The responses and counterresponses between La Moneda and the mayor of Providencia, Evelyn Matthei, once again put on the table the lifting of banking secrecy, which is part of the tax obligations presented in the government’s so-called Fiscal Pact.
The discussion around banking secrecy worsened after the responses and counter-responses between the government and the mayor of Providencia, Evelyn Matthei.
It is worth mentioning that the community leader accused that there is “quite evidence that there are already politicians who finance themselves with drug money.”
Given this, one of the arguments of the Undersecretary of the Interior, Manuel Monsalve, was that corruption “is an extraordinarily serious threat to democracy, if we want to keep it secret. Today, bank secrecy allows a public official to be bought with money from a criminal organization (…) The question I would ask the mayor is if she is willing to lift bank secrecy.”
Thus, Matthei replied that “we are willing to lift banking secrecy, but we are not going to give it to a director of the Internal Revenue Service who can do what he wants and if he does not do what the Government likes, they will remove him.” Who do you think the director of the Internal Revenue Service is going to supervise, with the issue of bank secrecy? Obviously to those of the opposition.”
Why do you oppose the lifting of banking secrecy?
In this way, the lifting of banking secrecy, which is part of the tax obligations presented in the government’s so-called Fiscal Pact, was once again put on the table.
President Gabriel Boric said that “it has already been insisted upon ad nauseam, but there are sectors that oppose it in parliament. “Let them explain why, let them explain why they oppose the lifting of banking secrecy, which is essential in terms of economic intelligence to pursue the money route, which supports organized crime gangs.”
Along the same lines, the governor of the Metropolitan Region, Claudio Orrego, pointed out that “as long as we are not able to release banking secrecy, we will not be able to pursue the money route. “This is not just greater penalties, it is chasing money.”
“Here we have some people from our country, representatives of a political sector, who in the morning ask for high penalties, but in the afternoon they defend banking secrecy as if it were an absolute right,” he added.
The responses and counterresponses between La Moneda and the mayor of Providencia, Evelyn Matthei, once again put on the table the lifting of banking secrecy, which is part of the tax obligations presented in the government’s so-called Fiscal Pact.
The discussion around banking secrecy worsened after the responses and counter-responses between the government and the mayor of Providencia, Evelyn Matthei.
It is worth mentioning that the community leader accused that there is “quite evidence that there are already politicians who finance themselves with drug money.”
Given this, one of the arguments of the Undersecretary of the Interior, Manuel Monsalve, was that corruption “is an extraordinarily serious threat to democracy, if we want to keep it secret. Today, bank secrecy allows a public official to be bought with money from a criminal organization (…) The question I would ask the mayor is if she is willing to lift bank secrecy.”
Thus, Matthei replied that “we are willing to lift banking secrecy, but we are not going to give it to a director of the Internal Revenue Service who can do what he wants and if he does not do what the Government likes, they will remove him.” Who do you think the director of the Internal Revenue Service is going to supervise, with the issue of bank secrecy? Obviously to those of the opposition.”
Why do you oppose the lifting of banking secrecy?
In this way, the lifting of banking secrecy, which is part of the tax obligations presented in the government’s so-called Fiscal Pact, was once again put on the table.
President Gabriel Boric said that “it has already been insisted upon ad nauseam, but there are sectors that oppose it in parliament. “Let them explain why, let them explain why they oppose the lifting of banking secrecy, which is essential in terms of economic intelligence to pursue the money route, which supports organized crime gangs.”
Along the same lines, the governor of the Metropolitan Region, Claudio Orrego, pointed out that “as long as we are not able to release banking secrecy, we will not be able to pursue the money route. “This is not just greater penalties, it is chasing money.”
“Here we have some people from our country, representatives of a political sector, who in the morning ask for high penalties, but in the afternoon they defend banking secrecy as if it were an absolute right,” he added.
