Featured Argentina

Money laundering: Cocaine dealers invest dirty cash in real estate, 47 properties seized

Up to 47 properties and numerous vehicles were seized in a police crackdown on a drug dealers’ network which involved investing drug money in the property market. In a joint operation between police in Spain, Italy, Argentina and Europol, almost 50 suspects were arrested regarding the gang’s activities, which… Read More

ECB calls for EU agency to combat money laundering

Europe needs a single agency to tackle money laundering, European Central Bank board member Benoit Coeure said on Friday after recent cases at European Union banks that have exposed gaps in the bloc’s ability to prevent financial crime. “We support any initiative that leads to a more harmonized and… Read More

Ex Argentine leader Fernandez to allow searches of her properties

Former Argentine President Cristina Fernandez agreed on Tuesday to allow investigators to search properties belonging to her as part of a corruption case in which construction company executives have said they paid bribes for government contracts. The scandal is of importance to next year’s presidential election, in which leftist Fernandez… Read More
7th August 2018
Argentine prosecutors questioned a construction executive related to President Mauricio Macri on Monday as part of a sprawling investigation into bribe payments made to the former government, a person close to the case told Reuters. Angelo Calcaterra, the former head of construction company Iecsa and Macri’s cousin, told prosecutors he… Read More
17th November 2017
By Ed Malyon, Independent A former Argentine football official killed himself on Tuesday, the same day that he was accused of taking bribes during the second day of a Fifa corruption trial that began in New York this week. Jorge Delhon, an executive with the Argentine government’s Football For… Read More
16th November 2017
By Oliver Laughland, Guardian A senior Fifa official took at least $1m in bribes to vote for Qatar to host the 2022 World Cup, a witness testified in court on Tuesday, as part of a broad investigation into corruption at Fifa. Julio Grondona, a senior vice-president at Fifa and head… Read More
15th November 2017
By Oliver Laughland, Guardian Some of the world’s largest broadcasters, including Fox Sports, were involved in bribe payments to Fifa officials in order to secure the broadcast rights to major South American football tournaments, a key witness in the investigation into corruption at football’s governing body has told a federal… Read More
14th September 2017
The credit report provider Equifax has been accused of a fresh data security breach, this time affecting its Argentine operations. Cyber-crime blogger Brian Krebs said that an online employee tool used in the country could be accessed by typing “admin” as both a login and password. Read More
4th August 2017
Argentina’s supreme court has ended an investigation into President Mauricio Macri’s role in two offshore companies named in the massive leak of law firm documents known as the Panama Papers. The court understood that the case should be investigated as a tax evasion matter, not as money laundering. Read More
2nd August 2017
The top prosecutors of Brazil and Argentina are accusing their governments of interfering in the creation of a joint anti-corruption task force to investigate bribes by the Odebrecht engineering group so that politicians, many of whom are under investigation, can themselves control the exchange of evidence. Brazil’s Prosecutor General Rodrigo… Read More
7th June 2017
The South American Football Confederation (CONMEBOL) on Tuesday formally accused two of its ex-presidents of embezzlement, money laundering, forgery and other criminal charges lodged with Paraguayan prosecutors. It said in a statement that it was pressing the charges against Nicolas Leoz and Eugenio Figueredo. Both have already been indicted in the… Read More
12th May 2017
Barrick Gold Corp failed to complete improvements to the Veladero mine in Argentina that could have prevented the third spill of cyanide solution in 18 months, leading to eventual sanctions for the world’s biggest gold miner, a judge told Reuters. Barrick appears to have missed deadlines on three orders from… Read More
5th April 2017
Argentina ex-president Cristina Kirchner has been criminally charged for the fourth time and her passport has been confiscated. The latest charges stem from alleged money laundering in real estate ventures.  … Read More