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Argentine Court Orders Asset Seizure of Kirchner Properties in Vialidad Case

The move responds to the conviction’s ratification, with recovery set at 684.99 billion pesos by court‑appointed experts.

Overview

  • Tribunal Oral Federal 2 directed the execution of a decomiso covering 122 immovable assets identified as products or instruments of the scheme from 2003 to 2015.
  • The list includes roughly 20 Kirchner‑family properties—one in Cristina Fernández de Kirchner’s name and 19 tied to Máximo and Florencia—as well as holdings linked to Lázaro Báez and firms such as Austral Construcciones, Kank y Costilla and Loscalzo y Del Curto.
  • Judges ordered valuation, registration in the national seized‑assets database and notification to the Supreme Court, which will administer or auction the assets and determine their allocation.
  • Prosecutors Diego Luciani and Sergio Mola said the condemned parties were formally pressed to pay the updated amount and did not, prompting the push to realize assets.
  • The ruling applies a recovery standard that does not require strict traceability and can reach transformed or third‑party‑held goods, and it allows execution against additional convicts’ assets if initial proceeds fall short.