Casino Investment Sparks Investigation of Chilean President

Chilean investigators are looking into the blind holdings of President Sebastian Pinera (l.). The president owns an interest in the Enjoy Casino, and recently issued a decree that benefits the casino.

Casino Investment Sparks Investigation of Chilean President

The Comptroller’s Office of Chile is investigating a possible conflict of interest in gaming holdings in a blind trust owned by Chile’s president, billionaire Sebastian Pinera.

A congressional committee recently discovered that two of the fiduciaries that manage the president’s funds invest in the Enjoy casino. In January the president issued a decree that benefited the casino.

A spokesman for Pinera issued a statement saying he favored the investigation, “to clarify any doubts, disprove false accusations and ratify the full and permanent compliance by the president.”