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Argentina and Repsol in another clash: this time over board members payments

Monday, June 3rd 2013 - 05:35 UTC
Full article 18 comments

Argentina's nationalized energy company YPF will sue the head of Repsol SA over accusations that YPF's board members were overpaid when the Spanish oil major held a majority stake in the company, the government said. Read full article

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  • TroLLey_to_Truth

    Ugghh, go away Spanish. You are not wanted in Argentina and don't ever return. Stay in filthy Europe where you belong gallegos.

    Jun 03rd, 2013 - 06:37 am - Link - Report abuse 0
  • Xect

    Wow, only in Argentina this could happen.

    So lets get this right Argentina steals Repsol's company and then decides to sue Repsol the rightful owner for allegedly overpaying directors.

    Sometimes truth is stranger than fiction.........

    Jun 03rd, 2013 - 06:38 am - Link - Report abuse 0
  • TroLLey_to_Truth

    Yes, that's right.

    Now go away too. Man I'm sick of these arrogant Europeans with strange diseases.

    Jun 03rd, 2013 - 06:39 am - Link - Report abuse 0
  • Xect

    Your country is full of European's old chap so is your countries heritage.

    If you don't like Europeans, I'd suggest you leave Argentina and head to somewhere like Asia.

    :)

    Jun 03rd, 2013 - 06:43 am - Link - Report abuse 0
  • TroLLey_to_Truth

    No I do not like Europeans. They love bragging about their “accomplishments” from their long history, and at the same time renege any wrong doing of their crimes and wicked acts they inflicted on a large portion of the world.

    Pretty pusillanimous attitude.

    Jun 03rd, 2013 - 06:48 am - Link - Report abuse 0
  • Xect

    Ah back to deflection I see. Shall we talk about the subject in hand or do you want to vent your spleen a little more?

    I do wonder if this is some low rent attempt to discredit Brufau.

    Jun 03rd, 2013 - 06:51 am - Link - Report abuse 0
  • CJvR

    LOL! KCF is just pissed she wasn't asked to join the board.

    As for production, shouldn't YPF have quadrupled it's production by now under the “leadership” of KFC's handpicked minions?

    Jun 03rd, 2013 - 06:52 am - Link - Report abuse 0
  • TroLLey_to_Truth

    This is the topic, stupid Euros (YPF) meddling where they got no business to meddle. Just pay the settlement and problem solved.

    Jun 03rd, 2013 - 06:56 am - Link - Report abuse 0
  • golfcronie

    @8
    Just a minute. Has Argentina paid their debts? Don't think so. You lot always avoid paying its debts, so why should REPSOL pay if found guilty. What court will they have to attend, Argentina or Madrid?
    You must be Mapuche?

    Jun 03rd, 2013 - 08:43 am - Link - Report abuse 0
  • Biguggy

    TTT and logic have yet to meet.

    Jun 03rd, 2013 - 08:54 am - Link - Report abuse 0
  • Anglotino

    @9 golfcronie

    Actually Nostrils parents emigrated from Europe.

    Self-loathing is what gets him through his miserable existence.

    Jun 03rd, 2013 - 09:23 am - Link - Report abuse 0
  • RICO

    This is not an intractable problem. If Argentina proposes that it deducts the 38 million from the 10 billion it owes Repsol I am sure Repsol will agree in return for Argentina guaranteeing it will repay the debt by the end of June - problem solved.

    Jun 03rd, 2013 - 10:37 am - Link - Report abuse 0
  • yankeeboy

    They have to use the RG courts so who cares? I am sure that guy will never go back to Argentina anyway and no country will allow Argentina to collect.

    Jun 03rd, 2013 - 10:56 am - Link - Report abuse 0
  • Biguggy

    This will just send yet another message to possible investors in RGland. Should you be foolish enough to set up shop here the crooks and thieves (Govmt.) will want to run your business.

    Jun 03rd, 2013 - 11:16 am - Link - Report abuse 0
  • Conqueror

    @1 I've travelled a lot in Spain. I haven't seen any signs of ramshackle “shanty towns” made from salvaged tin and corrugated iron, or wood, or cardboard. With “streets” littered with garbage and excrement. Where there is no running water or sewage “disposal”, unless it rains. And where electricity is obtained by illegal connections to power lines!
    @3 The diseases are “strange” because we've moved beyond “spirit healers” and “witch doctors”. We now know how they come to be and how to cure them. No more need for the local “shaman” trying to pick out who put a curse on you. But I'd like to help. If you stop eating all that genetically-modified stuff laced with all those nasty chemicals AND all that nasty meat contaminated with growth hormones and veterinary drugs, you'd feel a lot better. The double vision, the shakes, the overwhelming urge to “mate” with individuals of the same gender, the mental instability will gradually fade away. You will become more “streamlined”. Especially after your balls (if any) drop off.
    @5 Would you like a list of argie crimes? All of which were committed by “someone else”. Of course, according to argies, no argie has ever committed a crime. In addition, despite the fact that, according to official figures, 97% of the argie population is classified as “European”, argies actually sprang, fully formed, from the soil. Or fell from the sky. But not from Europe.
    @8 Strange that. A lot of people say the same thing. So why doesn't argieland settle its debts currently in excess of US$100 billion. Plus the US$10 billion it owes Repsol. Plus war reparations to the Falkland Islanders.
    @14 Not until its been made into a going and profitable concern. Then they steal it and ruin it. Because they don't know how to “run” anything. Except possibly a “bent” poker game.

    Jun 03rd, 2013 - 11:53 am - Link - Report abuse 0
  • manchesterlad

    I guess Galuccio is feeling the heat, the so called savior of YPF & defender of Argie control over it´s natural resources is finding out it´s more difficult to save a dinosaur than he first thought.

    What happened to CFK´s promises of increased production & less reliance on imported oil??? We have seen the exact opposite with decreased production &
    record oil imports draining the bank reserves even more....... I think they realize that Repsol´s performance wasn´t that bad after all

    As for Troll to Troll he´s still angry that his European father abandoned him as a child once he realized how dumb & ugly he was.......poor baaastard!!!

    Jun 03rd, 2013 - 02:31 pm - Link - Report abuse 0
  • Troy Tempest

    @7CJvR

    “LOL! KCF is just pissed she wasn't asked to join the board.

    As for production, shouldn't YPF have quadrupled it's production by now under the “leadership” of KFC's handpicked minions?”

    On the “Petrobas” article the reporter is talking about a corruption conflict of interest - as Petrobas prepares to divest itself of some of its holdings in Argentina, CFK et al are attempting to take advantage of the situation to grab them for themselves.
    I'm sure that she sees the advantages of personally controlling the country's energy sector. She has created the climate to drive the legitimate owners out.

    Jun 03rd, 2013 - 03:13 pm - Link - Report abuse 0
  • Simon68

    7 CJvR (#)
    Jun 03rd, 2013 - 06:52 am

    Actually she was represented on the board by her front man Mr. Eskenazi, who was given 25% of the shares that were paid for out of the “illegal” dividends paid out by Repsol, the last 6% of which were returned to Repsol because of non payment after the theft of their 51% shares!!!!!!!!!

    Jun 03rd, 2013 - 03:21 pm - Link - Report abuse 0

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