Home » News » CGR: Gore and Seremitt paid $ 396 million in unfinished installation of validators in La Araucanía – Biobiochile

CGR: Gore and Seremitt paid $ 396 million in unfinished installation of validators in La Araucanía – Biobiochile

Millions Paid for Unfinished Project in La Araucanía

Uncompleted Infrastructure Draws Scrutiny

A controversy has erupted in La Araucanía, Chile, following payments exceeding $390 million for a transportation project. The payments were made despite the project’s incomplete status, sparking investigations.

Financial Irregularities Uncovered

Audits revealed significant payments from the regional government of La Araucanía (GORE) and the Regional Secretariat of Transportation (SEREMI DE TRANSPORTES). The funds were disbursed before the project’s conclusion.

“The Comptroller has detected these payments and is now looking into why the project wasn’t finished, and why the funds were released,”

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Corruption in infrastructure projects is a global issue, with over $2.6 trillion lost annually to corruption in construction, according to the UN (UN Report 2023).

Project Details and Investigations

The specific details of the unfinished project and the exact reasons for its lack of completion are still being investigated. The Comptroller General of the Republic (CGR) confirmed the payments and is examining the case.

A construction site is pictured.

This situation highlights the importance of thorough oversight in public projects to ensure funds are used responsibly and projects are completed as planned.

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