Chilean Billionaire’s Fishing Company Charged in Bribery Case
- Corpesca allegedly paid lawmakers during fishing bill debate
- Chile’s industrial fleets have depleted fishing stocks
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A Chilean court charged Corpesca SA, a fishing company controlled by billionaire Roberto Angelini, with facilitating bribes to lawmakers as they debated a 2012 law that gave it rights to fish for free along the country’s coasts for at least 20 years.
Two congressmen and a minister of former President Sebastian Pinera have been charged or are under investigation in the case, as well as the former CEO of the company. If found guilty, the court is entitled to close down Corpesca.