Argentine president declared assets valued in 8.6 million dollars
Argentine President Cristina Fernandez has assets of almost 40 million Argentine Pesos according to her latest income statement before the Anti Corruption office. This includes the 31 million inherited from her late husband Nestor Kirchner who died in October 2010.
In US dollars and at the official exchange rate the 39.572.589 Pesos amount to 8.6 million, and 6.2 million at the parallel market rate.
The 31 million Argentine Pesos inherited from her late husband include properties, assets, companies and debts. The other 31 million went to her two children Florencia and Maximo. The long list of assets from the deceased president includes 28 real estate properties and plots at the very valuable resort of El Calafate plus 50% of the family home where Nestor Kirchner died located in the same town.
Companies are the most profitable: 49% of shares from Hotesur which manages the five star Alto Calafate Hotel are valued at 7.2 million Pesos. Another hotel company, Los Sauces SA which manages a boutique-hotel with the same name in El Calafate and where the president holds a 45% stake is worth 2.3 million Pesos.
Cristina Fernandez also declared bank accounts totalling 16.7 million Pesos which includes the 3.2 million dollars she exchanged into Argentine currency as an example for her cabinet members. The sum is deposited at the Banco Nacion, However half of the sum belongs to the two children.
Rents from all the properties in the province of Santa Cruz totalled last year almost 4 million Pesos to which must be added the interest returns on bank deposits of almost 2.49 million Pesos.
To this must be added her annual salary as president equivalent to 331.809 Pesos plus the pension from her deceased husband and former president which amounts to 420.048 Pesos.








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”Argentine president declared assets valued in 8.6 million dollars”…………..
Woooooooow………............................;8.6 million dollars !!!
That’s about 5.5 million British pounds !!!
That’s about 1/10th of the declared assets of Mr. Anthony Charles Lynton Blair.
That’s about 1/10th of the undeclared assets of Sir Mark Thatcher, 2nd Baronet.
I guess tin pot dictators don't have to...
Think - I thought about this.
Blair has acquired most of his fortune since he left politics. From lectures memoires etc. Remember, his wife is a highly paid lawyer.
Sir Mark Thatcher is not an MP or in politics. He may be involved in shady deals but he is not in the UK government payroll.
CFK and family ? I have no idea on this one so I will leave it for others to comment.
You thought about that?
And you reached following conclutions.......:
1) If the paybacks are paid after the politician leaves office................ then it's ok?
2) If the paybacks are paid to the politicians nearest family................. then it's ok?
3) Please Think again!
Think, in civilized countries Politicians don't make a fortune WHILE THEY ARE IN OFFICE but what would you know about that...nada
Finally (due surely to your profession) you said something that isn’t totally incorrect…….
Cristina and Nestor's house was evidently constructed without the intervention of an architect.
Funny there was a big article on how this very same judge has greatly increased his livings standards since the Ks have been in office.
Hmm wonder why...
I am one of the many Argentines who are not happy about the Kirchners makink so much money whilst in office.
And?
And on the 21/12/2012 the world will end.................
You are such a BORE..................
If you reckon that's boring, you should try living in the Falklands, listening to you deadbeats telling us that you're going to get the islands one day.
Chuckle chuckle
Ps. I know nobody in Argentina is interested in the Olympics (Yeah right!) but for those of us who are you may be interested to know that if you add the combined South American medal tally together they are currently coming 23rd.
But you still defend them.
It suggests their efforts havent been and arent anywhere near fully focused on the job. Which is disrespectful to the position as head of state and to the voters. Are there many other professions that are and should be so consuming as head of state?
Theres always going to be the question when a politician makes money or is involved in businesses on the side - did they use their position in working for the state to their own personal advantage? Best to focus on the job at hand and wait til after leaving office to be an empresario.
That might be because there is only one sport in SA, the others merely wasting their time all because their aren't just good enough at football...
I am sure if Maximo had shown an interest in any sport (yeah, don't laugh) there would have been money poured into it by the Kirchners.
I have thought again and my contlution - try conclusion - is the same
Every head politician on retirement can make a lot of money from directorships, lecture tours, books etc. This does not necessarily mean that they were corrupt in office. Payback smacks of corruption and would indicate that dishonesty took place in office. This should lead to investigation and prosecution if found to be true. I think that the UK has a better record on this than Argentina.
As I said before, I will refrain from comments about CFK and family as I have no knowledge or desire to know anything about internal Argentinian politics. I will leave this to people closer to it.
Why aren't the South American countries better at football then? If they absolutely dominated it I'd accept your explanation but they don't. More times than not they get beaten by countries that do play other sports quite well.
You see if you were a New Zealander and you told me that rugby union was all you played, I'd accept that because the All Blacks dominate the sport.
Chuckle chuckle.
Well said Malen.
When a leader makes money (ie more than a salary) whilst in power it is the result of corruption, cronyism, influence trafficking, call it what you want, it is not good for the country.
