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Montevideo, September 26th 2018 - 01:05 UTC

Cristina Fernandez summoned to court in Buenos Aires: law enforcement will act if she refuses to comply

Saturday, November 26th 2016 - 11:01 UTC
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Cristina Fernandez was supposed to turn up at Bonadío's court in Buenos Aires this Friday, but instead showed up at the Rio Gallegos court house Cristina Fernandez was supposed to turn up at Bonadío's court in Buenos Aires this Friday, but instead showed up at the Rio Gallegos court house
 Bonadío's new summons was extended to the head of Federal Police, Nestor Roncaglia so that the branch in Rio Gallegos notifies Cristina Fernandez Bonadío's new summons was extended to the head of Federal Police, Nestor Roncaglia so that the branch in Rio Gallegos notifies Cristina Fernandez
The former president must turn up on Tuesday, 29 November, before 13:00 hours at the Buenos Aires court. If not she will be detained and taken by force The former president must turn up on Tuesday, 29 November, before 13:00 hours at the Buenos Aires court. If not she will be detained and taken by force

Argentina's ex president Cristina Fernandez has been ordered to court next Tuesday by federal magistrate Claudio Bonadio, and warned that should she not abide she will be taken by public force to comply with the registry of finger prints and undergo a socio-environment report. The decision refers to the dollar futures case for which the ex president has been indicted.

 Cristina Fernandez was supposed to turn up at Bonadío's court in Buenos Aires this Friday, but instead showed up at the Rio Gallegos court house requesting that she be summoned in the city where she now lives.

Bonadío's new summons was extended to the head of Federal Police, Nestor Roncaglia so that the branch in Rio Gallegos notifies Cristina Fernandez she must attend the Buenos Aires court, next Tuesday, 29 November, before 13:00 hours. If not she will be detained and taken to the Buenos Aires City court house.

In her Friday presentation in Rio Gallegos, Cristina Fernandez defense requested the judge to order law enforcement officers to take her finger prints and proceed with the socio-environment report at her home, Mascarello 441, in the Patagonian city.

Although the local magistrate does not have jurisdiction in the case unless specifically requested by the higher court in Buenos Aires, Cristina Fernandez not only presented herself at court but also at Federal Police headquarters to express her willingness to collaborate.

On Friday, in Buenos Aires, all was ready at Bonadío's court to receive the ex president, including a tight security perimeter, but the lady did not turn up and earlier in the morning her defense counsel Carlos Berardi presented a complaint, requesting the postponement of the summons and strongly criticizing the magistrate at the immediate higher level, a federal appeals court.

Berardi said magistrate Bonadío was abusing his authority and acting with “an arbitrary capricious conduct”, and warned that if the former president was arrested, he would be acting in violation of his client's freedom and committing a crime.

The charges date back to dollar futures contracts made under the auspices of the Central Bank in 2015. The investigation revolves around the sale of dollar futures worth US$17 billion payable through June 30, 2016. Those contracts, it was alleged, were settled with a dollar-peso exchange rate that significantly overvalued the peso in comparison to market expectations, particularly if Mauricio Macri won the ongoing presidential elections.

Following Macri's victory who also let the US dollar float freely, the Argentine peso in comparison to the greenback depreciated from 9.8 pesos to 13.3 pesos overnight. That devaluation had a direct correlation on the futures contracts, as the rate reached a low of 15.8 pesos to the US dollar in the first few days of March and has since slowly appreciated.

Although Cristina Fernandez refused to travel to Buenos Aires, media reports indicate the former president is preparing to launch a new political movement next 7 December under the name of Kirchnerite Federal Current (CFK in Spanish) with the purpose of campaigning for the midterm elections of next year and the presidential contest in 2019.

Cristina Fernandez has been particularly critical of Macri's economic policies and adjustments which have triggered recession, inflation and loss of jobs.

Categories: Politics, Argentina.

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  • Marti Llazo

    The good old days when you could get away with murdering a prosecutor. The good old days when you could levy heavy fines on anyone who tried to publish economic data contrary to the official party line. The days when you had to apply for a permit in advance for a peaceful demonstration. The days when you could employ your children to rob the nation blind. You know, the Kirchner Days.

    Nov 26th, 2016 - 06:10 pm +10
  • ChrisR

    “I still don't understand this dollar futures thing.”
    “Also what is she actually being prosecuted for?”

    “The investigation revolves around the sale of dollar futures worth US$17 billion payable through June 30, 2016. Those contracts, it was alleged, were settled with a dollar-peso exchange rate that significantly overvalued the peso in comparison to market expectations, particularly if Mauricio Macri won the ongoing presidential elections.”

    TMBOA, using the crock of shit that the argie pesos was at the time deliberately and willfully vastly overvalued the pesos resulting in massive dollar loses. She knowingly did this to embarrass Macri by pointing out to the Peronistas 'how Macri had 'cost them money' which many of the 14M uneducated and illiterate scum believed. They, like you, did not understand what was going on.

    She, of course, would have taken the opposite 'bet' and raked in the Dollars.

    It is yet another example how TMBOA didn't GAF about the country as long as she was alright.

    Nov 26th, 2016 - 06:56 pm +8
  • Marti Llazo

    wrong again reekie - on so many things. You can't seem to follow the news.

    CFK's own attorney made an appeal to the court having jurisdiction to have CFK present at Comodoro Py for fingerprinting, but on Dec 1, a date the judge did not agree to.

    Try to keep up.

    Nov 27th, 2016 - 12:44 am +8
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