The man accused of being the front-man for Argentina's former presidents Néstor and Cristina Kirchner in alleged widespread corruption schemes appeared in court on Tuesday to face charges of money laundering. Lázaro Báez is accused of participating in a money-laundering scheme known as the K-money route. It involves some US$60 million in alleged dirty cash.
Argentine national deputy Máximo Kirchner and eldest son of former presidents Néstor Kirchner and Cristina Fernández de Kirchner, appeared in court on Tuesday morning to testify in the so-called ‘notebooks’ corruption case, probing the alleged payments of millions of dollars in bribes and kickbacks siphoned off from public works projects.
Brazil’s far-right presidential candidate Jair Bolsonaro has promised to continue his country's participation in the Mercosur trading bloc but says he will move it away from “ideology”.“The Mercosur has value but it was disfigured by the PT (Brazil's Workers' Party)”, Bolsonaro said at a press conference in Rio de Janeiro on Thursday. “I won’t abandon the Mercosur but it won’t continue to be guided by ideology”, he added.
The son of Argentine ex president Cristina Fernandez, Máximo Kirchner will appear later this month in court to testify in the so-called notebooks of corruption investigation, after Federal Judge Claudio Bonadio summoned the national congressman.
Argentina will pay for unforeseen increases in the cost of cooking gas following public outrage and opposition in Congress to stymie the plan which would have seen consumers paying increased gas prices in 24 installments from January 2019.
A court convicted a former Argentine federal planning minister Wednesday of contributing to a deadly 2012 train crash by failing to oversee the operations of commuter railways.
Former president Cristina Fernández de Kirchner and her children, Florencia Kirchner and Máximo Kirchner, will face trial on alleged money-laundering allegations after a federal judge this week decided to elevate his investigation, sending it to oral and public trial. Disgraced Kirchnerite business allies, Lázaro Báez, Cristóbal López and Fabián De Sousa will also face trial.
Argentine World Cup winner Diego Maradona has spoken of his interest in entering the world of politics in his home country, even offering to be the vice-presidential candidate to former leader Cristina Fernandez de Kirchner.
A former Rio Gallegos civil servant said Cristina and Máximo Kirchner were involved in the 2013 operation to prevent the cash from being found during a court-mandated raid. Danilo Alberto Penissi testified before Judge Claudio Bonadio in the investigation into the notebooks of corruption case.
Argentina has “nearly closed” a new currency swap deal with China that will add the equivalent of US$ 9 billion to the South American country’s reserves, the central bank said on Sunday. Argentina and China first agreed to a swap program in 2009 to boost the South American country’s dwindling reserves under former President Cristina Fernandez. Last year, the center-right government of President Mauricio Macri and China agreed to extend the program for three more years.