News of money laundering

Clean slates – for greenbacks only

10-05-2025 07:25 At least two of this week’s main news items may be considered further setbacks in the fight against corruption. Every suspicion of a meticulously manipulated Senate result instead of free votes of conscience, while those complying with the conditions of last year’s tax whitewash might ask themselves why they went to all that trouble – a black week for removing the stain of corruption with no guarantee against more to come.

'Blanqueo permanente'?

Experts say Argentina’s dollar thirst could open door for illegal funds

06-05-2025 12:26 Experts raise concerns about legal and tax consequences of using undeclared money after Economy Minister Luis Caputo urged Argentines to take their dollars out and "remonetise" the economy – without having to answer questions.

by Eugenia Muzio

POLITICS – ANALYSIS

Tales of the blue (dollar)

29-03-2025 06:11 Milei and Caputo have promised to lift the 'cepo' currency controls. It won’t signal the end of the 'blue,' but it should reduce its importance and the wild fluctuations that voraciously mint millionaires and, at the same speed, erase their fortunes.

by Agustino Fontevecchia

Congress & Politics

Entre Ríos lawmaker accused of money-laundering expelled from Senate

13-12-2024 13:29 Entre Ríos Senator Edgardo Kueider expelled from upper house while detained in Paraguay on suspicion of money-laundering; He and other detainee found with more than US$200,000 in cash as he attempted to cross border.

POLITICS

Entre Ríos senator facing money-laundering probe requests leave of absence

10-12-2024 20:01 Entre Ríos Senator Edgardo Kueider requests leave of absence from upper house while detained in Paraguay on suspicion of money-laundering after being found carrying more than US$200,000 in cash across border.

INTERNATIONAL ASSESSMENT

Argentina dodges FATF money-laundering ‘grey list’

24-10-2024 18:44 Financial Action Task Force money-laundering watchdog approves report on Argentina and Milei government avoids possible sanctions which might have placed investments at risk.

FIGHT AGAINST MONEY-LAUNDERING

Argentina at risk of falling onto FATF money-laundering ‘grey list’

31-08-2024 05:54 President Javier Milei wants to introduce a ‘blanqueo’ whitewash amnesty for undeclared assets. But his plan could see Argentina fall foul of the Financial Action Task Force money-laundering watchdog. RIGI multi-billion dollar investment incentive scheme is also under scrutiny.

by Ariel Maciel

TAX-EVASION SCANDAL

'Panama Papers' trial to begin eight years after tax scandal

08-04-2024 09:20 Twenty-seven people in the dock for money-laundering as the "Panama Papers" case reaches trial, eight years after scandal first broke out.

'Yachtgate' scandal

Almost US$600,000 seized by police from Sofía Clerici’s home

24-10-2023 16:51 US$569,700 confiscated by Federal Police from the home of model Sofía Clerici at the upmarket neighbourhood of Nordelta in the framework of the money-laundering and embezzlement case.

CRIME

‘Croat’ Ivo Rojnica arrested by police in Nordelta

24-10-2023 16:20 Ivo Rojnica, allegd boss of Nimbus Group parallel exchange house, arrested in the middle of 23 raids ordered by federal judge. Businessman Federico Pulenta and another financier also apprehended. The case is for money-laundering linked to alleged drug-dealing.

CRISTINA & THE COURTS

Supreme Court delivers judicial setbacks for Cristina Fernández de Kirchner

10-10-2023 18:37 Argentina’s highest court moves to dismiss different claims made by the former president’s defence team in the money-laundering and Iran memorandum cases.

CRISTINA & THE COURTS

Double judicial setback for Cristina Fernández de Kirchner

18-09-2023 23:20 Federal Appeals Court orders reopening of two high-profile cases against Argentina’s vice-president: Hotesur-Los Sauces corruption probe and controversial Memorandum of Understanding with Iran. Beginning of both trials likely to be delayed due to additional appeals.

Political Scandals

Colombian president's son arrested on money-laundering charges

31-07-2023 12:43 Nicolas Petro was arrested on July 29th, 2023, on charges of money laundering and illicit enrichment in a scandal linked to his father's election campaign, officials said.