Former Argentine president Carlos Menem and his former economy minister Domingo Cavallo were both formally indicted for embezzlement over the sale of the Rural Society property in the Buenos Aires high income Palermo neighborhood in 1991 at a price the court yesterday described as “vile.”
Argentina’s Civil and Commercial Court decided to lift the January judicial recess as requested by the administration of President Cristina Fernandez and also granted the cautionary measure appeal to the Argentine Rural Society (SRA) that blocks the presidential decree over the taking over of La Rural grounds in Palermo neighbourhood.