Pinocheques

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Pinocheques were three cheques of total US$3,000,000 paid in mid-1989 by the Chilean army to Augusto Pinochet, Jr., the son of former dictator General Augusto Pinochet for the purchase of bankrupt "Valmoval", a small rifle company in 1987.

Cheque method of payment

A cheque, or check, is a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, known as the drawer, has a transaction banking account where their money is held. The drawer writes the various details including the monetary amount, date, and a payee on the cheque, and signs it, ordering their bank, known as the drawee, to pay that person or company the amount of money stated.

Augusto Pinochet Former dictator of the republic of Chile

Augusto José Ramón Pinochet Ugarte was a Chilean general, politician and dictator of Chile between 1973 and 1990 who remained the Commander-in-Chief of the Chilean Army until 1998 and was also President of the Government Junta of Chile between 1973 and 1981.

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Pinochet's son was not under the rifle company's owner and no reason could be found for the payment.

The payment was investigated 1990 by a parliamentary investigative committee chaired by Jorge Schaulson.

On 19 December 1990, General Pinochet, still commander-in-chief of the army, stormed into the army headquarters and placed the 57,000 member force in alert, in what the general called a "ejercicio de enlace" (Spanish for Link exercise) and asked for an end to the investigation. Similar pressure was applied in May 1993 again with boinazo (Spanish for Putsch with the beret ). [1] [2]

Beret Flat-topped, visorless cap

A beret is a soft, round, flat-crowned hat, usually of woven, hand-knitted wool, crocheted cotton, wool felt, or acrylic fibre.

The Chilean justice system continued to investigate the payment, but in 1994 as the Chilean Supreme court had to make a decision, the President of Chile Eduardo Frei Ruiz-Tagle asked them to stop the case for reasons of state. [3]

Eduardo Frei Ruiz-Tagle Chilean politician and former President

Eduardo Alfredo Juan Bernardo Frei Ruiz-Tagle is a Chilean politician and civil engineer who was President of Chile from 1994 to 2000. He was also a Senator, fulfilling the role of President of the Senate from 2006 to 2008. He attempted a comeback as the candidate of the ruling Concertación coalition for the 2009 presidential election, but was narrowly defeated. His father was Eduardo Frei Montalva, who was President of Chile from 1964 to 1970.

The disclosure of the Riggs Bank accounts reignited in 2005 the case against Pinochet in Chile. Judge Manuel Valderrama investigated whether the three purchase checks for Valmoval wound up in Pinochet's secret accounts, but in 2010 the suit was discontinued without results. [4]

Riggs Bank former Washington D.C.-based commercial bank

Riggs Bank was a bank headquartered in Washington, D.C. For most of its history, it was the largest bank headquartered in that city. On May 13, 2005, after the exposure of several money laundering scandals, the bank was acquired by PNC Financial Services.

The armed forces' ejercicio de enlace-standoff was the worst crisis of the (then) 3-year-old coalition government of President Patricio Aylwin.

Patricio Aylwin Chilean politician and former President

Patricio Aylwin Azócar was a Chilean politician from the Christian Democratic Party, lawyer, author, professor and former senator. He was the first president of Chile after dictator Augusto Pinochet, and his election marked the Chilean transition to democracy in 1990. Despite resistance from elements of the Chilean military and government after his election, Patricio Aylwin was staunch in his support for the Chilean National Commission for Truth and Reconciliation which exposed the Chilean government's brutalities.

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References

  1. Article Mi historia personal del boinazo in La Nación (Chile) on 17 December 2006 by Alberto Luengo, retrieved on 27 May 2011
  2. About the situation in the "Moneda" during the boinazo, see Article (interview) in the newspaper La Segunda (Chile) “Infidencias” de ex presidente del CDE: Pactos, gestiones y fracasos del caso Pinocheques on 19 June 2009, in Spanish language
  3. Article Frei descartó presiones militares para cerrar el caso de los "pinocheques" in cooperativa.cl on 27 May 2011, retrieved on 27 May 2011, in Spanish language
  4. Article Sobreseen caso “Pinocheques”, retrieved on 27 May 2011, in Spanish Language