Another former South American President faces charges
May 15, 2016
Assets belonging to former Argentine president Cristina Kirchner were frozen Friday after she was charged with damaging national finances by manipulating the Central Bank's exchange operations during her last months in office.
Federal Judge Claudio Bonadio said it was "evident that the then president gave instructions – which without a doubt were developed jointly – to her economy minister to carry out the financial operation," according to a statement released on the Supreme Court's website.
Bonadio ordered 15 million pesos' worth ($1 million) of Kirchner's assets to be frozen.
He delivered the same charge and asset freeze to Axel Kicillof, Kirchner's minister of the economy from 2013 to 2015 as well as former Central Bank president Alejandro Vanoli and 12 other former members of its board.
Kirchner, who held office from 2007 to 2015, is accused of having caused a loss in monetary authority through speculative dollar sales by the Central Bank at the end of 2015, just before the election of center-right President Mauricio Macri.
According to the current government, which opposed Kirchner, the operation caused a loss of hundreds of millions of dollars to Latin America's third largest economy.
The leftist former leader appeared in court in mid-April, where she refused to answer questions and instead presented a document demanding Bonadio's dismissal.
Bonadio is an open critic of Kirchner, who in the past tried to have him dismissed from his post.
Kirchner, 63, is no longer protected by political immunity since leaving office in December after two consecutive terms.
She has also been implicated in an embezzlement case, and along with her son, has been swept up in legal proceedings over irregularities in family real estate activities.
You can’t go past a news paper, radio show or television news story these days without being flooded by all things Bitcoin or Crypto Currency. Some say it’s the new world of money while others suggest its all just a passing fad. Whatever your position or preference of...
This week I announced a suite of measures for the Government to consider when it comes to small and medium sized business and what we can all be doing as we start to look at emerging from the COVID19 lockdown. The reality is that a good number of small business owners,...
As someone who has been working in suicide prevention for some years now i know that often having a simple conversation can make all of the difference when a loved one is doing it tough. COVID 19 and the lock down tends to amplify how we feel when we are isolation or a...
We know that mob out there are uncertain as to what the COVID-19 / Corona Virus means for them – this can cause us all to panic and some in community more so that others. Panic attacks can compound the situation so we gather some information about what you can do now t...
Don’t forget our elders can suffer in silence too: suicide prevention
Many people think that mental health and suicide are not topics that impact our elders but they could not be more wrong. The data tells us there continues to be an emerging trend when it comes to peop...