They investigate the revocation of the election of Gabriel Ruiz-Tagle at Colo Colo | Sports

The election of April 17, which determined the departure of Aníbal Mosa from the black and white presidency could be changed after Wednesday, the Commission for the Financial Market, CMF, agreed to Investigating the extimonel's claim regarding the alleged irregularity of the vote that led to the renewal of the members of the commission and the arrival of Ruiz- Tagle in testa alba

The document argues violations of section 179 of Securities Act 18 045 referring to the requirements of those who hold securities on behalf of others in their name clean. This, with respect to the right to vote at the shareholders' meeting and more, indicates the claim, on a subject as relevant as the possible changes in the board of directors of a corporation. society.

The complaint, in even more specific terms, refers to general rule number 380, dated March 9, 2015, which states that "the persons listed above (in this case the brokers) may only exercise the right to vote for the securities if they have been expressly authorized by the owner at the time of the constitution of such custody. "

In fact, the 9 stockbrokers who keep in custody the papers from 4 to 5,000 minority shareholders – about 15 percent of the club's property – exercised the right to vote, en bloc, for more than 81 million shares and changed the composition of the board favoring the. arrival of Ruiz-Tagle . In most cases, brokers voted one hundred percent of their so-called represented.

According to the DNA investigation, in the last hours, the CMF asked the nine stockbrokers, who administer on behalf own the shares of Blanco y Negro and belong to third parties who accredit the authorizations that allowed them to vote in the elections of last April.

In particular, the legal strategy of Mosa aims at the revocation the appointment of Ruiz-Tagle and the new directors and a new election is held under the current conditions of ownership where his block is about 40 percent and grants the right to 3 directors . In this scenario, and if he maintains the support of the Social and Sports Club, he could recover the presidency of Blanco y Negro

The CMF and the prosecutor Andrés Montes have the last word.