the Supreme Court of Justice The operation began with the return to the state of approximately $60 million in confiscated funds and assets belonging to Lazaro Baez and his son Martin Baez, in the case known as “Money Road K.”
The Director General of Internal Administration and Infrastructure of the Supreme Court, Sergio Romero, sent a letter to Judge Nestor Costabile, of the Federal Oral Tribunal 4 (TOF4), who convicted Baez, in which he noted that “a confiscation order has been issued by final judgment of the funds obtained from the auctions conducted within the framework of Incident No. 3017/2013/TO2/14 and the assets and properties registered in the name of citizens Lazaro Antonio Baez and Martín Antonio Baez.”
He also told him that “his registration was carried out under the ownership of the country’s Supreme Court of Justice,” all in accordance with the provisions of the Penal Code and the Code of Criminal Procedure.
Read the full memo here.
Minister of Economy, Louis CaputoToday, Wednesday, he explained what options are available to him government To meet the payment for Private bondholders With a value of 4.2 billion US dollars. The basic strategy is to wait for the decline Country danger Which allows refinancing maturities by placing new bonds religion at a reasonable rate. If this scenario does not materialize, he confirmed that he is conducting negotiations with him International banks To cover obligations.
During the traditional lunch Inter-American Council on Trade and Production (Cicyp) At the Alvear Palace Hotel in Recoleta, Caputo noted that with the initiatives the government is promoting in Congress – such as tax reform, the tax patent law, labor market reform, and the 2026 budget – “the risks facing the country are likely to converge to 300 basis points.” Today the index is around 640 points, so a sharp decline will be necessary.
Read the full memo here.