Chilean activist destroys student debt papers worth $500m

By Neela Debnath. An activist in Chile has burnt documents representing $500 million (£300 million) worth of student debt during a protest at Universidad del Mar. Francisco Tapia, who is also known as “Papas Fritas”, claimed that he had “freed” the students by setting fire to the debt papers or “pagarés”.
Mr Tapia has justified his actions in a video he posted on YouTube on Monday 12 May, which has since gone viral and garnered over 55,000 views. More...