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Montevideo, May 25th 2018 - 01:30 UTC

Cristina Fernandez formally charged of money laundering and illicit association

Tuesday, May 15th 2018 - 06:36 UTC
Full article 33 comments
The ex president, now Senator Cristina Fernandez, and her two children, Máximo, a member of the Lower House and Florencia. The ex president, now Senator Cristina Fernandez, and her two children, Máximo, a member of the Lower House and Florencia.
A statement from the court said that Judge Ercolini had frozen assets belonging to the family worth 800 million pesos (some 32 million U.S. dollars) A statement from the court said that Judge Ercolini had frozen assets belonging to the family worth 800 million pesos (some 32 million U.S. dollars)

Argentine federal judge, Julian Ercolini, on Monday began legal proceedings against former President Cristina Fernandez de Kirchner (2007-2015) and her two children on charges of money laundering and illicit association.A statement from the court said that Ercolini had frozen assets belonging to the family worth 800 million pesos (some 32 million U.S. dollars).

 Ercolini, who oversees the 10th Federal Criminal and Correctional Court of Buenos Aires is investigating Fernandez de Kirchner and her children, Maximo and Florencia Kirchner, after businessmen who won public contracts were found to have allegedly given kickbacks to hotels owned by the family.

The judge said that the case was looking into a potential money laundering ring using funds obtained from bribes given in exchange for public contracts.

According to judicial investigators, the money was laundered through the fictitious renting of rooms at the Alto Calafate hotel, run by the Hotesur firm which is owned by the Kirchner family.

The case began in November 2014 after a tip-off from then national deputy Margarita Stolbizer.

Fernandez de Kirchner denies all the charges and has repeatedly stated she is the subject of a “political persecution” by the current government.

Categories: Politics, Argentina.

Top Comments

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  • Lord Lucan

    Dont forget the assassination….

    May 16th, 2018 - 03:54 pm +3
  • Jo Bloggs

    Ask Alto calafate to produce receipts for pastries, bread rolls and wine that reconciles with the number of guests they allege to have hosted.

    May 15th, 2018 - 02:23 pm +2
  • The Voice

    The Twinkle Vegetable can whine all day but we all know the truth about the corruption, clandestine misappropriation of public funds and blatant nepotism.

    May 16th, 2018 - 03:41 pm +2
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