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Wednesday, 28 December 2016

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Ex-Argentine leader Kirchner charged, $633M frozen in corruption case, $633M frozen in corruption case

A judge on Tuesday approved criminal corruption charges against former Argentine leader Cristina Fernandez de Kirchner and ordered frozen more than $630 million of her assets, pending the outcome of a federal trial. Judge Julian Ercolini supported charges of illicit association and fraudulent administration against the ex-leader, for allegedly steering dozens of government contracts to a personal business acquaintance. Kirchner, who endured multiple corruption scandals while she was in office between 2007 and 2015, has denied any wrongdoing and said the prosecution is politically-motivated. In addition to upholding the criminal charges, Ercolini also ordered $633 million of Kirchner's assets to be frozen pending the outcome of the prosecution.

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