Billionaire Pinera wins Chilean election

18 Jan 2010, 10:14 am   -   Source: AAP
Share This

Chile's centre-left presidential candidate has conceded he lost the election to billionaire conservative Sebastian Pinera.

RELATED

Chile's centre-left presidential candidate on Sunday conceded he had lost the election to billionaire conservative Sebastian Pinera, ending 20 years centre-left governance.

He made the announcement after an official tally of 60 per cent of voting stations showed Pinera, 60, had won 51.8 per cent of the vote to 48.1 per cent for Frei, ending two decades of centre-left rule since the end of Augusto Pinochet's dictatorship.

"We will be guardians of liberty and of all our social victories," Frei said.

Pinera had a wide lead in every poll, and the race only tightened after Frei and outgoing President Michelle Bachelet repeatedly invoked the legacy of Pinochet, whose dictatorship was supported by parties that make up Pinera's coalition.

  • Follow us: 
  • Follow us on Facebook
  • Follow us on Twitter
  • Follow us on Youtube