Chile’s President Michelle Bachelet tried to take the heat off her beleaguered government this week by questioning the fact, that while serving as president, her predecessor Sebastián Piñera (2010-2014) bought shares in a Peruvian fishing company, Exalmar. Claims of impropriety directed against Piñera are politically significant: although he has not formally declared his hand, he is the leading pre-candidate for election to a second term in office in the 2017 presidential race.

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