Piñera was one of the richest men in the world before he took office, but even so I would have like him to have renounced (sold off) his business interests to ensure no conflict of interest.
Think
A rational Argentinean would denounce the corruption, rather than implying (as you do in your post @2) that it is ok because there are other leaders (and children of) in the world who have been bent.
Crime is out of control, this is one of Argentina's main concerns, which of course CFK answers by allowing the criminals out of prison to attend cultural pro-kirchnerist events!!!
Our savings are being stolen through the dollar clamp and 30% inflation, so the only thing left to wait for is hunger!!!!!
You lied about the argentine leader mass fortune! You see....
Now we all know how much she worth which it makes sense since real estate properties in Patagonia are very expensive.
Crime is out of control here in the USA. At any time a mental ill or an unemployed person can start shooting in any place, home invasions, drive by shooting....you name it! The city of Phoenix collects an additional 2% food sale tax to gain more revenues and keep all police officers in the payroll.
Who can afford the astronomically food prices here in the USA? Only the wealthy.
The average american family is suffering hunger because of the Obama
incompetency.
Obama is known as the food stamps USA president since 46 millons are collecting goverment food stamps assistance to survive the worst economy since 1924.
I know very well that is easy to go fishing in Patagonia and survive eating broiled merluza with mashed potatoes. How about sardines? I wish I could be in my home town just to eat fish every day!
Yoy say:
”A rational Argentinean would denounce the corruption, rather than implying (as you do in your post @2) that it is ok because there are other leaders (and children of) in the world who have been bent.”
I say:
I have made my position against corruption abundantly clear on this pages in the past…….
I never ”implied” that ”it is ok because there are other leaders in the world who are bent.”
Quite the opposite!
Anyhow……:
Any ”rational” person would know that those 8.6 million dollars declared assets from the Argentine president are fully accounted for.
That’s why they are Declared Assets…….
EVERY cent has been earned following the Argentinean legislation.
(Contrary to the ~30 million dollars recently found in some Swiss banks ”belonging” to the Pinochet family)
#8 Or maybe the fact its not exactly a millionaire mansion proves that thee mythical Swiss bank account doesn't exist and these declared earnings, no more than what most British cabinet millionaires, I mean ministers, have, is all they've got?
#17 ---I am one of the many Argentines who are not happy about the Kirchners makink so much money whilst in office---
But you still defend them
Because he has a balanced analysis. And principles.
#31 Surely rehabilitation is a good way of solving crime and the causes of crime, or are you more of a hanger and flogger type?
#34 That’s why they are “Declared Assets”…….
EVERY cent has been earned following the Argentinean legislation
Exactly, whatever one thinks of the etiquette of making this money while in office its not corruption as no laws have been broken. nd if there were to be any laws proposed making it harder to make money, some people on here would be crying communism and it wouldn't be me or Think =)
“Declared” is not the same as accounted for, but you are obviously at easy with the fact that your leader has amassed a fortune – good for you soldier.
Massa BK,
Again, one rule for what you expect of your own leaders and another for what you think South Americans should expect of theirs.
Jerry: ditto
-----------
--I am one of the many Argentines who are not happy about the Kirchners makink so much money whilst in office---
But you still defend them. --------
Do you know what the word integrity means? ---SO-- much money suggests they are greedy and thus if greedy theyre not trustworthy. Fullstop.
I then followed that with a fair, balanced comment that applies to any leader of any country... But you missed that.
Losing 2-0 must have hurt?
www.periodicotribuna.com.ar/12119-Cristina-y-la-millonaria-cuenta-suiza-que
Although I hold no brief for the PM and his cronies, they have come from a privileged background of inherited wealth.
As to CFK, I have no interest in her wealth or internal politics - as an Argentinian , you will obviously know about this better than me and can spout the party line when required
By the way, British Kirchnerist is an oxymoron.
Indeed. In football Uruguay punches well above its weight.
43 Clyde
Syntax error: superfluous “oxy” on line 7.
Financial center rocked by allegation.London_It's been a tense summer in the City of London as one bank after another has faced allegations of massive misbehavior.
First came the UK Bank Barclays, then there was HSBC another big London based bank which it faces fines up to $1 billon after the USA senate issued a damaging report last month stating it had failed to stop the laundering of the Mexican drug money.
Back in May, JPMorgan Chase & Co. disclosed a surprise $ 2 billon tradingloss”__later upgraded to $5.8 billon_racked up by its London office in a portfolio designed to hedge against risks the company takes with its money.
It seems to be that every big tradings disaster happens in London stated USA
Representative Carolyn Maloney told the House Financial Services Committee as it investigated JPMorgan's losses.
And now Standard Chartered, the most profitable of British banks, has been accussed by a regulator in New York of laundering Iranian oil money for years.
