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Piñera

linkages with companies in the damaged buildings: The President's Men

Skoknic

For Francisca and Juan Pablo Figueroa, CIPER seriously damaged and all have real estate with Sebastian Pinera. The president also has an ownership stake in a business which faces problems of a building Amunategui street. These are some of the ends of the network that links employers "earthquake" with the current President.

. Also appear linked in various ways to the construction and real estate involved, the mayor of Maule, Rodrigo

Galilee, Minister of Economy Juan Andrés Fontaine
, and his friends Carlos Alberto Delano ,
Andrés Navarro, Ricardo
Bachelet and


Joseph Cox.

Piñera

While President not to deploy all its forces to implement his plan of reconstruction, a project linked to one of its investments are moving a little more than recommended. This is the building street Geocentric Amunátegui, which was built by Novatec

and whose estate was El Bosque SA, two companies linked to Constructora Aconcagua, a company in which Piñera has a long investment. Had 17.8% of the construction and was the third largest investor after his friend Andrés Navarro and Aníbal Montero. Their participation was diluted when it merged with Aconcagua SalfaCorp in 2007 Recent press reports indicate that Piñera has 5.7% of the latter holding an investment that could be part of any of the trust delegated Celfin volunteers and Larraín Vial, since it was publicly reported that has emerged from this asset. In its first president (2005), Aconcagua was the only company to publicly donated to his campaign . Piñera

knew that this asset could mean a conflict of interest and in December 2009 announced its sale: "I have the firm intention to dispose of the property or management of all companies that may pose any obstacle or conflict of interest with my vocation to be a good President for all Chileans, Lan, Chilevisión,

Salfacorp , Constructora Aconcagua, Clínica Las Condes. " So far, only been known from the sale of a portion of its assets in Lan and all its shares in the last of these companies. business mayor Earthquakes Without doubt the most affected by the quake is the flamboyant mayor of Santiago, Fernando Echeverria

, a partner in the construction

Echeverría Izquierdo . This company is responsible for the construction of at least three of the buildings damaged by the earthquake. In Santiago was in charge of building Huechuraba Heights and Design of High Arauco II

and

Castellón. While the former is being evaluated and may not have structural damage, the latter already has a demolition order. Castellón building is on the list of buildings with "severe structural damage" and was evacuated to the danger posed to the inhabitants. Asked by reporters this week, Echeverria declined to respond to the problems presented buildings of its construction. He argued that before taking on the mayor's office withdrew all charges and therefore is not "authorized representative" to talk about it. In addition, as appropriated

Second, would not comment on the responsibilities of construction and real estate: "Today we are concerned about the emergency, there is water and electricity, public policy, there roof ... then investigate if there or responsibility. "

These statements were made on the spot where the mayor of Santiago signed an agreement with the Chilean Chamber of Construction (CChC)-the same as it presided over the union-to make available to municipalities to volunteers to assess the damage of the capital's buildings. Work delegated to them that even though most of the construction of buildings, who eventually may be responsible for damage, are members of the CChC.

Echeverría He said a few days ago The Third , he never thought of being mayor, but he wanted to volunteer. In that same interview said that would only a year since , because its task will only lead the regional reconstruction. While Echeverría said he saw no conflict of interest between being mayor of Santiago and investment real estate in the same region, before assuming he faced the same problems of concern to owners and residents of the buildings that bear the stamp of Echeverría Izquierdo.

Days before the change of command, now mayor met with the Mayor of Maipú, Alberto Undurraga, who sought a solution for the residents of the buildings to be demolished by the earthquake damage. According to the law, the cost-about $ 600 million, run by the owners of the destroyed apartments, but the mayor suggested he look for some how the regional government pay until the courts determine who is responsible for the collapse of the building.

The same drama living in Concepción the owners of the departments of Alto Arauco II, where the demolition costs would run in principle by the municipality, then they would charge money for their owners. The neighbors are exploring ways to bring the construction and real estate in court to answer for the damage because the building was delivered in October 2003 before the amendment to the law that extends the warranty to 10 structural failures years.

Echeverría is not the only Mayor complicated. According

The Counter

appropriated , his counterpart in the Region of Maule, Rodrigo Galilee not yet assumed when he was approached by the residents of some houses were damaged built in Galilee SA, a company which until then was a manager

general partners

President Fernando Echeverría not only participated through their company in the construction of buildings of Conception, but also was personally involved in real estate. The sale of the building High Arauco II was in charge of

Purema Estate, a company created in 1997 by

Bachelet
and
Ricardo Echeverría

. Both were also in 2004 the Real Estate

Victor Lamas, a firm that sold the building departments of Castellón.

