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Senate Reports Say Former Chilean Dictator Pinochet Stashed Millions in US Banks


A U.S. Senate report reveals former Chilean dictator Augusto Pinochet had 125 secret accounts in at least six U.S. banks totalling at least $15 million.

In a report released Wednesday, the Senate Permanent Subcommittee on Investigations says the former dictator used fake names and documents to create the accounts and move money around without bank regulators noticing.

The report builds on an investigation made public last July that revealed a long relationship between Mr. Pinochet and Washington-based Riggs Bank. Earlier this year, the bank pleaded guilty to failing to report suspicious activity and paid a multi-million-dollar fine.

Mr. Pinochet ruled Chile for 17 years under a regime associated with political violence and torture. He and members of his government have recently been charged in connection with human rights violations during his rule.

Some information for this report provided by AFP and AP.

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