MercoPress. South Atlantic News Agency
Argentine financial watchdog claims banks actively collude to take money out of the country
Argentina's head of the Financial Information Unit (UIF) watchdog, José Sbatella has accused major banks of not just participating, but actively organizing operations to move capital out of the country. The official made reference to ongoing cases involving capital flight against worldwide financial powerhouses HSBC, BNP Paribas and JP Morgan, in an interview published in Página 12. Read full article
Comments
Disclaimer & comment rulesI'm not surprised.
Jun 08th, 2015 - 08:10 am - Link - Report abuse 0Getting money out of Argentina should be everyone's goal. Before inflation destroys its value or the government steals it.
Many the government should look into WHY everyone wants to get their money out instead of how.
Jun 08th, 2015 - 10:50 am - Link - Report abuse 0All they need is a mirror.
It depends who was the recipient of the money!
Jun 08th, 2015 - 11:35 am - Link - Report abuse 0I wonder if Hernan Arbizu is going to be “suicided”?
I wonder who The Kirchner's used to get their money out of the country
Jun 08th, 2015 - 01:38 pm - Link - Report abuse 0All bank officials foreign and domestic should immiediately be imprisioned and held indefinitely. When more money enters than leaves, then they can be let free, but with surveillance collars.
Jun 08th, 2015 - 03:00 pm - Link - Report abuse 0Corruption in rotting roadkill is absolute.
Jun 08th, 2015 - 03:02 pm - Link - Report abuse 0The K-swine, however, are just mad because they didn't get their cut of the laundered money.
The aforementioned banks should be sanctioned internationally and given the choice of either foregoing rotting roadkill operations or surrendering their 1st world charters.
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# 4 with a score of 22!
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#104 with a score of 3.8!
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#1 with a score of 5393!
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#54 with a score of .52!
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#1 with 73%!
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#107 with a 34 score!
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Reeeekie writes: “Here It is, all the issues of a nation of forty-some million people explained in just seven words. We are all liars.”
https://www.wto.org/english/tratop_e/dispu_e/dispu_by_country_e.htm#respondent
If they've paid taxes on their funds they should be able to move them anywhere they want.
Jun 08th, 2015 - 04:39 pm - Link - Report abuse 0Who in their right mind would keep U$ in an Rg bank?
Nobody that's who
Silly creatures they made this mess all by themselves by not respecting private property rights or honoring debts.
They deserve to fail.
I know numerous posters in this forum have repeatedly berated corruption--and I read quite a few postings accusing the Argentina current government of corruption.
Jun 08th, 2015 - 05:33 pm - Link - Report abuse 0It appears some of those posters as above do not feel an urge to criticize the corruption that apparently festers in “serious” institutions such as HSBC, BNP Paribas and JP Morgan.
Skip, @1, says he is not surprised and apparently endorses illegal mechanisms to siphon money out of Argentina.
Shameful--double standard at its best.
They prefer to blame the victim instead.
It's alright Enrique.
Jun 08th, 2015 - 10:14 pm - Link - Report abuse 0Not only did you get your money out, but you got your body out too.
Guess you didn't want to be a victim of your own country! Hardly surprising I prefer to have Elizabeth II as my head of state rather than an Argentine.
Just like you.
@8
Jun 08th, 2015 - 10:29 pm - Link - Report abuse 0Someone in another forum said (no joke):
“Corruption in the Anglo-American business model is not malignant. It is a benign byproduct of innovative thinking. Innovation needs some corruption to keep improvements”.
So according to these 4th Reich Anglos, even Anglo corruption is “good”.
These people are just clowns. Just ignore them and have fun at their expense like I do.
Yes, Reeekie voted with his feet.
Jun 08th, 2015 - 10:31 pm - Link - Report abuse 0I would too if I had a choice between fascist inspired and characteristic Peronism and a constitutional monarchy under Elizabeth II.
Jun 09th, 2015 - 07:16 am - Link - Report abuse 0#9 Skip
Jun 09th, 2015 - 06:07 pm - Link - Report abuse 0Here's confirmation of what I just wrote.
Big business corruption: most posters here have nothing to say about it.
Skip, particularly, prefers to talk about my whereabouts.
Easier than thinking over an argument, isn't it?
You will never be taken seriously when you blindly defend a system that you refuse to live under.
Jun 09th, 2015 - 09:13 pm - Link - Report abuse 0The fact that you choose to live in another a country, means that country is offering you something that Argentina isn't. You will always lack credibility because you can't articulate those reasons.
Your comments on Argentina offer nothing insightful or even personal. Trotting out the same tired arguments of an extremely corrupt and dysfunctional government isn't a sign of intelligence, just a sign of the inability to think for yourself.
When you choose to compare the place you have chosen to live in with the place you idolise then you will gain some form of credibility. Because you so far have been unable to that. And that is extremely telling.
14 Skip
Jun 10th, 2015 - 12:13 am - Link - Report abuse 0Oh yeah I forgot. I'm daring to comment in a forum made out of third and fourth-generation, mate-drinking, pure breed Argentines. According to Skip, how would I know a thing about Argentina?
Apparently you've got to live in the Malvinas, U.K. or in the very U.S.A. if you are going to say something “insightful or even personal” about Argentina.
Reality is, it's uncomfortable to hear a different tune from the lullaby most posters here sing to each other.
Too bad. Mercopress policies do not include a residence condition, so my guess is, you're gonna read my posters for still some time. Hey, some posters are asking for me when I get lazy. Got to become more diligent.
Post away as much as you want.
Jun 10th, 2015 - 03:48 am - Link - Report abuse 0Won't change how worthless those posts are.
Reekie reminds me of Stevie.
Jun 10th, 2015 - 01:26 pm - Link - Report abuse 0Stupid to the point of being ridiculous.
We are all Chavez until it all falls apart.
I can't wait to see middle class Arg ladies fighting over the last bag of beans in BA.
I hope they televise it.
Stevie was much more mentally unstable. Enrique just seems...... a little slow!
Jun 10th, 2015 - 01:38 pm - Link - Report abuse 0I don't think Reekie is at all stable. He's a failed former terrorist watching his last hope of a Marxist Utopia fail.
Jun 10th, 2015 - 01:52 pm - Link - Report abuse 0I know he doesn't believe the crap he writes.
Wait until all of the spit and twine holding BCRA together gives out
Hyperinflation and mass street fighting will ensue
Just like Venezuela
Then a new poster will show up blaming the current gov't harping on the good ol' K days.
19 YB
Jun 10th, 2015 - 07:54 pm - Link - Report abuse 0Sorry to distract you with a few elements from reality. A whole bunch of mayoral candidates have left Sergio Massa. Several of them have jumped to...guess...the FpV!
Popular support for Cristina has been growing steadily for the last three months.
I knew these are news that'll make you happy. Just be careful with that coffee!
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