Chile president faces controversy over bank loan to family members

February 11, 2015 2:45 PM

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SANTIAGO, Chile – Chilean President Michelle Bachelet is coming under fire over complaints her family got privileged access to a bank loan for a land deal.

Chile's Que Pasa magazine reported that a company half-owned by Bachelet's daughter-in-law, Natalia Compagnon, received a $10 million loan from Banco de Chile.

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