Julio Ponce Lerou
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Julio Ponce Lerou is a Chilean billionaire who is the principal shareholder of Soquimich. He is a former
son-in-law Son-in-Law (22 April 1911 – 15 May 1941) was a British Thoroughbred racehorse and an influential sire, especially for sport horses. The National Horseracing Museum says Son-in-Law is "probably the best and most distinguished stayer this co ...
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Augusto Pinochet Augusto José Ramón Pinochet Ugarte (, , , ; 25 November 1915 – 10 December 2006) was a Chilean general who ruled Chile from 1973 to 1990, first as the leader of the Military Junta of Chile from 1973 to 1981, being declared President of ...
.INFORME COMISION PRIVATIZACIONES CAMARA DE DIPUTADOS 2004
Retrieved 29 September 2009.
Until 1982 he was president of Chilean state-owned forestry company
Complejo Forestal y Maderero Panguipulli Complejo Forestal y Maderero Panguipulli was a Chilean state-owned company that managed forested lands as well as sawmills in the Los Ríos Region#Andes, Valdivian Cordillera from 1971 to 1988. CFMP managed more than in the zones of Panguipulli, ...
while he was simultaneously president of CELCO, a wood pulp company. Ponce is currently accused of a millionaire fraud and embezzlement that affects the pension funds of millions of Chilean citizens under what is known as the "Cascadas" case. In his youth, he attended the
University of Concepción A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. Universities typically offer both undergraduate and postgraduate programs. In the United States, the ...
, where studied medicine for a year. Then, he finished his Bachelor of Arts at the
University of Chile The University of Chile ( es, Universidad de Chile) is a public research university in Santiago, Chile. It was founded on November 19, 1842, and inaugurated on September 17, 1843.
.


See also

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Crony capitalism Crony capitalism, sometimes called cronyism, is an economic system in which businesses thrive not as a result of free enterprise, but rather as a return on money amassed through collusion between a business class and the political class. This i ...


References

Year of birth missing (living people) Place of birth missing (living people) Living people Chilean billionaires Chilean businesspeople Chilean businesspeople in mining Chilean foresters Chilean businesspeople in timber Pinochet family University of Concepción alumni University of Chile alumni {{Chile-business-bio-stub