YPF -Fall: NGO calls for dismissal about “international criminal conspiracy”

An NGO tries to join the expropriation of the YPF Oil and Gas Company in New York. It is asked that judge Loretta Preska was convicted of the judgment of 2023, the Argentina, by $ 16.1 billion. Republican measures for the ex-division application of Argentina argue that the nationalized shares were previously received by corruption.

In a letter that was sent to Preska on Monday evening, Argentina agreed to work with the investigation proposed by the NGO, and said that the government, “under President Milei, takes all the allegations of corruption very seriously.” In a separate letter to the judge, Burford, the hedge fund that won the case, the “Application of the NGO must both be denied because it is out of date and because [the NGO] has no interest in this legal dispute. “

In 2008, four years before expropriation, Petersen bought a newly founded business group, 25% of the YPF participation of the Spanish company Repsol. Ezkenazis, a traditional family in the province of Santa Cruz, had the group.

“The Ezkenazis have practically gotten without a cent for the buyout in YPF, which was financed by credits from repsol and financial institutions. These credits should be repaid with company profits ” Herald. According to Irazu, the Ezkenazis were front men of the former President Néstor Kirchner and his wife, the then president Cristina Fernández de Kirchner.

A leaked intelligence report created during the administration of Mauricio Macri made the same theory.

A spokesman for the Petersen group denied the allegations and said that the “Buyout had followed all transparency and regulatory requirements of the Argentine, Spanish and US supervisory authorities”.

In 2012, Argentina expropriated 51% of the YPF shares. Three years later, the British Hedgefonds Burford Capital bought legal rights and brought Argentina to court and claimed that the country had failed to offer an offer for the purchase of its YPF shares when the company nationalized, which caused significant losses for them.

In 2023, Preska Argentina ordered the plaintiffs to pay 16.1 billion US dollars for contractual breach of contract during the nationalization.

“This lawsuit was initiated in 2015. Cristina Fernández de Kirchner was the president of our country, and the prison sentence was published in September 2023, she was Vice President of our country. This is not a small fact, ”emphasized Irazu. “The process was set up as an honest civil or commercial dispute between the Eskazis and the Argentine government, but that was not the case. Why did you say nothing over the years? Because the government and YPF were both controlled by the Kirchners, ”he added.

In his letter, Irazzu “claimed an international criminal conspiracy and/or a program that essentially affects these legal proceedings” and said the goal was “to complete fraud and money laundering”. He added that these alleged crimes deserve “proper investigations and any charges”.

He added when Burford was paid by the government, the Petersen Group would collect part of the money. A spokesman for the Petersen group told that of the Herald That is not the case.

“Burford bought the insolvency proceedings in front of the Spanish courts and thus the right to argue against Argentina,” he added, said that the Petersen group “was on the edge on the edge and does not interfere in any judicial process in connection with YPF.”

Irazu based his arguments on a lawsuit against the Kirchner's submitted Coalición Cívica The chairman Elisa Carrió in 2006. On Tuesday, Lijo was appointed the Supreme Court on a controversial arrangement of the executive.

“Last year we said judge Lijo Herald.

Last month, Preska ordered Argentina to send information about the gold reserves of the central bank submitted by Burford, who tried to confiscate national assets in order to partly pay for the lawsuit.