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Administradora de Fondos de Pensiones Provida S.A. Message Board

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  • Spanish to English translation
    The Pension Fund Administrator (AFP) Provida filed a criminal complaint before the courts for fraud and other crimes against those responsible, either as perpetrators or accomplices in the La Polar, in order to safeguard the interests of their members .

    This "subject to civil compensation claims that may be filed timely," the bank said.

    He also explained that "because of the serious events of Empresas La Polar, which have been public knowledge in recent days, AFP Provida S. A. has filed complaints with the Superintendency of Banks and Financial Institutions and to the Superintendency of Securities and Insurance, to directors, managers and senior executives of polarity, and from their external auditors. "

    The manager said as other investors, institutional and individual investment decisions based on public information and official corporate issuers of securities delivered to the regulatory agencies and the market "hoping, of course, that the information is reliable has been collated and audited by specialized agencies. "

    The AFPs are 24% owned La Polar.

    http://www.latercera.com/noticia/negocios/2011/06/655-373576-9-afp-provida-interpuso-querella-criminal-por-estafa-y-otros-delitos-en-caso-la.shtml

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