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Chile replies strongly to CFK: Piñera sold his stake in Lan ‘to avoid conflict of interests'

Monday, September 2nd 2013 - 19:54 UTC
Full article 37 comments

The Chilean government replied strongly to suggestions from Cristina Fernandez referred to President Sebastian Piñera and his personal fortune saying that in Chile ‘the president and high officials once elected must abide by rules of transparency” and that is why the president voluntarily agreed to sell his stake in LAN airlines before taking office to avoid a conflict of interests. Read full article

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  • Marcos Alejandro

    Mr. Piñera a few days ago :-)

    http://www.portalnet.cl/comunidad/weoo-grafico.189/1069572-webeo-nivel-dios-las-fotos-mas-troll-por-el-porrazo-de-pinera.html

    Sep 02nd, 2013 - 08:45 pm - Link - Report abuse 0
  • Condorito

    CFK is clearly deranged.
    She seems to be implying that Piñera did wrong by giving up his stake in Lan on becoming president. To most sane people his actions would be considered correct and transparent. The complete opposite of what CFK/Campora are with AR.

    Sep 02nd, 2013 - 08:57 pm - Link - Report abuse 0
  • Sergio Vega

    What a joke....!!!!

    The Queen of the Thieves giving lessons of transparency and integrity......!!!!Maybe she should teach her son how to behave as a decent guy not following her example.....instead of becoming the laugh of the world as the dear bipolar bitch she is....
    When the reason is not enough to win a debate, the insults and disqualification become the best argument to lose it......dear Lady Potox
    Fortunately, the most of Argentine people are the opposite to her and are friendly, decent and cults....I´m sure they are desaprobing her attitude and words......

    Sep 02nd, 2013 - 09:03 pm - Link - Report abuse 0
  • Troy Tempest

    3 Sergio
    “The Queen of the Thieves giving lessons of transparency and integrity......!!!!Maybe she should teach her son how to behave as a decent guy not following her example.....”

    Total control of her altered reality that is La Campora's Argentina. A bit like N Korea.

    ...speaking of which, did you hear that the Supreme Leader had his girlfriend ( “girlfriend experience” anyway) executed for pornography?

    https://www.google.ca/m/search?q=Joy+Party+executions&source=univ&tbm=nws&tbo=u&sa=X&ei=rTglUoTYNcO7jALRg4DwDg&ved=0CCoQqAI

    Sep 02nd, 2013 - 09:15 pm - Link - Report abuse 0
  • GFace

    @3.. Indeedly doodely, Sergio. Let's open up the Lan, Tam and Aerolineas books up for all to see. That will be amusing.

    Sep 02nd, 2013 - 10:00 pm - Link - Report abuse 0
  • Anglotino

    “Yes, believe it or not, in the main editorial of Brazilian newspaper O Globo, one of the largest in the world, it admits as a ‘historic mistake’ the vast media support given to the military that ruled Brazil during 21 years”

    Who will come out eventually and apologise for the years that Argentina will endure Kirchnerism?

    Will there be any free media left by then to report it?

    Sep 03rd, 2013 - 12:12 am - Link - Report abuse 0
  • Think

    TWIMC (and my Shilean little brothers)

    Mr. Piñera did (not voluntarily though, but correctly advised by his spin doctors) the right thing giving up his stake in LAN CHILE on becoming president.......

    But he, his closest family and associated didn’t do the same with HIDROAYSEN though........

    Seems to be that, only in one week speculation with Hidroaysen’s shares his little “Entourage” made ~10 times more money than the official fortune of Ms. Cristina Fernandez de Kirchner......

    Dear hermanitos Shilenos.....
    Don't be soooo sanctimonious.....
    We are all in the same boat….., just in slightly different decks.....

    Fraternales sludos del Chubut
    El Think.

    Sep 03rd, 2013 - 12:29 am - Link - Report abuse 0
  • Iron Man

    Oh no! Now the Argies are so good at fraud they are exporting it! Is this what CFK means by 'the model'?

    http://management.fortune.cnn.com/2013/08/30/argentina-la-salada/?iid=HP_River

    Sep 03rd, 2013 - 02:24 am - Link - Report abuse 0
  • pgerman

    When the Argentine government intervened Aerolineas Argentinas and put the company under the control of the Public Budget without respecting the interests, or the rights, of the Spanish private concessionaires they used the argument was a decision that had been taken because “a country of the extension of Argentina could not be without air connection.”

