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Ex-Argentine leader Fernandez indicted in central bank case
Reuters on Yahoo News ^ | 5/13/16 | Hugh Bronstein

Posted on 05/13/2016 5:25:14 PM PDT by NormsRevenge

BUENOS AIRES (Reuters) - Former Argentine President Cristina Fernandez was indicted on Friday over accusations that she oversaw irregularities in the central bank's sale of U.S. dollars in the futures market while she was in office.

Federal Judge Claudio Bonadio charged Fernandez, her former economy minister Axel Kicillof and former central bank chief Alejandro Vanoli with "unfaithful administration to the detriment of public administration," according to court papers.

The ruling, which gives a green light for prosecutors to put Fernandez on trial, may be appealed. There was no arrest warrant.

The accusation is that the central bank took billions of dollars worth of money-losing positions in the futures market ahead of a widely expected devaluation of the Argentine peso.

Fernandez, who heads a large faction of the Peronist party, stepped down in December at the end of her second term.

(Excerpt) Read more at yahoo.com ...


TOPICS: Crime/Corruption; Foreign Affairs; Front Page News; Politics/Elections
KEYWORDS: argentine; centralbank; corruption; fernandez; indicted; peronist
Sing it, Cristina!!


1 posted on 05/13/2016 5:25:14 PM PDT by NormsRevenge
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To: NormsRevenge

WHAT?

Socialists arresting other Socialists? I thought they were all in this together because Socialism was so totally AWESOME and everyone should live that way!?!?

I’m confused...unless she was pegged as a ‘conservative.’

Then this all makes sense...


2 posted on 05/13/2016 5:33:14 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: NormsRevenge

I wish our country could be like one of those Latin American places where the corrupt politicians are subject to the laws. Unfortunately, we are a banana republic and our ruling class is currently untouchable.


3 posted on 05/13/2016 5:34:40 PM PDT by ClearCase_guy (Nation States seem to be ending. The follow-on should not be Globalism, but Localism.)
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To: Diana in Wisconsin

In the end, socialists and other thugs always end up turning on each other. Examples: The Night of the Long Knives and Stalin’s purges.


4 posted on 05/13/2016 5:36:14 PM PDT by piytar (http://www.truthrevolt.org/videos/bill-whittle-number-one-bullete)
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To: piytar

So basically, all Socialists are equal, but some are more equal than others?

*SMIRK*

I love it when they eat their own. It doesn’t happen often, but it’s still delicious when it does. ;)


5 posted on 05/13/2016 5:39:31 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: Diana in Wisconsin

Progressism — the constant march to a hive society. Yesterday’s radicals are today’s obsticals.


6 posted on 05/13/2016 5:58:43 PM PDT by Fhios (Going Donald Trump is as close to going John Galt as we'll get.)
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