MercoPress. South Atlantic News Agency

Argentina's Adorni reports 944 million pesos in assets, including the homes from the probe

The document reports assets of those 944.6 million pesos and debts of 317.3 million (about $219,000), with a net worth of close to 627 million (about $434,000)

Argentina's Cabinet Chief, Manuel Adorni, declared assets of 944,575,052 pesos —about $653,000 at the 1,446-peso exchange rate he used— in the sworn declaration for 2025 he filed before the Anti-Corruption Office. The filing, now public, for the first time incorporates the properties that had surfaced in the judicial investigation for alleged illicit enrichment.

The document reports assets of those 944.6 million pesos and debts of 317.3 million (about $219,000), with a net worth of close to 627 million (about $434,000). The figure is 42.5% higher than what he had declared at the start of 2025 and is part of a series of amendments: when he took office in late 2023, Adorni had declared assets of about 61 million pesos, and a year later 107.9 million; after admitting he kept undeclared savings, he revised those amounts upward.

Among the properties is the house in the Indio Cuá gated community, in Exaltación de la Cruz, deeded in his wife's name in November 2024 and not detailed then. He acquired it for $200,000 and carried out renovations worth $245,000 which —according to sworn testimony by the contractor Matías Tobar— were paid in cash and without invoices. He also included an apartment on Miró Street, in the Buenos Aires neighborhood of Caballito, bought in November 2025 for $230,000: he put in $30,000 in cash and took on the remaining $200,000 through a private mortgage with two retired women who owned the property and who appear as his main creditors. His previous home, in Parque Chacabuco, is listed for sale at about $289,000, and an apartment in La Plata, which in 2024 he had declared as a “family donation” of 105 square meters, now appears as acquired with “own income” and with half that area.

For investigators, the figures still present inconsistencies. The declared dollar holdings went from 22,500 in the original version to 388,961 in the amended 2024 filing and to 209,961 in the 2025 one, labeled as “sale of assets.” The difference, of about $179,000, is what the official presents as the payment to the contractor for the renovations, although Tobar said he charged $245,000.

The filing did not end the political controversy. The PRO party issued a statement holding that the case “has no possible justification,” and together with the Radical Civic Union (UCR) distanced itself from the government, at a time when legislative support for Javier Milei's administration is fraying. The judicial investigation continues.