Chile Probes US$25M in Codelco Union Loans

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The body was unanimously approved and will also seek to clarify the allocation of resources for structural projects. Rep. Daniel Valenzuela (ind.-RN), the promoter of the initiative, said that credits to trade union organizations exceed $25 billion.

Noticias Chile | Informadorchile |

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The Chamber of Deputies gave its unanimous approval for the formation of a Special Investigative Commission on Codelco, an organization that will try to clarify possible irregularities in the administration of the state company. The proposal was promoted by Congressman Daniel Valenzuela Salazar (IND-RN) and consists of analyzing financial operations, productive results and...

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The body seeks to clarify new irregularities in the management of the state cuprifera, by means of an inquiry regarding the inconsistencies in the report and accounting of the copper production of the state, corresponding to the years 2024 and 2025.

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The independent parliamentarian- RN, driving the initiative, stressed that the House supported the creation of this oversight body, which will investigate possible productive duplications, loans to trade union organizations for more than $25 billion and the execution of the structural projects of the state cuprifer. The Chamber of Deputies unanimously approved [...]