More Offshore Companies Linked to Macri Family

[Judi Lynn]

Source: La Prensa

More Offshore Companies Linked to Macri Family


Buenos Aires, Dec 26 (Prensa Latina) The Panama Papers have revealed more offshore companies linked to President Mauricio Macri who''s linked to a new one now in New York.

Local media has reported that the Argentinean deputy for the opposing Frente Para La Victoria Dario Martinez will widen his accusation of money laundering against President Macri.

The accusation includes the involvement of 50 offshore companies (in Panama, Hong Kong, Bahamas, London, Belize, Dubai, Grand Cayman Island and Florida) linked with the Macri family and an account opened in New York under the name of the Argentinean President.

The account with Banca della Svizzera Italiana, based in New York has made transactions of over 50 million dollars.

Read more: http://www.plenglish.com/index.php?o=rn&id=7396&SEO=more-offshore-companies-linked-to-macri-family

[bucolic_frolic]

1. Secrets hard to keep in internet era

Everything's connected! Even secret things are transparent or
suspected. No place to hide.

[tenorly]

2. Emoluments, tax dodging, and a weaponized judiciary: Macri, the Argentine Trump.

Thank you for posting this, Judi.

It's worth noting that each of these accounts violates Argentina's disclosure laws for all public officials - i.e. that any and all accounts and assets, be they in Argentina or overseas, must be declared before said official even takes office.

Macri declared none of these.

Argentina also has emolument laws that ban officials in the position to benefit his or her family from doing so by way of contracts or in any other direct way.

Decreeing an economy-busting 40% devaluation just after buying millions in dollar futures (as public records clearly show) is one example of his violating this law; granting his "poor cousin" Ángelo Calcaterra (the Macri family's construction empire trustee) $3 billion in public works contracts is another.

But like Trump, he has enough judges, media, and legislators on his side to make sure he's not held to account. His populist predecessor Cristina Kirchner - much like Hillary Clinton - was not so lucky, and has instead had to face one circumstancial or even absurd charge after another.

He's doing her a favor, really, judging from her poll numbers - and she's not as yet running for anything.

Thanks again for posting.