ARGENTINE FIRM ATTEMPTING TO BUY AN INTEREST IN THE BANCO INTERNACIONAL DEL PERU

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R001800240009-1
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: November 9, 2016
• Document Release Date: January 6, 1999
• Sequence Number: 9
• Publication Date: August 18, 1948
• Content Type: REPORT

25X1A9a
a:U^SStFHCA,T 1ON
oved For RAHAT Ii LQ
! FOR AT O
COUNTRY Peru/Argntina
gP82-00.,0,>00:
OR T 25X1A2g
SUBJECT Art ntine Firm Attempting to D an Interest in
the Banco Internacional del Peru
PLACE 25X1A6a
ACQUIRED
DATE OF IT
DATE DISTR. 18 :lug ast 19.~,8-
NO. OF PAGES
NO. OF ENCLS.
(LISTED f3EEOVJ)
.%41 Vp
SUPPLEMENT TO
25X1X6
1. The Buenos hires fiat of Blsnge and Born in said to be atterpting to buy a
controlling interest in the Banco Internacional del Peru, allegedly making an
25X1X6 of tort to purchase the shares formerly held by the Ayulo Pardo family.
2. In 1947, Bunge and Born placed on demand deposit in the Banco Inteniaclonal in
Lire large surfs totaling an amount estimated at more than fifteen million
soles. Following these deposits, the President of the bank, Francisco Echanique
called on Dr. Manuel Gallagher, legal counsel and representative of Buige and
Born in Lim, to inquire whether the firm would wish to have representation on
the Board of Directors of the bank. Echenique stated that two seats m:exit be
wade I? ediateltr available.
3. Gallagher stated that he was not in a position to give an i ire liate reply, but
he himself accepted the appointment as Senior Legal Counsel for the bank about
I January 19/4.`x.
4.
Since the beginning of the year, Bunge and Born have purchased between 30 and.
4O of the outstanding shares of the Banco Internaeional del Peru, thereby
gaining the strongest minority interest in the bank. They now have ono .,tea
(Gerardo Roossink) on the Board of Directors, and Gallagher's position as Ser,ior
Legal Counsel is tantamount to being a directorship, although he ropor''ediy
does not sit on the 3oard.
-document is heFO'y ffPf0 q t;e
'AL Irt 90~C3r r Wit #r10
ca of i6 its ~f ir't th
A : ivist of the United
Next Review Date: 2008
FICATION
i3ISTRIBUTION
TiON LIS+ING MUST B
EXCISED BEFORE PUBLIC RELEAS
Approved For Release 1999/09/
DP82-00457RO01800240009-1