translated from Spanish: Francisco Frei Ruiz-Tagle’s Black Day: raided his office and filed $500 million lawsuits

The raid of the offices of Francisco Frei Ruiz-Tagle, located on the seventh floor of the building at Calle Moneda 812, downtown Santiago, by staff of the Economic Crimes Investigative Brigade of the DP I, was one of the milestones of a black day for the youngest of the clan Frei Ruiz-Tagle, considered the favorite brother of former President Eduardo Frei.
The police diligence followed the self-report carried out by Francisco Frei, before the Public Prosecutor’s Office, for having carried out several financial operations that affected the assets of the other representative for a sum of about 500 million pesos in society Inversiones Saturno S.A., which belongs to the former Mandatario and his wife Marta Larraechea, as revealed by Interference. But the picture may be even more complex for Francisco Frei Ruiz-Tagle. As reported by La Tercera, the amounts of the scam would be even higher. “According to those who have been in close contact with the marriage of former President and Marta Larraechea, the former member of TVN’s board would have harmed them by amounts ranging from $1.5 billion to $2 billion,” the media.”
In fact, the Prosecutor’s Office carried on other raids, after the lawyers of former President Eduardo Frei and Saturno S.A reported new facts “not contained in the defendant’s self-report”. For this reason, the Seventh Guarantee Court of Santiago authorized a request made by the prosecutor Francisco Jacir, of the Public Prosecutor’s Office Centro Norte, to also pave the company Almadena S.A, owned by Francisco Frei; the house of the former president’s brother; in addition to the address of an accountant.
Another data that affects Francisco Frei Ruiz-Tagle in his judicial-commercial situation. Based on a review of the judiciary system, La Tercera revealed that the former TVN board member has “at least five third-party claims for unpaid promissory notes and cheques protested at $469 million over the past month. That, in addition to having 21 unpaid documents in its business profile, which equates to $587 million pesos.”
Huenchumilla’s Call
Politically, there were also impacts for Francisco Frei Ruiz-Tagle, because his party, the Christian Democracy decided to suspend its militancy in the store where he became National Secretary during the presidency of Alejandro Foxley, between 1994 and 1997.
Through his Twitter account, party president Fuad Chahen said that the “Directive Table of the @PDC_Chile has requested the Supreme Court to suspend the immediate pre-emptive suspension of Francisco Frei’s militancy and stand in solidarity with the victims of his actions, starting with by his own family. We look forward to a thorough investigation from Public Prosecutions,” he added.
But what happened with Frei Ruiz Tagle also opened up a back-to-back issue, about the relationship between politics and business, and the involvement of DC militants in companies, according to what Senator Francisco Huenchumilla raises.
The parliamentarian considered “very regrettable what has happened to former President Frei with the break of trusts given to him by his brother Francis. It must be very painful for him and his family, so under that it has my solidarity.”
In this regard, he commented that “when it comes to public personalities, ethical standards are greater than those of a simple citizen for this reason, it is right that the Christian Democracy has suspended it from its membership.”
However,” Huenchumilla noted, “here is a fundamental problem that cannot be swebed, the policy is incompatible with business. Who likes business, let him do it, but he can’t devote himself to politics.”
Huenchumilla recalled that “today there are militants of the Christian Democracy who are members of large private companies and I believe that they cannot meddle in politics or in the internal affairs of dc. It would well be the DC board to examine this situation in such a way that militants either engage in politics or engage in business, but both are incompatible.”

Original source in Spanish