    Based on this argument they justified an AA deficit of nearly three million dollars per day.

    Now, that there are other private companies, such as LAN, that are willing to connect the country, the Government is trying to combat competition with unfair commercial practices.

    It must be clarified that the current status of AA is a strange one. It is the one of a private company operated by public servants with the state budget but the controls remains the ones of a private company. So annual balance sheets are not made public.

    It my understanding that this is the only reason for trying to expand the service .. the more aircraft fly the more expenses and more acts of corruption can be performed.

    A factor to take into account is that I have been in contact with Argentines that are stopping to use AA services foe the fear of a plane crash since all the public transport services that this under government control have become dangerous. Railroads are the best example.

    Another issue is that CFK owns numerous luxury hotels and AA employees use the services of her hotels (in domestic flights) in a kind of direct agreement between both.

    It seems that there is not any conflict of interests between them. Neither for AA nor CFK .....how strange !!!

    Sep 03rd, 2013 - 08:19 am - Link - Report abuse 0
  • earsup

    Transparancy International 2012:
    Corruption score Chile 72/100, rank 20 on 176 countries.
    Corruption score Argentina 35/100, rank 102 on 176 countries.
    Press Freedon Index: CL ranks 80, AR 47.
    Who has the right to critizise here?

    Sep 03rd, 2013 - 08:25 am - Link - Report abuse 0
  • Conqueror

    @7 Poor Thicky. “the official fortune of Ms. Cristina Fernandez de Kirchner......”
    Just gave it away, didn't you, Thicky? The “official” fortune isn't the same as the “real” fortune, is it? The “real” fortune is in suitcases, holdalls, etc all around the world. Pity the figures on her “declarations” don't “add up”. Pity those hotels from which her “income” is said to derive are invariably empty. Perhaps they are where the drug deals are done. No police interference with “la presidente's” property. Perhaps it's where her fellow whores “entertain”. Check her pics. Really looks like 90 with a plaster covering. And the plaster is cracking and falling off. Before long, everyone will be able to see her as the evil crone she is. And “her” stolen money WILL be found.

    Sep 03rd, 2013 - 09:47 am - Link - Report abuse 0
  • yankeeboy

    And the un-official K fortune has gone out in Euros by the pallet. The used Euros because they weighed less than U$ and could get more in the planes.

    I hope she gets everything she deserves.
    I don't see her making it to the end of her Prez term
    I am sure the retirement party is being planned right now.

    Sep 03rd, 2013 - 10:02 am - Link - Report abuse 0
  • dutchpy

    I think TWITTER is NOT the place for politicians !! Better think first before launching anything on the internet.

    Sep 03rd, 2013 - 10:05 am - Link - Report abuse 0
  • Condorito

    Dear primito Think:
    Piñera was a billionaire before he became president. He voluntarily gave up business interests that would conflict with his job as president. You are right to say that he did the right thing.

    HidroAysen:
    2006 - 2010 / Bachelet -> GREEN light
    2010 - now / Piñera -> RED light

    Doesn't exactly smack of incorrect use of political influence, does it.

    You should be more concerned about the 2 damns in your back yard that ARE being pushed forward by CFK cronies.

    “same boat”??
    You haven't been up to the bridge have you. If you did look around you would see that your boat is the ARA Almirante Irízar, stuck in port, rusting.

    Why you defend CFK and throw stones at Piñera?
    Piñera will leave office having left Chile better than he found it.
    Is that not good?
    CFK will be leaving Argentina economically ruined.
    Is that not bad?

    In 2015 Argentina's experiment with state capitalism will have to end. Whoever takes over will have no alternative but to open up and get foreign investment in. The peso will be devalued and the likes of Piñera and his “Entourage” will be making billions more. The K's model will have achieved the exact opposite of what it once aimed to achieve.

    Sep 03rd, 2013 - 10:20 am - Link - Report abuse 0
  • ElaineB

    From the other thread on this topic:

    “Piñera would have been better off financially keeping to his former life as a working billionaire. Transparency is the only answer whilst in power.

    What is highly questionable is any president acquiring a vast fortune WHILST IN POWER.”

