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Case file s400 · Military families · 2006
2006
Augusto Pinochet: Augusto Pinochet foto oficial(b)
Augusto Pinochet. Ministerio de Relaciones Exteriores de Chile. CC BY 2.0 cl, Wikimedia Commons.
Died
10 December 2006
Place
Santiago, Chile
Field
Military; dictator · Military on the timeline
Legal tradition
Chilean civil law · Civil law
Historical event
1973 coup and the 1973 to 1990 dictatorship
Religion
Augusto Pinochet: Catholic (recorded as Catholic Church on Wikidata; Chilean Roman Catholics on Wikipedia)
Member of
Military Junta of Chile (Wikidata)

Chile's Supreme Court forfeited Pinochet's assets in 2018 after the US Senate exposed his Riggs Bank accounts

Augusto Pinochet ruled Chile from 1973 to 1990. On 14 July 2004 a staff report of the US Senate Permanent Subcommittee on Investigations, led by Carl Levin and Norm Coleman, disclosed about 125 secret accounts at Riggs Bank and other US institutions, used over about 25 years. In 2005 Riggs pleaded guilty and paid US$16 million, and the bank and the Albritton family paid US$9 million to Pinochet's victims. A University of Chile report put his wealth at about US$21 million, with about US$17 million of no established origin. He died before trial in 2006, and the case against him was closed. In October 2007 his wife, five children and 17 others were arrested over an alleged US$27 million moved abroad. In June 2017 the Santiago Court of Appeals ordered the frozen assets returned to the heirs. On 22 June 2018 the Supreme Court reversed that by 4 votes to 1 and ordered the assets forfeited to the state. The frozen holdings were listed as US$4.89 million in bank instruments, 24 properties appraised at about US$7.3 million and three vehicles. One summary gives the forfeiture as US$1,621,554.46†. The properties were to be auctioned. His widow Lucía Hiriart died on 16 December 2021, aged 98.

What the law took from it

Heirs could not keep assets as good-faith inheritors when the money came from public funds.

Family version vs. the record

The family argued the heirs were good-faith third parties entitled to keep the assets, and the Supreme Court rejected this (

Sources
  1. latercera.comPress
  2. Wikipedia (Spanish)Encyclopedia
  3. Wikipedia (English)Encyclopedia

Cite as: celebrity.estate, “Chile's Supreme Court forfeited Pinochet's assets in 2018 after the US Senate exposed his Riggs Bank accounts,” story s400, https://www.celebrity.estate/pinochet-2006, updated 30 October 2026.

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