Argentine water utility privatization reveals offshore ownership structure

An investigation into the privatization of Argentina's state water utility AySA reveals that Mauricio Filiberti, dubbed the 'Chlorine King', holds a 10% stake in the winning consortium and co-leads the entity controlling 55%, which was set up with shell companies registered in London and Amsterdam in August. The opaque offshore structure raises concerns about governance and potential conflicts of interest in a major infrastructure privatization.

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