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Holding may be seized

(N.Z.P.A.-Reuter—Copyright) SANTIAGO (Chile), Mar. 31. President Allende of Chile is considering State confiscation of the International Telephone and Telegraph Corporation’s SUS 153 m investment in the Chile Telephone Company. This was disclosed by a spokesman for the Popular Unity Coalition, after het had an interview with Dr Allende. Mr Jaime Gazmuri, the acting secretary of the United Popular Action Movement, one of the parties in the coalition, said Dr Allende told him that Government lawyers were studying a possible take-over of the corporation’s 70 per cent interest in the Chile Telephone Company. The American columnist, Jack Anderson, has said in the “Washington Post” that the Central Intelligence Agency and the American firm were involved in a plan to prevent Dr Allende from taking office after he was elected in November, 1970.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19720401.2.127

Bibliographic details

Press, Volume CXII, Issue 32880, 1 April 1972, Page 17

Word Count
135

Holding may be seized Press, Volume CXII, Issue 32880, 1 April 1972, Page 17

Holding may be seized Press, Volume CXII, Issue 32880, 1 April 1972, Page 17

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