The Argentine government yesterday appealed an order by US Judge Thomas Griesa who asked some private banks to turn over information about Argentina’s assets abroad. The case had been started by hedge fund Elliott Management Corp’s NML Capital Ltd which is demanding in court full 100% payment of Argentine sovereign bonds face value.
Argentine President Cristina Fernandez has accused part of the United States judiciary of wishing to take Argentina to default, comparing Argentina’s situation with that which currently faces US counterpart Barack Obama.
Argentina claimed on Wednesday that the navy school training frigate “Libertad” has been retained in Ghana and blamed “unscrupulous financers” belonging to “vulture funds” who are demanding the payment of sovereign bonds, said the office of Minister Hector Timerman in an official communiqué.