Via AP:

Former Argentine President Cristina Fernandez was indicted Tuesday in a corruption case involving public works.

Federal Judge Julian Ercolini approved charges of illicit association and fraudulent administration against Fernandez, and two former aides: ex-Planning Minister Julio de Vido and former Public Works Secretary Jose Lopez.

Also named was businessman Lazaro Baez, whose Austral Construcciones company allegedly benefited from irregular contracts.

The judge’s order froze the equivalent of up to $633 million of each defendant’s assets, though it was not clear they have that much.

The ruling published by official Center of Judicial Information said the defendants are accused of associating to illegally take public fund meant for public works between May 2003 and December 2015, largely in the southern province of Santa Cruz.

The judge said 52 contracts worth about $2.9 billion were assigned to Baez’s companies at prices that averaged 15 percent above the original budget.

Fernandez’s late husband Nestor Kirchner was president from 2003 until 2007.

Keep reading….

4 Shares