The Fort Worth Press - Argentine court orders assets worth $500 mn seized in ex-president Kirchner's graft case

USD -
AED 3.672498
AFN 66.374624
ALL 82.891062
AMD 382.105484
ANG 1.790055
AOA 917.000265
ARS 1446.111798
AUD 1.509457
AWG 1.80125
AZN 1.69945
BAM 1.678236
BBD 2.018646
BDT 122.628476
BGN 1.678398
BHD 0.376991
BIF 2961.256275
BMD 1
BND 1.297979
BOB 6.925579
BRL 5.31099
BSD 1.002244
BTN 90.032049
BWP 13.315657
BYN 2.90153
BYR 19600
BZD 2.015729
CAD 1.394565
CDF 2229.999854
CHF 0.803415
CLF 0.023394
CLP 917.729983
CNY 7.07165
CNH 7.067635
COP 3796.99
CRC 491.421364
CUC 1
CUP 26.5
CVE 94.616395
CZK 20.762402
DJF 178.481789
DKK 6.410465
DOP 63.686561
DZD 130.081006
EGP 47.5783
ERN 15
ETB 156.280403
EUR 0.85828
FJD 2.261962
FKP 0.750125
GBP 0.749325
GEL 2.702059
GGP 0.750125
GHS 11.416779
GIP 0.750125
GMD 73.000012
GNF 8709.00892
GTQ 7.677291
GYD 209.68946
HKD 7.78435
HNL 26.389336
HRK 6.462502
HTG 131.282447
HUF 327.919498
IDR 16652
ILS 3.231155
IMP 0.750125
INR 90.007498
IQD 1312.956662
IRR 42124.999891
ISK 127.879701
JEP 0.750125
JMD 160.623651
JOD 0.709011
JPY 154.910502
KES 129.349486
KGS 87.449585
KHR 4014.227424
KMF 421.999977
KPW 899.992858
KRW 1471.139743
KWD 0.30686
KYD 0.83526
KZT 506.587952
LAK 21742.171042
LBP 89752.828464
LKR 309.374155
LRD 176.902912
LSL 17.013777
LTL 2.95274
LVL 0.60489
LYD 5.447985
MAD 9.247548
MDL 17.048443
MGA 4457.716053
MKD 52.892165
MMK 2099.902882
MNT 3550.784265
MOP 8.035628
MRU 39.710999
MUR 46.070097
MVR 15.409729
MWK 1737.95151
MXN 18.21685
MYR 4.1095
MZN 63.902189
NAD 17.013777
NGN 1450.250119
NIO 36.881624
NOK 10.105016
NPR 144.049872
NZD 1.732875
OMR 0.3845
PAB 1.002325
PEN 3.37046
PGK 4.251065
PHP 58.994993
PKR 283.139992
PLN 3.62913
PYG 6950.492756
QAR 3.663323
RON 4.369801
RSD 100.749025
RUB 75.955865
RWF 1458.303837
SAR 3.752867
SBD 8.223823
SCR 13.590725
SDG 601.501691
SEK 9.412745
SGD 1.295395
SHP 0.750259
SLE 22.999848
SLL 20969.498139
SOS 571.823287
SRD 38.643498
STD 20697.981008
STN 21.023817
SVC 8.769634
SYP 11056.894377
SZL 17.008825
THB 31.864504
TJS 9.210862
TMT 3.5
TND 2.941946
TOP 2.40776
TRY 42.528197
TTD 6.795179
TWD 31.256047
TZS 2439.99956
UAH 42.259148
UGX 3553.316915
UYU 39.265994
UZS 11939.350775
VES 248.585901
VND 26362.5
VUV 122.113889
WST 2.800321
XAF 562.862377
XAG 0.017228
XAU 0.000237
XCD 2.70255
XCG 1.806356
XDR 0.70002
XOF 562.867207
XPF 102.334841
YER 238.399242
ZAR 16.93296
ZMK 9001.196253
ZMW 23.026725
ZWL 321.999592
  • CMSC

    0.0400

    23.48

    +0.17%

  • RBGPF

    0.0000

    78.35

    0%

  • SCS

    -0.1200

    16.23

    -0.74%

  • BCC

    -2.3000

    74.26

    -3.1%

  • RELX

    0.3500

    40.54

    +0.86%

  • NGG

    -0.5800

    75.91

    -0.76%

  • RIO

    -0.5500

    73.73

    -0.75%

  • GSK

    -0.4000

    48.57

    -0.82%

  • JRI

    0.0500

    13.75

    +0.36%

  • BCE

    0.0400

    23.22

    +0.17%

  • AZN

    -0.8200

    90.03

    -0.91%

  • VOD

    0.0500

    12.64

    +0.4%

  • RYCEF

    0.4600

    14.67

    +3.14%

  • BTI

    0.5300

    58.04

    +0.91%

  • BP

    -0.0100

    37.23

    -0.03%

  • CMSD

    -0.0300

    23.32

    -0.13%

Argentine court orders assets worth $500 mn seized in ex-president Kirchner's graft case
Argentine court orders assets worth $500 mn seized in ex-president Kirchner's graft case / Photo: © AFP/File

Argentine court orders assets worth $500 mn seized in ex-president Kirchner's 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.

Text size:

In a ruling seen by AFP on Wednesday, a federal court ordered the seizure of more than 100 assets, including properties, owned by 72-year-old Kirchner, two of her children, and others.

Kirchner, a dominant and polarizing figure in Argentine politics for over two decades, was first lady from 2003-2007, when her late husband Nestor Kirchner was president.

She succeeded him for two terms until 2015 and later served as vice president to Alberto Fernandez from 2019 until 2023, when Javier Milei took office.

In June, Argentina's the Supreme Court upheld her corruption conviction over the awarding of public works contracts in the southern Patagonia region when she was president.

She was allowed to serve her six-year sentence under house arrest with an electronic ankle monitor -- banned from holding public office for the rest of her life and ordered to pay back some $500 million.

In the ruling issued late Tuesday, the court ordered the seizure of assets for the same value, to "restore the illicitly obtained assets -- and their derivatives -- to the State...and at the same time compensate society for the material and symbolic damages resulting from the criminal conduct."

The order covers a property Kirchner owns in Santa Cruz province in the Patagonian region, and 19 assets transferred to her two children.

It also names 84 assets of businessman Lazaro Baez, who is serving time for corruption in road works in Santa Cruz during the administrations of Kirchner and her husband.

- 'I am not afraid' -

Kirchner is also on trial in a second graft case involving millions of dollars in cash bribes allegedly paid by businesspeople to government officials for the awarding of state contracts.

It has been described by prosecutors as "the biggest ever corruption investigation in Argentina's legal history," with over 80 defendants.

Trial hearings in that case are taking place via video conference because there is no courtroom in Argentina large enough to hold all the accused and their lawyers.

Kirchner, a charismatic politician revered by many on the left but detested by the right, maintains she is the victim of a right-wing judicial hounding aimed at destroying her career.

At the Buenos Aires apartment where she is serving her sentence, she receives allied politicians, greets supporters from the balcony, and posts frequent criticism of Milei's budget-slashing policies.

"I am not afraid. I know that history, as always, will put things in their place," she posted earlier this month.

"They can invent cases, manipulate judges, or write rulings, but they will not stop the organization of Peronism" -- the political movement she is associated with, named for ex-leader Juan Peron.

Kirchner's attorney in the case did not respond to AFP's request for comment.

B.Martinez--TFWP