    Bachelet was a very popular president but the economy was not growing at the rate the aspirational middle classes were demanding. Piñera ran for office to apply his business acumen to the economy and to benefit the whole country. It is a slow process but he has been very successful. He didn't need to run. He knew he would have to relinquish his business interests where conflict of interest could be an issue.

    The K's, on the other hand, have stolen their fortune whilst in office.

    Sep 03rd, 2013 - 12:23 pm - Link - Report abuse 0
  • Think

    (14) Condorito, hermanito........

    You say...:
    “ You should be more concerned about the 2 damns in your back yard that ARE being pushed forward by CFK cronies.”

    I say....
    Why should I be concerned by the “Condor Cliff” and “La Barrancosa” Dams?
    They will be constructed in a flat, barren, unpopulated desert area that 99.99999% of the word's population would hate at first sight......

    Piñera will quite probably leave office having left Chile better than he found it.
    That's good....
    CFK will be certainly leaving Argentina much better than she found it in 2003.
    That's good too....

    All the rest you write is just your POW.......
    And as you know my POW is the exact opposite of yours....

    Sep 03rd, 2013 - 03:56 pm - Link - Report abuse 0
  • yankeeboy

    CFK will be certainly leaving Argentina much better than she found it in 2003.

    That would be impossible.
    No reserves
    No Retirement
    Peso 1/3-1/5 value
    Destroyed, Gas/Oil Business, Beef Business, Farming, Airlines
    and more to come

    Sep 03rd, 2013 - 04:18 pm - Link - Report abuse 0
  • Condorito

    @16 Primito

    We are finding far too much common ground:

    First, you accede that Piñera has done good; - I agree.
    Then you recognize that Chilean Patagonia is more beautiful than your side; - who wouldn't agree?
    Then you imply, by omission, that Argentina has deteriorated since 2007 (under CFK); - who (other than hardcore Camporistas) wouldn't agree!

    At this rate it won't be long before you see that my “POW” ain't just my “POW”.

    Saludos,
    El Condor

    Sep 03rd, 2013 - 05:11 pm - Link - Report abuse 0
  • Ayayay

    On another note, why isn't there an article on the 8,000 (maybe 16,000?) Argentine soldiers (border guards?) being deployed in Argentina in October.

    What's up with that?

    Sep 03rd, 2013 - 06:16 pm - Link - Report abuse 0
  • Troy Tempest

    19

    I'm sure they're just there to ensure that people receive 'helpful' voting information and arrive at the polls safely.

    Sep 03rd, 2013 - 06:26 pm - Link - Report abuse 0
  • agent999

    @20
    That's a bit low compared to the August elections, “more than 87 thousand troops will guard the operation of elections”.

    www.cronista.com/economiapolitica/Mas-de-87-mil-efectivos-custodiaran-el-operativo-de-las-elecciones-20130808-0096.html

    Sep 03rd, 2013 - 07:05 pm - Link - Report abuse 0
  • Anglotino

    No way!

    87,000? What the hell do they get up to when they vote?

    We are voting this Saturday in Australia and I won't even see a person in uniform let alone actual troops. Now that I think about it, the last time I saw a soldier in real life was during an ANZAC Day march.

    Troops on the street during an election! Who knew voting was so dangerous. I must be sheltered.

    Sep 03rd, 2013 - 11:15 pm - Link - Report abuse 0
  • pgerman

    @22

    Using the Army, and other members of the Defense Forces, to asure the order and to protect the sites where people vote is part of a old Argentine tradition. This has been dome by the most democratic govenrments.

    It might be a little bit shoking for an Australian but it's very common in the whole Latin America.

    In addition, gives the Army a sense of responsibility during peace times.

    Sep 04th, 2013 - 08:07 am - Link - Report abuse 0
  • GFace

    Funny, we just have gray haired librarians guarding our polling place (it's an elementary school). Anyone trying to pull something funny's gonna be carrying their ass home in a bucket.

    Sep 04th, 2013 - 08:59 am - Link - Report abuse 0
  • Troy Tempest

    23pgerman

    Thanks for giving us some perspective on that.

    Sep 04th, 2013 - 10:22 am - Link - Report abuse 0
  • Gonzo22

    And LAN must abide by the rules of our country, or else they will be out of the game!

    Sep 04th, 2013 - 11:54 am - Link - Report abuse 0
  • Condorito

    @Gonzo
    Which rules are Lan breaking?

    Lan have a contract on the AEP hanger until 2024.

