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University of Chile rector reveals family is victim in 'Caso Sartor' financial scandal
๐Ÿ‡จ๐Ÿ‡ฑ Chile /Culture & Society

University of Chile rector reveals family is victim in 'Caso Sartor' financial scandal

From Cooperativa · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Named sources Under investigation
  • The newly elected rector of the University of Chile, Alejandra Mizala, revealed her family is among the victims in the "Caso Sartor" financial irregularities case.
  • Her husband invested savings in Sartor AGF in 2019, with the funds allegedly used later to purchase shares of the university's football club.
  • The case involves alleged financial misconduct and misuse of investor funds.

Alejandra Mizala, the newly elected rector of the University of Chile, has disclosed that her own family is entangled in the "Caso Sartor" financial scandal. This revelation comes as she assumes leadership of one of Chile's most prestigious universities.

Mizala explained in an interview that her husband invested personal savings in Sartor Administradora General de Fondos (AGF) back in 2019. The funds, according to the ongoing investigation, were allegedly later used by Michael Clark, former president of Azul Azul (the company managing the university's football club), to acquire shares in the club. This acquisition reportedly occurred without the consent of the original investors.

"I think it was a little before the pandemic, in 2019. He hasn't told me how he came across it, maybe someone recommended it to him," Mizala stated when asked about her husband's investment decision. The rector emphasized that these were important savings, highlighting the personal impact of the alleged financial irregularities. The "Caso Sartor" continues to unfold, with implications reaching into the highest levels of the university's leadership.

I think it was a little before the pandemic, in 2019. He hasn't told me how he came across it, maybe someone recommended it to him.

โ€” Alejandra MizalaThe rector of the University of Chile explains when and how her husband invested in Sartor AGF, a key element in the financial scandal.
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Originally published by Cooperativa in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.