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Argentine Court Orders Asset Seizure From Cristina Fernández de Kirchner and Lázaro Báez

The measure targets wealth incorporated between 2003 and 2015, including property received gratis by her children.

Overview

  • Federal Oral Court No. 2 initiated patrimonial execution to cover an updated decomiso of ARS 684,990,350,139.86 after the condemned parties missed a 10‑business‑day payment deadline.
  • The resolution instructs valuation, seizure and registration of the targeted goods in the national database of seized and confiscated assets.
  • The order applies to multiple Vialidad convicts, including José López and Nelson Periotti, with fallback execution against their assets if initial recoveries are insufficient.
  • Judges prioritized assets linked to Lázaro Báez and his companies—Austral Construcciones, Kank y Costilla, Gotti Hnos. and Loscalzo y Del Curto—for initial enforcement.
  • The decomiso figure was updated from roughly ARS 85 billion set in the 2022 ruling by Supreme Court accounting experts, and local reports say up to 20 Kirchner-family properties are within scope.