    Aerolineas were attempting to break the rules by evicting Lan from the hanger. An Argentine judge has ruled in favor of Lan...i.e. Lan is not breaking the rules.

    Aerolineas loses US$2-3 million a day of YOUR taxes. Do you think that is a good thing?

    Sep 04th, 2013 - 12:11 pm - Link - Report abuse 0
  • Gonzo22

    @27 If the government of my country sets a rule, LAN must abide by it under any and all circumstances. Evaluate the benefits, if any, and the costs of disobeying the law, then decide what's best for the company, and I think that LAN undertands this very well. I can tell you that AA can't break the rules because it is the national airline of Argentina, and follows the law of my country.

    Sep 04th, 2013 - 12:37 pm - Link - Report abuse 0
  • pgerman

    @LAN is not a Chilean company, in fact, it's legally a local company and they didn't break any rule.

    In addition AA is not a “national” company, it doesn't belong to the Government or to the Country, It's a private company intervened by a decret of the Government so the legal entity is still the very same as it used to be, private one, but the budget and the management depends directly from the National Government. Quite a status.

    The fact is that CFK don't want to have her “black hole” of money on risk due to a more efficient company.

    In addition, not any single new law was passed by the Chambers that forces LAN to follow it.

    It's just another “monkey thing” of the Batata Queen...

    Sep 04th, 2013 - 12:53 pm - Link - Report abuse 0
  • Gonzo22

    @29 AA is the national airline because it belongs to us, the Argentines, and that includes Cristina Fernández, it has been nationalized, and that's why it is the national airline. LAN is operating in Argentina, so LAN must abide by the laws of my country without exception.

    Sep 04th, 2013 - 01:08 pm - Link - Report abuse 0
  • pgerman

    @ AA has never been nationalized.

    So legally its status is a kind of weird. It's legally under dispute, it function as a private company as a result the Management has never showed finantial statements and it's being paid with the public budget.

    It signed direct contracts with suppliers such as CFK's hotels in the Patagonia without any sourcing process.

    These is not any single law that bans LAN to keep on operatin in the Argentine territory. It's just AA Management and the Government want to get it out of the domestic market by evicting them from the most important Domestic Airport. They fear fair competition.

    Sep 04th, 2013 - 01:30 pm - Link - Report abuse 0
  • Troy Tempest

    28Gonzo22

    “. I can tell you that AA can't break the rules because it is the national airline of Argentina, and follows the law of my country.”

    Hi Toby. You are so indoctrinated.

    Sep 04th, 2013 - 02:52 pm - Link - Report abuse 0
  • Gonzo22

    @31 You should give this South Atlantic News Agency a little credit. http://en.mercopress.com/2009/05/22/brazilian-aircrafts-for-nationalized-aerolineas-argentinas

    Sep 04th, 2013 - 03:07 pm - Link - Report abuse 0
  • pgerman

    Gonz022,

    If you are going to take part in discussions in a forum the least you can do is to be well informed. Or at least demand your “La Campora” leaders to correctly indoctrinate you.

    Anyway, I would suggest that you start thinking about changing “La Campora”...it only has tow years time of life.

    Become a Scioli or a Massa follower, they are the future, not a brilliant one for sure but at leat they would asure you four additional years of subsidy without working.

    Sep 04th, 2013 - 03:19 pm - Link - Report abuse 0
  • Condorito

    @pgerman
    Thank you for your informative posts and for attempting to explain the facts to Gonzo.

    @Gonzo
    You say:
    “LAN is operating in Argentina, so LAN must abide by the laws of my country without exception.”

    You still haven't stated which laws Lan is breaking. The law is not made by La Campora. The judge in this case has ruled that the eviction order was illegal. In other words Argentine laws says that Lan are not breaking the law.

    Sep 04th, 2013 - 04:21 pm - Link - Report abuse 0
  • Anglotino

    Nostrils..... I mean Gonzo22......

    Oh why bother?

    Pommie out!

    Sep 04th, 2013 - 05:18 pm - Link - Report abuse 0
  • GFace

    @36,no he's yet another gullible malvanista lying about how the UN doesn't recognize the islanders right to self-determination even though their attempt to dehumanize them along with the Gibraltarians was very soundly voted down.

    Sep 04th, 2013 - 08:35 pm - Link - Report abuse 0

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