Monday, February 28, 2005

Bank payout to Pinochet victims

A US bank has said it will donate more than $8m to victims of former Chilean military ruler Augusto Pinochet's regime under a Madrid court settlement.
Riggs Bank will put money in a special fund to be managed by a Madrid-based charity, the Salvador Allende Foundation, which helps abused victims.

The bank had been accused of illegally concealing Gen Pinochet's assets.

More than 3,000 people were killed for political reasons under Gen Pinochet's regime, an official report says.

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