Wednesday, December 07, 2016

Pinochet's Kleptocracy

Nice post at CIPER Chile looks at the personal fortune that Chilean dictator Augusto Pinochet amassed over his years in power. The current estimate is at $28 million obtained illegally, which means using state resources for personal gain. This doesn't include money gained by his family members. There is a entire web of corruption.

Pinochet always maintained that he was different because he was just doing what was right for the country and did not seek personal gain. Therefore he wasn't a Ferdinand Marcos or Anastasio Somoza. Yet he was. When you have unfettered access to state money, you're going to steal it. Maybe be even more wary of those who claim to have a halo over their heads.


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