Sunday, January 26, 2014

Finally, know when illicit, chose not to reduce the contribution to increase losses, and immediatel


A claim for damages before the 13th Civil Court of Santiago AFP Capital filed against La Polar firms, PricewaterhouseCoopers (PwC) and nine former executives implicated in the case where a number of economic crimes computer desks arising from more than a million were investigated of unilateral renegotiations of department store customers.
"AFP Capital computer desks the right to discuss the amount of damage to property incidental computer desks to the performance of a different judgment or reserved judgment, and the judge was empowered instance to set the moral damage," the company said.
CEO AFP Capital, Eduardo Vildósola said that this action will complement the actions taken by the company for precautionary care funds of its members, as it has done throughout the course of this case.
The executive said that "we have acted carefully and diligently, making decisions that have allowed us to reduce the losses caused by this crime is now investigating the courts."
He recalled that the AFP publicly expressed the need to pay attention to the risk policy computer desks of the company, which significantly reduced the equity exposure Empresas La Polar before the essential facts that significantly affected the assets of that company.
Finally, know when illicit, chose not to reduce the contribution to increase losses, and immediately filed legal action to pursue both criminal computer desks and civil liabilities.
In the case of Empresas La Polar's negligence or willful misconduct constitutes negligence computer desks to establish appropriate and effective checks and filters to organizational managers that the defendants did not commit fraud nor PwC was negligent in performing its audit services.
The PwC negligence or fraud lies in failing in its legal obligation to audit the accounts, inventory, balance sheet and other financial statements of the Polar and its subsidiaries for the period covering the years 2007 to 2010.
The offenses listed are the following: delivering malicious false to the SVS, market or general public record; maliciously false statements; irregular presentation to shareholders, misinformation and concealment of essential social information, violation of the duty of confidentiality that weighed on them and use privileged information computer desks for personal gain;. insider trading in securities transactions for public offering and misrepresentation forming property and the capital of the company and its approval or presentation *
* Also read: The Polar Case: Prosecution finished investigation of other suspects. http://www.lanacion.cl/noticias/pais/tribunales/caso-la-polar-fiscalia-termino-investigacion-de-otros-imputados/2014-01-02/111951.html
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