Reply #1: Judge seeks $77 million in Pinochet embezzlement case

[struggle4progress]

MADRID
Mon Nov 30, 2009 12:15pm EST

MADRID (Reuters) - A Spanish judge threatened to seize up to $100 million from Banco de Chile and individuals suspected of laundering funds for Augusto Pinochet, including the former Chilean dictator's widow ...

Garzon has been investigating Hiriart and the bankers since 2004 for allegedly laundering money for Pinochet, after accusations made by the President Allende Foundation, which is involved in distributing compensation to victims of the late dictator's regime ...

In 2005, Garzon secured an $8 million settlement for victims of Pinochet's 1973-1990 dictatorship from Riggs National Corp, which admitted to helping Pinochet launder money.

Banco de Chile has already been investigated by Chilean authorities as part of the probe into possible money laundering by Pinochet, who died in 2006 without going to trial ...

http://www.reuters.com/article/idUSTRE5AT3C320091130