In the first case, the developer has only offered to help "pry bars" to hold the building to try that residents can come to recover their property. In the second, the developer is still negotiating with the owners, but so far only offered to bear the damage to the building's common areas delivered new in 2009.

addition Bachelet, who has led the company's dialogue with Property owners are Joseph Cox and Felipe Donoso, owners Constructora

High Arauco. They have traveled to Conception and have also been received at its offices in Santiago, located on the floor Apoquindo 9, 3000, the same building which has its corporate headquarters Sebastián Piñera (Bancard, Axxion, Future Foundation and Editorial Los Andes).

The location is no accident. Bachelet and Cox, along with Ignacio Guerrero are members of CMB (resident on the floor 16 of the same building) and also linked the new President. Cox and Guerrero are part of the inner circle of Piñera, friends and business partners in a lifetime. Nor was the first time that the owners of CMB and Echeverria Izquierdo did business together. Cox, Guerrero, Bachelet and Piñera has been associated with the construction in several real estate projects, as in Forest Plaza Recoleta and apartment buildings in Vitacura and Las Condes the newspaper La Tercera valued in total at $ 69 million 2006. Joseph Cox is also director of

Socovesa
, a construction company building San Miguel Park, which presented serious problems following the earthquake. Socovesa in the directory shared until recently with Juan Andrés Fontaine

, the new Minister of Economy, who resigned his seat on 2 last March.

friends

President Carlos Alberto Delano

and Sebastián Piñera also have a common real estate history. Besides being childhood friends, both businessmen - Corn

and

Chatito , as they affectionately call-invested together in the building Las Americas Miraflores street, one of the first modern towers of downtown Santiago, in late of the '80s. Since almost all businesses and Piñera Delano, the initiative was a success. The building's architect was Christian Boza

-author of several projects now president-who also designed the King of Huechuraba condo, another affected by the earthquake.

Carlos Alberto Delano came roaring back to the real estate world in recent years through Penta , the group headed to Carlos Eugenio Lavin. Your Regina Pacis building street in Providencia, was seriously damaged in the quake, raising the ire of its occupants. Dissatisfied with the response of the estate, held noisy protests in the front of the Penta offices in the El Bosque neighborhood of Las Condes. Finally the company agreed to repurchase all departments, although in recent days tensions between the developer and the neighbors came to light.

The last of the Friends of the Chair questioned the quality of their real estate investments is

Andres Navarro. Besides being a shareholder of Aconcagua with Piñera, Real Estate Manager appears Konhill SA, which was responsible for the management of the Condominium The Jazmines of Maipú, another property which was damaged in Santiago.

The government has tried in these days to signal that he is not the business side. The Interior Minister, Rodrigo Hinzpeter, said Monday Radio Cooperativa to help authorities find the responsibilities among the companies that built the buildings in disrepair and recent construction. Hinzpeter not say how the government will face the issue. Those who do have more clearly the strategy that follow are the members of the law firm Bofill Mir & Alvarez, Jana

Hinzpeter and that still bears his name even though the interior minister sold his stake before assuming 11 March. His former partner Alejandro Álvarez VIVA represents the estate, responsible for damaged three buildings, two in Macul and one in Providencia.

Direct Route: From the concessionaires to MOP

"We talk a bit with the new minister and President Piñera for all these routes, along with schools, hospitals, prisons and public buildings collapsed, concessions, "said Monday the president of the Dealers Association of Public Infrastructure Works. (COPS) Herman Chadwick Piñera, Sebastián Piñera cousin.

Apparently, his words came quickly to the Ministry of Public Works (MOP), whose owner announced the next morning to study new concessions. "The concession process has helped to develop the country and I think could help us now in rebuilding, "he told

Second Minister of Solminihac Hernán. concession

The decision probably has nothing to do with the familial relationship between Piñera and the president of the concessionaires, but rather that key positions are occupied by persons belonging MOP hitherto closely linked to COPSA.

Under Secretary for Public Works, Loreto Silva, not mentioned in the official curriculum, but the website says COPSA as its prosecutor. And the brand of the Concessions Coordinator ministry, Mauricio Gatica, was vice president of the union organization and also served as general manager of the dealership Rutas del Pacífico SA

old
This relationship explains the statements made by Herman Chadwick to

The Second: "The team has armed to manage the MOP and the issue of concessions is first order, both for the incorporation of very good, as is the case of the undersecretary, general director of concessions and the general director of Public Works, for confirmation their positions as top quality people. "

About Loreto Silva, Chadwick said: "She is very intelligent and knows a lot. " And on Mauricio Gatica, the new coordinator MOP Awards, said: "We have an excellent impression of him, and has very clear how the licensing system may contribute more to reconstruction."