These scandals and greed never stop and undermined the reputation of the UK as a global standard setter.
1- you are off topic as the headline is about CFK
2-The Aroniza Republic not quite the quotable newspaper of the world, but I agree on the issue
3-most importantly, you are comparing apples to oranges. Corrupt activitites of private enterprise versus ELECTED (give her the benefit of the doubt) officials. Do you not hold a higher standard to elected officials in Argentina, or is corruption a political prerequisite nin Argentina?
The argentine leader invests on real estate properties in Patagonia which increases in value very rapidly. No one in this web page can prove that she is stealing from the poor. If any of you can prove it with proper documents you can be sure than more than one local and foreign newspapers will offer $$$$ to buy such information.
Let @9..... to answer me proving his statement about what he is claiming be missing (US $1 billon) from Santa Cruz.
Corruption of presidents and goverment officials is found in many countries including in my country, the USA. The biggest was former president Bill Clinton decision to give presidential pardon to AZ ex.Governor Fife Symington for defrauding several banks.
If any of you can prove it with proper documents you can be sure than more than one local and foreign newspapers will offer $$$$ to buy such information. You do know how much sense that statement makes to an international audience....right?
How much money in pension funds did you lose when they took private pension funds?
Giving presidential pardon to a crook such as AZ ex-governor Symington for defrauding banks is ILLEGAL.
US presidential pardons are for certain citizens that have made a mistake in their lives such as be in jailed for years for other types of crimes.
A presidential pardon should not be given to any one who has committed fraudalent actions with banks with the only objective to gain easy cash.
AZ Ex-Governor Symington did not pay back the millons of dollars several owed to banks.
While others US citizens pays their debts of less monies in federal prison for defrauding the US goverment or banks, Fife Symington got away from STEALING millons of dollars just because of his friendship with Bill Clinton.
Under title 28 - Artcle II , section 2, it does not define who is to be eligle for a presidential pardon, what crimes can and cannot be pardoned.......merely what is required to submit a pardon and eligibility requirements. No Sussie, you are completely wrong in calling it illegal. Argetnina may have it's own requirements and definitions, but the U.S. President has a lot more leeway in granting a pardon and it is not illegal. Illegal no, morally wrong.....absolutely.
I thought you were going back to Argentina so you could eat your fish instead of just smelling like one, you need some personal hygiene lessons. All my American friends are getting through this just fine, I guess its hard in any country to make ends meet working at Taco Bell, stop spitting in the chimichangas.
She , and the criminals around her , play you for the fools you are .
The K's have salted billions of dollars away from Santa Cruz oil revenues , gifts from Chavez and various backhanders and bought you off with planes sociales , financed by robbing pensioners and the middle class . They are destroying the farming sector by constantly raising taxes , ruining the small farmers and concentrating it in the hands of multinationals . In 15 years ' time Argentina will be owned by Cargill , Nidera , Monsanto and the Chinese .
I doubt these organisations will be so generous with social plans to keep idle folk like you in choris and wine .
IsoldaTurtle Head Agent ....you are wasting your time insulting me all the time. I don't need to work. Please, read the facts about the USA economy and the 15 trillion debt: the largest debt in HISTORY!
define what Bush did contrary to my constitution defined under Article II?
Everyone knows the us is in debt, what is your point? Does that make Argentina better off. If they stopped supporting illegal immigrants like yourself and make you pay taxes they could solve so much of their problems. You also old us once that your nieces or nephews were preparing to default on their student loans, maybe the US just needs to sit down and once and for all take care of their wet-back problem.
I really do not know why I bother to respond to your menial drivel as you never answer my questions. Deception and mis-information are two different things. One I am not going to debate the cause or the right and wrong of the war. I asked one simple question. What did Bush do contrary to the US Constitution that defined abuse of power? Did Jefferson abuse power sending Marine to Libya, or Madison in the War of 1812.....and so on and so on. In MY country that you are obviously ignorant of, as long as congress tips it's hat to the president, he does not abuse is authority. Read Article II. The US Congress authorized the use of force by 70% for 30% against for the Iraq war.......right or wrong, hindsight is 20/20 and foresight is usually blind. After 9/11 the USA was not going to take any chance.
Don't know about Jefferson (didn't know you were invading Arab ountries that far back actually!), Madison clearly wasn't as it was Britain that attacked America in that war, even burnt down the White House!
as long as congress tips it's hat to the president, he does not abuse is authority
So Nixon was right when he said if the President does it, its not illegal except he should have added Congress; scary!
And for the record, Nixon exceeded his constitutional authority by looking for numerous people and ultimately found Bork to fire speical prosecutor Archibald Cox.
Go find some pretend history in wikipedia and perhaps you may know something more of what you portend you know of America now. If you knew American history you would know my point was that congress voted to act.
I really loath insults, but you truly are a very stupid man that knows nothing and what you state and totally blinded by some obscure romantisim of peronism.
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