Tag: American Task Force Argentina (AFTA)

• Wednesday, February 3rd 2016 - 07:23 UTC

  Argentina agrees to pay Italian bond holders including “a reasonable interest”

  

  Argentina announced Tuesday that it reached a $900 million preliminary accord to settle its pending debt with 50,000 Italian holders of defaulted Argentine government bonds. Finance minister Alfonso Prat-Gay said that the agreement with Italian bondholders includes the Argentine government's acknowledgement of the debt “and reasonable interest”.

• Friday, March 20th 2015 - 08:03 UTC

  US website to honor Nisman has among its sponsors the head of a hedge fund in litigation with Argentina

  

  A Washington-based think-tank launched a website and award to honor the memory of late AMIA special prosecutor Alberto Nisman yet its founders raised a few eyebrows as they include someone who has an ongoing court case and regularly spoken ill of Argentina.

• Thursday, February 12th 2015 - 06:02 UTC

  Holdouts open new front in dispute with Argentina: officials dramatic increase in their personal wealth

  

  US holders of defaulted Argentine bonds have stepped up their campaign for full repayment of their loans by detailing how 14 senior Argentine officials experienced “dramatic and often unexplained increases” in their personal wealth during service in the Kirchner administrations.

• Wednesday, November 5th 2014 - 04:30 UTC

  US reply to Argentina: Soderberg's responsibilities as public servant not linked to bonds' dispute

  

  The US Department of State has backed the appointment of Nancy Soderberg as Chair of the Public Interest Declassification Board (PIDB), saying her “responsibilities” as public servant are “not linked” with Argentina’s dispute with the holdouts, Argentina's Telam news agency reported.

• Friday, October 31st 2014 - 21:21 UTC

  Argentina's holdout dispute spills into the White House: CFK sends letter to Obama questioning Ambassador Soderberg

  

  In a harsh letter, released on Friday, Argentine President Cristina Fernandez urged US President Barack Obama to explain whether ”Nancy Soderberg, the person you have appointed as Chair of the Public Interest Declassification Board (PIDB), which reports directly to the Government of the United States of America, is also the Co-Chair of the American Task Force Argentina (ATFA), an entity specifically created to attack and slander the Argentine Republic and its President.”

• Thursday, October 9th 2014 - 08:23 UTC

  “Holdouts” reveal alleged money laundering operations of business people close to Cristina Fernandez

  

  The American Task Force (AFTA) sponsored by 'holdouts' NML in litigation with Argentina over sovereign bonds payment, revealed on Wednesday foreign accounts of Argentine public works contractor, believed to be involved with the Kirchner family businesses, Lazaro Baez, and showed a map with the money movement, allegedly committing the crime of money laundering.

• Monday, October 6th 2014 - 07:33 UTC

  Italian holdouts, following on Paul Singer, present demand against Argentina

  

  Italian bondholders filed a complaint order to United States District Judge Thomas Griesa asking to be given the same benefits as Aurelius Management and NML Management, the “holdouts” that were authorized by Griesa to be paid the full debt Argentina has with them.

• Saturday, September 27th 2014 - 06:11 UTC

  US/Argentina are going through 'a difficult period'; Timerman downplays situation

  

  US Assistant Secretary of State for the Western Hemisphere Roberta Jacobson has said the bilateral relationship with Argentina is going through a “difficult period”, but stated the legal battle between that country and holdouts is not a “political problem” but a “judicial problem.”

• Friday, September 26th 2014 - 16:44 UTC

  Germany takes distance from 'holdouts' controversy and praises Argentina

  

  Angela Merkel’s administration attempted to lower tensions with the Argentine government on Thursday following controversial statements made by German Finance Minister Wolfgang Schauble regarding the so called 'holdouts' or 'vulture funds' conflict.

• Saturday, August 9th 2014 - 07:45 UTC

  Despite warning, Kicillof again defies and again accuses Griesa of 'partiality'

  

  Economy ministry Axel Kicillof once again defiantly insisted Argentina has made a required debt payment on restructured sovereign bonds on Friday night, just hours after a U.S. judge threatened a contempt-of-court order if Argentina did not stop issuing such statements.