piñera wants to become removed by office.

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