MercoPress. South Atlantic News Agency
Argentina says Belgian highest court rules against seizure of diplomatic accounts
The Belgian Supreme Court threw out an attempt by hedge funds to seize Argentina’s diplomatic accounts in that country, according to a release on Monday from the Argentine Foreign ministry. Read full article
Comments
Disclaimer & comment rulesArgentina: The Great Bugbear of tbe Bankers.
Dec 18th, 2012 - 04:09 am - Link - Report abuse 0“riffraffs”?
Dec 18th, 2012 - 08:36 am - Link - Report abuse 0thar argentine government is a big criminal gang of riffraff, crooks, thiefs, blackmailer who don´t pay their debts to private bondholders all over the world.
they hide their money in switzerland to avoid that it will be impounded. In all democratic countries such crooks would be thrown into prison. but arg IS a prison. to hell with them.
Watching criminals (argentines) desperately running from the law and their own responsibilities is quite fun though.
Dec 18th, 2012 - 08:47 am - Link - Report abuse 0ARGENTINA you have to be lucky all the time these guys need to be lucky just once If you would have paid your debts you would not be running from one court to another
Dec 18th, 2012 - 12:35 pm - Link - Report abuse 0What a complete embarrassment for Argentina yet again, how many times have they been to court in how many country's ????
Dec 18th, 2012 - 02:07 pm - Link - Report abuse 0And still they try to colonise a peaceful democratic successful set of islands that are about to choose to stay a BOT. About time the UN/EU/US and anyone else who represents self determination and freedom of all people's to make it clear to these despot Argies that they support the islanders rights.
On the positive side, this is doing wonders for the legal profession, they must be making a killing, up front of course!
Dec 18th, 2012 - 02:26 pm - Link - Report abuse 0Lawyers love making money; they invented legal aid, endless appeal processes, and ambulance chasing just so they could make more money.
Dec 18th, 2012 - 02:42 pm - Link - Report abuse 0Argentina, still oblivious to cause and effect.
Dec 18th, 2012 - 03:14 pm - Link - Report abuse 0.., and oblivious to the use of toilet paper and/or soap.
Dec 18th, 2012 - 03:30 pm - Link - Report abuse 0Its a lovely, lovely, lovely day, ta ra ta taaa.
Dec 18th, 2012 - 05:05 pm - Link - Report abuse 0Hardly Pro_RG, this is extremely embarrassing for a country that is trying to rub shoulders with far more powerful nations.
Dec 18th, 2012 - 05:35 pm - Link - Report abuse 0The whole idea of these cases isn't to obtain Argentine assets, its to embarrass Argentina and make life very difficult for Argentina.
And its working. I don't agree with this form of harassment and intimidation by these funds but I do also understand their frustration.
Essentially its a game that only the funds can win and Argentina can lose.
Xect
Dec 18th, 2012 - 05:42 pm - Link - Report abuse 0Lets be fair here, NML didn't lend any money to Argentina, and they surely bought the debts at reduced price. What frustration do you understand exactly? The one they got when they tried to profit from a country's default and didn't get away with it? Only frustration I understand is the actual buyers of the bonds.
Belgium has really educated people! it takes a lot of reading to understand Argentina's economic situation. I am sure justice will prevail.
Dec 18th, 2012 - 08:36 pm - Link - Report abuse 0http://www.gregpalast.com/the-globalizer-who-came-in-from-the-cold/
http://www.gregpalast.com/the-globalizer-who-came-in-from-the-cold/
it seems perhaps much coruption is going on in the politicle world of politics.
Dec 19th, 2012 - 12:11 am - Link - Report abuse 0@14 where there is a concentration of power and money, there is also corruption. That's simply how humanity works.
Dec 19th, 2012 - 01:37 pm - Link - Report abuse 0sad but true.
Dec 19th, 2012 - 02:14 pm - Link - Report abuse 0So, a company cannot sequester assets in lieu of re-payment if they are 'military' or if they are 'government'.
Dec 19th, 2012 - 05:14 pm - Link - Report abuse 0But a government can sequester the assets of a company if it is an oil company or a media company or any other type of company.
Seems to be an imbalance of 'natural justice' here.
Perhaps it might be worth listing national assets - home and abroad - that might be available to a company in lieu of payment.
Swiss bank accounts?
La Nacion and C5N have confirmed that ARA Espora has sailed from South Africa and is headed towards the Brazilian coast where it will join ARA Libertad to escort it into Mar Del Plata Naval base on January 9, 2013.
Dec 23rd, 2012 - 04:47 pm - Link - Report abuse 0MERRY CHRISTMAS AND A HAPPY NEW YEAR!
More good news! Seems Singer and his vultures have never had and have no prospect of getting any victories =)
Dec 24th, 2012 - 06:44 pm - Link - Report abuse 0Commenting for this story is now closed.
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