Saudi, Russian foreign ministers discuss regional issues in phone call    MWL chief meets Italian president in Rome; thanking him for supporting two-state solution    Saudi King and Crown Prince express condolences over deadly mid-air collision in Washington    National Cybersecurity Authority launches 2nd phase of Postgraduate Scholarship Program    Ettifaq sack Steven Gerrard after poor results, appoint Saad Al-Shehri as new head coach    GASTAT: Real GDP records growth of 4.4% in Q4 2024    Saudi Arabia launches inaugural Art Week Riyadh on April 6-13    Saudi crown prince and European Council president discuss over phone ways to enhance cooperation    Pentagon strips Gen Mark Milley of US security detail and clearance    Meta to pay $25m to settle Trump lawsuit over ban    Far-right vote on asylum rocks German parliament    Ex-US Senator Bob Menendez jailed for 11 years for bribery    HP is redefining the Future of Work with AI    NEOM's THE LINE set to begin vertical construction by end of year    Mona Lisa to be moved as part of major Louvre overhaul    Al-Nassr announces transfer of Brazilian forward Talisca to Fenerbahçe    Neymar bids heartfelt goodbye to Al-Hilal: I will always support you    SFDA chief rules out plan to ban sale of cigarettes or vapes    Al Hilal and Neymar mutually agree to part ways    Saudi Film Commission Joins Asian Film Commissions Network (AFCNet)    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Argentina's vice president charged with bribery
Published in The Saudi Gazette on 29 - 06 - 2014

Argentina's Vice President Amado Boudou gestures as he arrives to a ceremony in Buenos Aires, Argentina, in this file photo. — AP
BUENOS AIRES — An Argentine judge has charged Vice President Amado Boudou with bribery and conducting business incompatible with public office in the acquisition of the company that prints the country's currency and of later benefiting from government contracts.
Boudou is accused of using shell companies and secret middlemen to gain control of the company that was given contracts to print the Argentine peso and campaign material for the ticket he shared with President Cristina Fernandez.
Federal judge Ariel Lijo's decision was published Friday night on the justice department's website. The judge also ordered 200,000 pesos ($25,000) seized from Boudou, who will remain free while he waits trial in the case along with five other defendants.
Boudou is the first sitting Argentine vice president to face such charges. He could be sentenced to between one and six years in prison, and a lifetime ban from elective office. Boudou, who is on an official trip to Central America, says he's innocent of the accusations despite ample evidence linking him to other defendants that was made public through investigative reports by Argentina's newspapers.
Many Argentines have questioned why Fernandez has remained loyal to her No. 2 when allegations have made him Argentina's least popular politician, opponents are threatening to impeach him and some allies say he should resign. His falling fortunes have left the government without a clear presidential successor ahead of the 2015 elections. Fernandez has yet to speak publicly about the case.
Boudou is accused of acting as economy minister and then vice president to smooth the Ciccone Calcografica printing company's exit from bankruptcy and engineer its purchase by a shell company so he and other secret partners could benefit from unusual tax exemptions and lucrative government contracts.
The shell company, The Old Fund, was led by businessman Alejandro Vandenbroele, who is accused of secretly representing Boudou in business deals. The scandal broke open after Vandenbroele's former wife exposed the alleged arrangement, saying she had to give media interviews because her life was being threatened for what she knew.
Others who were ordered to testify in the case included longtime Boudou friend and business partner Jose Maria Nunez Carmona; Vandenbroele; former tax agency official Rafael Resnick Brenner; printing company co-founder Nicolas Ciccone; and his son-in-law Guillermo Reinwick. The Ciccones have said Boudou was personally involved in the negotiations that persuaded them to sell 70 percent of the family company to The Old Fund.
Boudou has denied participating in the meetings. He has said he wasn't involved with The Old Fund, even though documents published by the newspaper La Nacion show the company paid his girlfriend's travel company for vacations taken by his friends and relatives.
Boudou also said he didn't know Vandenbroele, but the businessman's name was on bills at one of Boudou's apartments, according to copies published by La Nacion. Boudou has not denied signing a decree as economy minister that effectively erased the printer's debts by enabling the new owners to pay back taxes over many years at below-market interest rates. — AP


Clic here to read the story from its source.