US EditionArgentina Court Orders Seizure of Properties Linked to Ex-President Fernandez De Kirchner
The court aims to recover about $500 million from over 100 assets tied to a corruption scheme that inflated public works budgets in Patagonia, judges said.
- Nearly $500 million in assets were ordered seized Tuesday by a court in Buenos Aires to restore the illicitly obtained assets linked to Cristina Fernández de Kirchner, seen by AFP.
- The Vialidad case examined 51 road‑building contracts tied to public‑works spending, finding tenders favored businessman Lázaro Báez through inflated budgets and unfinished works in Santa Cruz province.
- Detailed filings show the confiscation covers Cristina's residence in El Calafate, land in Río Gallegos where Los Sauces hotel was built, apartments tied to the family's hotel business, and properties and companies tied to Lázaro Báez and Julio De Vido.
- Judges said the move is about reclaiming losses for the Argentine state and taxpayers, not extending prison time, after Cristina Fernández de Kirchner’s six‑year prison sentence under house arrest and lifetime ban from public office.
- Supporters of Cristina Kirchner insist she faces right‑wing judicial hounding, while Argentina's Supreme Court upheld her conviction, testing investors and expatriates monitoring institutional strength.
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115 Articles
During a corruption trial in Argentina, testimonies evoked cash flows under the chairmanship of Nestor and Kirchner.
The setbacks are accumulating for Cristina Kirchner, the former president of Argentina, who was finally convicted of corruption last June. The courts have just tightened the conditions for her detention at home, and ordered her property to be seized for a record sum.
According to Infobae, the judicialized case of the children of footballer Rodrigo Rey obtained an emblematic resolution for the collective of children and families with Autistic Spectrum Disorders (ASD)
Assets from CFK and Lázaro Báez seized
The Federal Oral Court # 2 (TOF 2) in the Autonomous City of Buenos Aires has ordered the seizure of real estate and funds valued at an updated total of US$684,990,350,139.86 in the ongoing case concerning fraudulent administration against the State's Motorroads Bureau (Vialidad).
Argentine court orders $500 mn forfeiture in ex-pres. Kirchner graft case
An Argentine court has ordered nearly $500 million in assets seized from ex-president Cristina Kirchner and other beneficiaries of a corruption scheme for which she is serving a six-year sentence.
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